With these data mining tools, companies can create a report based on a radius from a ship point, or identify opportunities for service or modal shifts, providing insightful information about carrier usage by lane, volume, average cost per pound, shipment size and service type. Performance can be measured based on the number and dollar amount of billing errors in proportion to overall shipping expenditures, variances from trends in costs, volumes and accessorial charges, by mining a database that includes Paid Bills, Work in Process transactions and Bills Aging to Terms.
Data2Logistics assists Global 1000, Fortune 1000 and SMB companies to reduce their shipping costs by providing an outsourced opportunity to efficiently process, audit, account code and pay their freight at a significantly lower cost than internal processes. Clients also benefit from the identification of more carrier overcharges than their internal systems can identify. The company provides actionable information to better manage and control transportation cost, and supports clients with their carrier bid preparation, benchmarking, proposal analysis and negotiation. As a single source of information for all modes of transportation on a global basis, Data2Logistics identifies and reports opportunities for savings and the reasons for variances in trends. Savings opportunities can be derived from modal shifts, consolidation of shipments, improved carrier utilization, and adjustment to shipment size, as well as monitoring accessorial costs. Reviewing over $15 billion worth of freight bills from thousands of carriers annually, the company provides a single-source solution results in savings averaging 5%-15% of product shipping expenditures per year.
For Data2Logistics services information, contact Harold Friedman, +1 609 577 3756 or harold.friedman@
About Data2Logistics, LLC
Fort Myers, Florida-based Data2Logistics is a leader in supply chain logistics, cost management and freight payment. The company’s Ship Smarter and Save capabilities assist hundreds of clients in the Global 1000, Fortune 1000 and SMB categories, processing hundreds of millions of freight bills annually, valued in excess of $15 billion, saving clients an average of 5%-15% of their product shipping expenditures per year.
As an eight-time recipient of Inbound Logistics’ Top 100 Logistics IT Service Providers, their data mining capabilities creates actionable information for current and ongoing shipping cost savings. The company is the only service provider to work with clients and carriers to eliminate billing errors from recurring and to continuously improve and optimize their logistics networks and expenditures, domestically and globally. http://www.data2logistics.com/