With Rate Manager, Trax is enabling customers to capture and curate transportation rates in a standard way and provides real time visibility into all contracted rates by mode, region, carrier or logistics service provider (LSP) and business unit.
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It used to be that the hard savings from credit recovery or adjustments in the audit process could meet clients’ needs. Not anymore. Today clients want to garner even more value and information from their audit process.
The integrated company will retain the Trax name and combine the leadership teams of both companies. Shippers of all sizes and across all industries will benefit from the company’s deep parcel and freight expertise as well as a significant global footprint.
When a wireless provider sensed major inefficiencies in their new vendor compliance process, they called on Trax to take a closer look. We created a role-based portal that reduced manual processes, automated messages, designed new reporting functionality and integrated contract compliance—resulting in savings across the board in dock scheduling, warehouse detention and real-time information...
Trax conducted a complex cost allocation analysis across multiple product lines, divisions, groups and departments for a global athletic retailer; an effort that spawned significant labor-reducing automation opportunities; a dynamic, customized, rules-based, table-driven coding engine; and an automated coding process for millions of shipments now enjoying an exception rate of less than 2%!
Combining deep transportation spend expertise with robust analytics, Trax Sourcing services delivered a comprehensive sourcing project, post bid analysis and negotiation assistance that enabled the client to meet their objectives.
Trax streamlined an inefficient system of third-party logistics providers and freight forwarders into a unified purchase order feed for enhanced visibility into inbound freight costs. Our solution enabled the company to see estimated spend costs by the second day of the following month—a variance reduction from 40% to 2%! And that was only the...
Trax helped to resolve a significant holiday season shipping bottleneck that existed with third-party parcel delivery companies for a major retailer client. By uniting shipping activity into a single platform regardless of shipping source or location, Trax helped the client realize 24-hour outbound shipment visibility with an enhanced ability to mitigate package delivery exceptions.
Trax helped a veteran international retailer client realize serious bottom-line transportation spend savings by developing a master data management strategy and putting it to work. Automated data capture, complex SKU-level matching, cost estimation, custom- business intelligence tools—all combined to yield significant transportation spend savings across the company’s entire workflow.