New Study titled “Get More Out Of Your Rate Management” shows how shippers will achieve exponential ROI returns when using their freight rate data in multiple ways.
Connected Rate Management data is valuable in many ways beyond its initial shipping purpose
Freightgate, the Premier Innovation Leader in cloud computing and mobile applications for logistics and global supply chain management, announced today the availability of a new Rate Management ROI Study titled “Get More Out Of Your Rate Management”. It explains that shippers will achieve exponential ROI returns when they use their freight rate data in multiple ways. Connected Rate data is valuable in many ways beyond its initial shipping purpose.
The Study demonstrates innovative applications for freight rate management and rate data usage. By applying the universal use matrix philosophy, anyone involved in global shipping can leverage rate data to the next level. Rate data can optimized into multi-echelons for use in sales initiatives, RFPs, analysis of total transportation costs, routing guides, chargeback analytics, invoice validation, and how to tackle capacity management issues, supply chain disruptions, and ERP integration to name a few. Using rate data efficiently, shippers are empowered with more business intelligence, faster decision making, better profitability, improved workflow and organizational performance.
“Rate data is a corner stone of Logistics Management, empowering it to be meshed-up within and beyond the Logistics Information Fabric un-locks tremendous value. We look forward to work with our customers and other thought-leaders on defining a custom tailored strategy to maximize value generation” says Martin Hubert, President and CEO of Freightgate.
Freightgate’s Logistics Cloud Platform, known as the Freightgate Universe, enables transportation professionals on all levels to collaborate with global vendors and logistics providers seamlessly on a single common transportation sourcing platform for informed decision-making across the entire network. It encompasses ISO9001:2008-certified end-to-end transportation management processes from procurement, rate management, optimization, execution and visibility, carbon footprint, through invoice audit & pay. The Freightgate Universe is comprised of adaptive easy-to-deploy modules to help companies leapfrog into the 21st century with minimal start-up cost. Freightgate is the only commercial EFM compliant platform enabling standardized web-services as promoted by the US-DOT and Transport-Canada.
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Based in Fountain Valley, California, the Freightgate team has been developing Internet solutions for the freight and logistics since 1994, such as its industry-leading Logistics Cloud Platform, offering Supply Chain Collaboration & Visibility; TMS, Global Tender Bid Management; Least Cost Routing, Service Contract and Quote Management; Regulatory Compliance CBP and FMC; Automated eInvoice Audit and Payment; innovative What-If-Scenario Analysis tool; interactive online Sailing Schedule. Freightgate is ISO 9001:2008 certified.