Sleek Technologies Launches Native Carrier Mobile App to Advance Freight Procurement Automation Between Large Shippers And Small to Medium-Sized Carriers
Sleek Technologies launches native carrier app which dynamically matches shipper loads to compliant, out-of-network, asset-based carriers at the right time, place, and price, benefiting both parties CHICAGO, Aug. 09, 2022 (GLOBE NEWSWIRE) -- To help shippers and carriers uncover resilience, sustainability, and cost reduction opportunities, Sleek Technologies has advanced freight procurement automation by launching a self-service mobile app for small to medium size carriers. Once downloaded, the app provides carriers with direct access to large, reputable shippers with high load volumes. “Sourcing the right carrier, at the right time, at the right price has been a struggle for many large shippers because most only have direct access to less than 1% of today’s capacity through contracted carriers,” said Mike Nervick, Sleek Technologies CEO. “By automating freight procurement, large shippers leverage AI-powered technology to remove intermediary barriers, and expand direct access to compliant, out-of-network, asset-based capacity which saves massive amounts of time and money.” Once the app is downloaded, machine learning goes to work to dynamically match shipper load requirements with carrier attributes. After a load is matched to a carrier, the load becomes available for the carrier to submit an offer. The load is only accepted when the carrier bids at or under the shipper’s designated truckload price. If accepted, load statuses are automatically updated into the shipper’s designated TMS via enabled APIs. The entire process happens behind-the-scenes, and is seamlessly integrated into the shipper’s TMS. “With the middleman eliminated, 100% of the carrier’s bid lands in the carrier’s pocket so they make more money,” said Andy Stump, Sleek Technologies CTO. “Plus, the shipper saves money by not paying hidden...
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...