Solution: Elemica's Logistics Sourcing allows the company to solicit and contract rates, capacity, and lanes for regional or global transportation partners. Dynamic Bid Optimization lets the company evaluate hundreds of carrier bids against a custom-defined sourcing allocation strategy. It analyzes multiple transportation strategies with alternatives for mode, equipment size, transit time, and volume committed to single or multiple carriers. Event and bid history is tracked and stored to meet auditing and compliance requirements.
Results: The solution has cut the sourcing event time by 50-70%, while aggregating and standardizing logistic routing guides and the carrier base.
About the Solution Provider: Elemica provides state-of-the-art services in the areas of customer, supplier, sourcing, and logistics management that reduce cost of operations, automate key business processes, and remove transactional barriers. Elemica connects >2500 companies across multiple industries, processing over $60B in annual transactions. Clients include BASF, DuPont, LANXESS, Rhodia and Shell.
Phone: (610) 786 1200 or Toll-Free: (888) 247 8878
Enjoy curated articles directly to your inbox.