LLamasoft, Chainalytics Team Up to Integrate Freight-Market Data
By: LLamasoft July 08, 2014
LLamasoft and Chainalytics have formed a partnership to integrate Chainalytics' proprietary Freight Market Intelligence Consortium (FMIC) truckload data with LLamasoft and Chainalytics' mutual North American customers.
FMIC provides strategic freight market intelligence, benchmarking and comparative analysis through a private platform. Drawing on shipment details from more than 100 companies, the tool normalizes the factors that impact overall transportation expense, providing subscribers with insight into market-based costs. Access to FMIC benchmarks will be included within LLamasoft’s cloud-based Data Services application, a supply-chain design reference and benchmark data offering, and integrated into LLamasoft Data Guru, a data-analytics application, to prepare it for supply-chain modeling in LLamasoft Supply Chain Guru.