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Akash Agarwal, Co-founder and Chief Business OfficerBeans.ai is rising to the challenge with its proprietary geocoding platform, Beans Maps+. It provides latitude and longitude coordinates of the location based on customers’ textual addresses and other public data sources to pin the accurate spot for error-free deliveries.
Beans.ai’s geocoding platform is also powered with an address verification system and auto-complete feature to ensure every delivery location is a deliverable address. It helps companies avoid wasting time and money on failed deliveries. For verified addresses, the platform’s AI-driven route sequencing and dispatch module helps bring more efficiency, reduce churn rate, and improve overall customer satisfaction.
Its geocoding-based navigation services streamline the logistics process via internal and external tracking. Internal tracking helps managers and dispatchers track their vehicle’s location and delivery time.
External tracking allows customers to track the package with detailed notifications that show an estimated time of delivery relative to the actual time of delivery. Beans.ai, as a result, is ensuring a seamless delivery experience for everyone involved.
Many industry leaders trust Beans.ai,including Fetch Package, a growing delivery company that delivers high-volume packages across the U.S. Beans.ai helped them expedite their delivery process using hyper-accurate location data and micro-routing methodology. Beans.ai’s mapping applications also guided drivers through package lockers, loading docks, and elevators to minimize walking distance and deliver faster than usual in high-rise apartments.
What’s more interesting is Beans.ai’s robust computing power can handle millions of packages in a day across the U.S. It takes on complex computations for the material flow of up to 10,000 by 10,000 metrics, compared to some of the biggest platforms in the market that can only tackle 300 by 300 metrics. Beans.ai is aiming to improve its computation power even more and become ten thousand times faster than other market-available solutions.
“We are able to provide intricate tools and powerful solutions because we are a logistics company ourselves, with 80 trucks and drivers that deliver our own packages. We walk in the same shoes as our clients, which allows us to understand their needs very easily,” says Akash Agarwal, co-founder and chief business officer, Beans.ai.
When collaborating, Beans. ai works with clients’ technical and operational teams to learn about requirements and existing gaps. It offers different purpose-built solutions with unique pricing models to cater to companies of varying sizes and needs. While larger companies can integrate Beans.ai’s enterprise API into their workflow, smaller companies can subscribe to its app for a monthly fee. The company also has maps built specifically to simplify driver tasks, from parking vehicles to finding the right apartment door.
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We are able to provide intricate tools and powerful solutions because we are a logistics company ourselves, with 80 trucks and drivers that deliver our own packages. We walk in the same shoes as our clients, which allows us to understand their needs very easily
Many industry leaders trust Beans.ai,including Fetch Package, a growing delivery company that delivers high-volume packages across the U.S. Beans.ai helped them expedite their delivery process using hyper-accurate location data and micro-routing methodology. Beans.ai’s mapping applications also guided drivers through package lockers, loading docks, and elevators to minimize walking distance and deliver faster than usual in high-rise apartments.
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Company
Beans.ai
Management
Akash Agarwal, Co-founder and Chief Business Officer
Description
Beans.ai is rising to current navigation challenges with its proprietary geocoding platform. It provides latitude and longitude coordinates of the location based on customers’ textual addresses and other public data sources to pin the accurate spot for error-free deliveries.
Beans.ai News
SpeedX and Beans Collaborate to Revolutionize Last-Mile Delivery Amidst Low-Cost Package Disruption
© 2025 Logistics Transportation Review. All Rights Reserved.
PALO ALTO - SpeedX, a trailblazing last-mile delivery company, has partnered with Beans.ai, a leading technology firm specializing in AI-powered routing and dispatch solutions with advanced geospatial data capabilities. This strategic partnership marks a significant milestone, uniting cutting-edge technology and unparalleled operational expertise to tackle complex challenges in last-mile delivery.
"Lower-cost cross-border e-commerce packages are reshaping US consumer trends,” says Mike Cheng, COO at Speedx.io. “Increasingly, users are turning to newer apps for day-to-day needs, testing our last-mile efficiency as never before. Every failed or returned package now holds greater significance. To profit from narrow margins, we've developed a world-class tech and operations stack to power every delivery step.”
"We've observed these deliveries skew towards dorms and apartments by up to 12%, surpassing other e-commerce deliveries on average," noted Akash Agarwal, co-founder at Beans.ai. "Seamless electronic data transfer, order tracking, and proof of delivery are now essential. Our goal is to elevate this process with pinpoint location accuracy, AI-powered visual proof, and live order tracking. Lower-cost packages will inevitably lead to multiple packages sent to a single address, mirroring Amazon's model - which will further drive profit for carriers leveraging end-to-end package tracking technology."
SpeedX and Beans are striving to revolutionize last-mile delivery by concentrating on three key areas:
1. Enhancing Proof of Delivery (POD): Nearly 10% of POD images are unusable. By harnessing AI-powered fingerprinting technology, carriers can ensure accurate delivery verification, matching photo numbers with addresses, and confirming front-door delivery. This collaboration aims to set new standards for reliability and transparency, ensuring precise deliveries.
2. Improving Precision Mapping for Address Accuracy: The success of deliveries relies on precise address data. By leveraging Beans' accurate front-door location data, SpeedX has reduced failure rates by more than 25% across the network and cut delivery times by nearly 25 minutes per truck per day.
3. Optimizing Route Planning for Sustainable Operations: The partnership between SpeedX and Beans is centered around refining route planning to enhance efficiency and reduce operational costs. By using Beans' proprietary route planning, which averages 1.3 packages per stop (an 8% increase that continues to grow), SpeedX has slashed mileage by over 18%.
Together, these two companies, with their combined technological and operational expertise, are poised to transform the last-mile industry, ushering in an era marked by efficiency, reliability, and enhanced customer satisfaction. SpeedX and Beans remain committed to driving innovation and propelling the last-mile delivery sector forward as their partnership gains momentum.