A traditional freight procurement process is static, running through a systematic waterfall until the load is accepted. When the process works, the load is picked up by primary carriers who abide by contracted rates. However, in today’s market, this is no longer the norm. Instead, contracted carriers reject loads that are later picked up in spot at much higher costs.
Our freight procurement software has optimized the critical freight procurement process by dynamically sourcing compliant, asset-based capacity when needed most! Shippers set 80+ configurable attributes that dynamically open qualified capacity.
Lack of data transparency is one of the biggest hurdles in transportation logistics today– especially in freight procurement. Historically, as the freight market flipped so did the notion that it’s either a shipper or carrier market.
Dynamically sources compliant, asset-based capacity to deliver goods on time, at fair market price. As a TMS plugin, OTS runs seamlessly behind the scenes. Shippers decide where and when to enable the automation technology within the routing guide, and set desired truckload cost. With 80+ configured attributes, AI dynamically sources asset-based carriers who are checked daily for compliance. With no broker middlemen, truckload price is set by carriers so shippers always pay fair market price.
Has your CEO or CFO requested a reduction in truckload cost? If so, they probably still look at freight procurement as a commodity, and want the transportation team to always secure the cheapest carriers possible?
Gain 100% freight procurement data transparency to make informed, data-driven decisions. With a complete 360-degree view on truckload activity, shippers easily optimize their carrier network by knowing which carriers to keep, add or drop. Shippers understand which factors impact load cost so proper optimizations can be made. Executive-level reports empower the transportation team when reporting out and upward to leadership.
Our freight procurement solutions have changed the very way shippers source carriers! In short, we've eliminated waste, and make a static process dynamic! The result? Shippers have increased tender acceptance rates, reduced truckload costs, and improved key service metrics such as OTD & OTIF
In today's unforgiving market, contracts no longer hold up. Instead, contracted carriers reject loads that are later picked up in the spot market at much higher costs. Our freight procurement software intercepts loads before they hit costly load boards resulting in increased tender acceptance rates, reduced truckload costs, and improved service metrics.
Growing up as successful freight brokers, our CEO and CIO witnessed first-hand the challenges both shippers and carriers faced with a traditional freight procurement process. So they set out on a mission to build innovative freight procurement software that supports digital transformation within the supply chain, specifically for freight procurement. They also wanted to bring transparency and trust to the foreground, something that has been lacking in transportation and logistics for years!
We’re committed to sustainability and corporate responsibility. In fact, 2021 marks our 5th consecutive year as an official SmartWay partner for the important role we play within freight procurement. Our FreightTech solution, OTS, has eliminated fuel consumption by dynamically sourcing the right carriers for loads. And when shippers and carriers are connected– at the perfect time– empty miles, along with CO2 emissions, are eliminated making freight transportation more sustainable. But we won’t stop there because sustainability remains a key part of our continuous improvement initiative.
Procurement Solution of the Year
Shortlist for Best AI Product for
Transportation & Logistics
Nominee for Best AI Product for
Transportation & Logistics
Finalist for Best Saas Product for Shipping,
Inventory, Vehicle Logistics
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