This award spotlights top software and technology startups in the supply chain and logistics space.
Ann Arbor, MI—Dec. 4, 2023 — Food Logistics, the only publication exclusively covering the movement of product through the global cold food supply chain, and Supply & Demand Chain Executive, the only publication covering the entire global supply chain, selected Optilogic as one of this year’s Top Tech Startups, which spotlights top software and technology startups in the supply chain and logistics space.
Optilogic offers cloud-native supply chain design solutions that enable businesses to evaluate trade-offs across financial performance, service levels, and systemic risk to design resilient supply chains even in the most dynamic, challenging environments. Its supply chain design solution, Cosmic Frog, enables companies to analyze trade-offs across cost, service, and risk and provides an automatic risk rating for every scenario.
“We’re thrilled to be recognized by Food Logistics and Supply & Demand Chain Executive alongside so many other innovative supply chain companies,” said Rebecca Janowiak, vice president of product management for Optilogic. “By making it possible for companies to ask the right questions about their supply chain design and rapidly assess the entire solution landscape to pick the best strategy, Optilogic is making it possible to build more resilient, profitable supply chains that can withstand today’s disruptive environments.”
AI-powered automation retains its top spot from a majority of the winners (46% vs. last year’s 35%), with AI, smart data capture and real-time transportation management trailing behind (41%, 33% and 29%, respectively). And, winners range in revenue from $1 million to $20 million-plus, with startups beginning operation as early as 2000.
“Many of today’s startups are poised to disrupt the supply chain space. Whether it’s raising money to improve sustainability, visibility and food safety or empowering companies to enhance the last mile, these startups are putting innovation at the forefront. They’re introducing real-time tracking and carbon footprint solutions and developing robotics and wearables to better move product from Point A to Point B in the safest, most efficient manner,” says Marina Mayer, editor-in-chief of Food Logistics and Supply & Demand Chain Executive. The future of the supply chain industry is now. And, now is the time to shine a spotlight on these startups’ initiatives.”
Recipients of this year’s award will also be profiled on FoodLogistics.com and SDCExec.com. Go to https://foodl.me/5z0zecqd to view the full list of Top Tech Startup winners.
About Food Logistics and Supply & Demand Chain Executive
Food Logistics reaches more than 26,000 supply chain executives in the global food and beverage industries, including executives in the food sector (growers, producers, manufacturers, wholesalers and grocers) and the logistics section (transportation, warehousing, distribution, software and technology) who share a mutual interest in the operations and business aspects of the global cold food supply chain. Supply & Demand Chain Executive is the only supply chain publication covering the entire global supply chain, focusing on trucking, warehousing, packaging, procurement, risk management, professional development and more. Food Logistics and Supply & Demand Chain Executive also operate SCN Summit and Women in Supply Chain Forum. Go to www.FoodLogistics.com and www.SDCExec.com to learn more.
Optilogic offers cloud-native supply chain network design solutions that enable businesses to evaluate trade-offs across financial performance, service levels, and systemic risk to design resilient supply chains even in the most dynamic, challenging environments. Its Cosmic Frog supply chain design solution tackles enterprise data at scale, runs models faster than ever, automatically converts legacy models, and requires no IT footprint. Cosmic Frog is the only supply chain design platform to combine optimization, simulation, and risk engines, and includes a risk rating on every scenario. Solutions include network design, intelligent greenfield analysis and site selection, M&A analysis, near-shoring/reshoring, CapEx planning, cost-to-serve, product flow, and many more. Stay in touch with Optilogic on LinkedIn, Twitter, Facebook, and YouTube and visit www.Optilogic.com.