Transportation Data Management From Trax
A churning ocean of mission-critical data lies at the heart of global, multi-modal freight audit and payment. To cost-effectively navigate these waters from traditional freight audit to transportation spend management, robust data governance and enrichment at the start of the process is critical. The result is clean and actionable data to better control your spending.
Capture, cleanse, enrich and retain transportation data from both customers and carriers.
Electronic Data Integration (EDI), Electronic Flat File or Paper – we can Integrate with Carriers/Logistics Service Providers (LSP’s)
Regardless of the data source and format, Trax’s data integration hub ensures a seamless interface with various supply chain partners using formal EDI standards, custom electronic interfaces or even paper.
Seamlessly Integrate with Enterprise Resource Planning (ERP), Transportation & Warehouse Management Systems & Other Platforms
To properly capture all of the necessary data to meet audit, compliance, and business intelligence (BI) requirements, Trax will integrate with the various execution platforms typically used in the supply chain.
Retain, View and Share Critical Invoice Information
Whether electronic or paper, Trax makes invoice documentation accessible and retrievable online via an intuitive customer portal.
Improve Audit Effectiveness & Enhance Spend Intelligence
Trax’s dynamic data dictionary enforces customer data standards regardless of the data source or format. This approach improves audit effectiveness, reduces exceptions and enables robust transportation spend intelligence.
Reduce Exceptions and Increase Compliance Dedicated Data Governance
Trax’s Data Governance approach ensures a thorough review of all source files and contracts to validate that a successful three-way match can be achieved with minimal exceptions.
Improve Data Quality through Collaborative Management of Carriers/Logistics Service Providers (LSP’s)
Trax will work with your carriers/LSP’s to provide proper content based on the mutually agreed upon data requirements for all modes of transportation. Immediate exception responses improve compliance and result in overall improved data quality.
Improve Audit Effectiveness by Enforcing Data Elements – Services, Events, and Charges
To ensure a proper match between invoice and contract, Trax’s data governance team will work with your carriers/LSPs to provide discrete service, charge, and event codes that match contract pricing rules. This process improves audit effectiveness and overall data quality.
Enhance Business Intelligence via Data Normalization
All services, charge codes, and events are mapped into common categories that enable downstream processes to remain carrier agnostic. Normalization of codes also enhances Business Intelligence by providing cross-carrier analysis and standard reporting.
Enrich Data Where Necessary with Distance, CO2, Channel & Other Extensions
Trax’s data management strategy provides data extensions to augment what is available in source files. Extensions include, but are not limited to, distance of shipment, CO2 associated with the mode of transport, distribution channel, and shipment direction (inbound/outbound).
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.
Contact a Trax Expert Today!
Data Management from Trax provides a carrier-agnostic, normalized and flexible data approach vital to comprehensive audit, compliance, allocation, and business intelligence processes.
-
Trax’s Sourcing and Contract Optimization Services Help a Global Pharmaceutical Company Unlock Savings
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.Read More -
Trax Cost-Allocation Process Automation Helps Global Athletic Retailer Discover Savings
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%!Read More
-
Trax Helps Global Consumer Goods Company Zero-in on Freight-cost Estimates
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...Read More
-
Trax Provides Best-in-Class Customer Service to Maintain Brand Loyalty for North American Retailer
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.Read More
-
Trax Inbound Supplier Compliance Solution Helps Wireless Provider Connect to Savings
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...Read More
-
Trax Transportation Spend Management Solution Provides Enhanced Visibility for International Retailer
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.Read More