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.
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