Sleek Technologies and Propero Consulting Automate Freight Procurement for Oracle Transportation Management (OTM) Users

Sleek Technologies and Propero Consulting to offer AI-powered freight procurement automation software that seamlessly integrates into OTM resulting in on time delivery, at fair market cost CHICAGO, June 22, 2022 (GLOBE NEWSWIRE) -- Sleek Technologies, the leader in freight procurement automation, today announced its strategic partnership with Propero Consulting. Propero, an Oracle Partner, designs and implements innovative supply chain solutions that improve operational efficiencies. Together, Sleek and Propero will help OTM customers uncover resilience, sustainability, and cost reduction opportunities related to transportation management. “This strategic alliance supports our push towards freight procurement automation,” said Mike Nervick, CEO of Sleek Technologies. “OTM users will now have the ability to dynamically source compliant carriers through an AI-powered, self-regulated freight marketplace that eliminates waste such as brokers and RFPs.” Sleek Technologies uses proprietary AI and machine learning algorithms to dynamically match shipper loads to compliant carriers at the right time, location, and market price. Data seamlessly flows between Sleek and OTM, so customers gain a complete snapshot of truckload activity for stronger, data-driven decision making. ”Over the last 24 months, many shippers have identified the need to automate important supply chain processes and improve overall carrier capacity,” said Mauricio Ramirez, Managing Director of Propero Consulting. “Transportation management remains at the top of the list. This automated solution we’ve developed for OTM with Sleek turns the static freight procurement process into a dynamic real-time process, reducing truckload cost while improving on time delivery.” With a heightened focus on digital transformation, and a need to remain resilient especially during times of unknowns, innovative shippers have realized the old, antiquated way to procure freight no longer works. From...

Shanghai, Back to School, Fall Peak, And More– Are You Prepared?

Michael Paul, Sleek's VP of Sales, has been helping shippers source qualified carriers for years now, and based on his expertise and what he's witnessing overseas, he is predicting a high-water mark of containers will soon generate another capacity crunch at US Ports. To help support his point, Michael Paul said, "The Port of Savannah this past week moved 255K TEUs, and the same week in 2021 only moved 170K. Thankfully, port leadership had strong foresight and created a number of container yards which resulted in only 12-15 containers on water, versus 40-50." Here are additional challenges, and what shippers can do now to proactively prepare to weather the approaching capacity crunch storm.  New Shanghai Quarantine Measures Will Have Resounding Impacts This past April and May, as part of continued quarantine efforts, Shanghai closed several important highways which negatively impacted trucks carrying exports bound for city ports. To help mitigate delays, shippers began to rely on Ningbo and other smaller loading ports along the Yangtze River as alternate port destinations. As a result, the Port of Ningbo is now showing an increase in congestion. Just as production and manufacturing levels were resuming in Shanghai, new restrictions were implemented which will negatively impact the supply chain and freight procurement. During the initial lockdown period, a trucking slowdown led to raw material shortages for large companies such as Volkswagen and Tesla. “Before the latest restrictions, truck drivers were still required to provide a nationally recognized 48-hour negative Covid test result and traffic permit”, said Akhil Nair, Asia-Pacific VP at Seko Logistics. He also noted that local governments continue to demand more testing....

Sleek Technologies Awarded “Procurement Solution of the Year” In 2022 SupplyTech Breakthrough Awards Program

Sleek Technologies Wins Procurement Solution of the Year from Annual Awards Program Which Recognizes Innovation in the Global Supply Chain Technology and Logistics Industry CHICAGO, June 16, 2022 (GLOBE NEWSWIRE) -- Sleek Technologies, leaders in freight procurement automation, today announced it has been recognized as “Procurement Solution of the Year” by SupplyTech Breakthrough, a leading independent market intelligence organization that evaluates and recognizes standout technology companies, products and services in the supply chain technology and logistics industry around the globe. “What an honor it is to be singled out in the SupplyTech Awards program. Our automation technology was designed to disrupt and advance freight procurement, and we’ve done just that! Our growing customer base is reducing truckload cost by 10-20%, while delivering 97%+ OTD regardless of market conditions” said Mike Nervick, CEO and Co-Founder of Sleek Technologies. “We’ve figured out how to automate the $700B trucking industry. With AI-powered technology and 100% data transparency, we uncover resilience, sustainability and cost reduction opportunities that empower shippers to always deliver the products the world wants and needs on time, and at fair market price.” Sleek Technologies has advanced freight procurement by replacing inefficient manual processes– such as RFPs and brokers– with freight procurement automation technology that offers the most comprehensive load matching solution in market. By automating freight procurement, shippers can effectively manage the unpredictable freight market to always deliver goods on time, at fair market price. As a load becomes available, freight capacity is expanded dynamically. 80+ configured shipper attributes, predictive AI algorithms, and a system of measures to gauge the likelihood of a specific driver’s interest in a particular load/...

Sleek Technologies Announces Joanne Savage from AdvanSix as 2022 ISY (Innovative Shipper of the Year) Award Winner

AdvanSix, a leading producer of differentiated products in the industries of nylon solutions, chemical intermediates, and plant nutrients, saved over $100,000 in truckload costs while delivering goods on time 97.6% during extreme market conditions when other shippers struggled to maintain cost and service.  Chicago, IL June 2, 2022 - Joanne Savage, Logistics Manager at  AdvanSix, was recently named the 2022 Sleek Technologies ISY Award Winner for her excellence in freight procurement automation. Each year Sleek Technologies recognizes one customer who has embraced technological advancements to strengthen freight procurement results. Award recipients uncover resilience, sustainability and cost reduction opportunities for their company, and in turn their end customers.  “Joanne is a true trailblazer,” said Mike Nervick, Sleek Technologies CEO. “As an early adopter of freight procurement automation, Joanne embraced new technology which mitigated rising truckload cost and poor service levels for AdvanSix during unprecedented times for transportation professionals.” Joanne's willingness to embrace new technology resulted in a truckload savings rebate of $114,524 and an industry-best on-time delivery rate of 97.6%. This is no simple task, especially during volatile freight market conditions when many other shippers struggled to maintain cost and service levels. Joanne has risen to the occasion with a strong work ethic and an innovative spirit, successfully managing transportation efforts for AdvanSix.  “Joanne understands the importance of servicing the customer at a high level while still controlling costs in a volatile marketplace,” said Dean Corbolotti, Sleek Technologies VP Managed Services. “During the supply chain crisis when reliable and cost-effective freight capacity was hard to find, Joanne delivered 100% on time delivery multiple times when most shippers were lucky to deliver...