Over 100 Years of Proven Expertise Across Freight Audit & Payment… and Beyond.
Trax Sourcing and Consulting Services combine best-in-class tools with best-in-category expertise. Our technology, multi-modal insights and deep freight audit and payment (FAP) experience helps you SEE your transportation spend better, SAVE at touch points you never considered and CONTROL your transportation costs today, and tomorrow.
Program management. Contract Optimization. “What if…” modeling. Taken separately, each can have a significant impact on overall transportation spend. But taken together with experienced category guidance, you can create a continuously improving program.
There is deeper value and opportunity to be revealed within almost any organization’s spend management strategy. You just need to know exactly where to look.
Simplify and Streamline Transportation Spend Management with dedicated support
Complex supply chains are in constant flux as companies focus on growth, expansion and changing market demands. Trax’s team ensures new carriers/LSP are properly integrated into the Total TSM℠ process, assist with the management of aging invoices, and monitor coding exceptions. All while making recommendations on new business rules to reduce exceptions and provide audit oversight.
Discover New Value Drivers & Continuous Improvements Opportunities
Trax’s Program Management team will work with you to develop a spend management strategy that highlights opportunities for additional savings using a proven Opportunity Assessment methodology. Your Trax team will help establish a framework for continuous process improvement.
Customize the Specific Level of Consulting You Need for the Project at Hand
Trax’s consulting practice is staffed with a team of transportation spend management experts that engage at a project level, or can be leveraged as an extension of your own team. Our consultants have industry and modal expertise that can be matched to your specific requirements.
The influencers that drive many LSP’s crazy actually drive us to succeed. Our granular approach to RFP’s leaves no stone unturned in the quest for savings and efficiency.
Gain Long-Term Spending Insights with Predictive Analysis
A best-in-class RFP process begins with a solid data model that will properly show the current baseline as well as predict carrier mix and spend dynamics for the duration of a contract. Trax’s proprietary models consider growth, rate increases, carrier mix, freight, fuel, and accessorial influencers, as well as business unit and geographic breakdowns within the model. They can also be used to show service impacts where applicable.
Reveal Savings Opportunities through Specific Modal Category Expertise during RFP
While a solid data model is important to quantify carrier offers and develop strategy, it is equally important to have a modal expert participate in the RFP process. Each mode of transportation has nuanced contractual characteristics that require domain expertise to fully understand services and their respective charges. Modal expertise also provides general industry insight that is important to consider when managing a large spend category.
Apply Best-Practices to Gain Competitive Advantage in the RFP Process
Trax has developed an RFP process that blends best-practices to carefully support a multi-round bid engagement. We employ a team approach that seamlessly unites project management veterans, modal experts, transportation spend strategists and contract/rate analysts to deliver a broad—yet uniquely focused—range of expertise and oversight throughout the entire RFP process.
Squeezing every drop of value from transportation spend management isn’t just about asking questions. It’s about asking the RIGHT questions across all channels and modes.
Discover Greater Efficiencies & Savings via Network Modeling, Design & Optimization
A successful network optimization requires a baseline representation of the current “as-is” state. This data foundation provides the necessary spend profile to build an advanced, model to estimate impacts due to change in origins/destinations in the network. Trax’s network modeling services provide insight into transportation cost impacts and service impacts, plus non-transportation impacts like warehousing and inventory carrying costs, local tax, labor, and real estate considerations.
Maximize Transportation Spend via Package Optimization / Dimensional Weight Analysis
Shipping air has become a key focus area of transportation spend management strategy for most shippers. Trax’s package optimization service combines advanced analytical models with modal expertise that provide insight into optimal package sizes, improved contractual terms related to dimensional weight, and other operational recommendations that would ultimately reduce overall cost / unit weight.
Identify Lowest Cost per Shipment & Cost per Weight with Optimized Carrier / Service Mix
Knowing how to balance the right carrier and service mix to achieve the lowest cost/shipment and/or cost/weight while maintaining the proper delivery commitments is challenging. Trax can model and forecast all modes of transportation providing the best options to meet objectives while considering constraints like carrier revenue commitments, customer service requirements, and other influencing factors.
Contact us today to realize measurable savings, gain unprecedented visibility into your transportation spend, and to take control of your most complex and significant spend category, contact Trax today.