When it comes to digitizing the supply chain, Janus provides solutions and services for each step of the process, including inventory and warehousing, stocking locations, transportation, final mile and courier, planning and forecasting, and more. In the case of inventory and warehousing, the company uses proprietary RFID technology to reconcile inventory and execute transactions. It can be used in a variety of ways to secure the entrance to stocking locations in addition to tracking people and assets that come and go. To make this process of security and tracking easier, Janus has launched a mobile app, Cypher, that lets people search for inventory in their area, open doors, do various warehouse functions, order deliveries, and track deliveries that are in transit. All of this is in real-time and 100 percent accurate.
In the case of stocking locations, Janus can create warehousing in any location that has a power source and a good data connection or Wi-Fi.
As far as planning and forecasting, Janus uses AI and ML in its forecast engine and brings in thousands of attributes to create the best possible forecasts. The company then interfaces the forecasts with its customers’ outlooks to know the upcoming demands through some advanced business processes automation. Janus thus streamlines the planning and forecasting function, and all of that is integrated with the digital inventory of the logistics network in real-time.
Janus tends to have higher forecast precision than other models, and delivers improved productivity and costs, not just in terms of logistics expense but from a total cost of ownership perspective. Simons remarks, “We are trying to change the way companies manage their supply chains from top to bottom. And we are well positioned to do that as we have the market’s only vertically integrated platform and associated services.” The company has recently signed a contract with one of the major logistics providers to be an innovation, integration, and service partner. Simons considers it to be one of the big avenues of expansion for Janus. Moving into an explosive growth mode, the company is onboarding clients and expanding its footprint in different verticals, including medical devices, aerospace, and retail. In addition, Janus is geographically expanding across Europe, Asia-Pacific, Canada, and Latin America.
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Company
Janus Logistics Technologies
Headquarters
Minneapolis, Minnesota
Management
Brian Simons, Founder
Description
Janus Logistics Technologies leverages digital supply chain management by providing solutions and services for each step of the process, including inventory and warehousing, stocking locations, transportation, final mile and courier, planning and forecasting, and more. It uses proprietary RFID technology to reconcile inventory and execute transactions. To make this process of security and tracking easier, Janus has launched a mobile app, Cypher, that lets people search for inventory in their area, open doors, do various warehouse functions, order deliveries, and track deliveries that are in transit. All of this is done in real-time with 100 percent accuracy