TNT for Franz Edelman Award
TNT Express has been chosen as a finalist at the 2012 Franz Edelman Award for its triumphant application of operations research in network optimization. TNT Express uses operations research (applied mathematics for decision making) to analyze and develop its transportation networks, resulting in extra proficient routes and smaller mileage. As a result it has let TNT Express to cut operating cost, get superior service to customers and build up managers’ skillfulness. TNT Express has been chosen by the Institute for Operations Research and the Management Sciences (INFORMS®) along with five other organizations. From its inception since 1983, the Edelman competition recognizes exceptional examples of ground-breaking operations research in the profit and non-profit organizations.
The work being presented, known internally as “GO” (global optimization), is a combined agenda of TNT Express, ORTEC and Tilburg University. The three partners, who have work for six years on tens of network optimization projects for TNT Express.TNT Express has stated they are delighted to be competing for the prestigious award and bringing recognition to the transport industry.