CASE STUDY

Argus Logistics

Ship smarter: the value and efficiencies gained through a successful partnership
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About the customer

Argus Logistics is an industry leader with a global presence and 30 years of experience behind the brand. Their cloud based, customizable technology with actionable business analytics ensure a strong market position. 

Argus manages over $2.5 billion in annual transportation spend for their customer base and services all modes across Automotive Manufacturing, Health & Beauty, Chemical, Oil & Gas, Construction and Retail, among others.  Their mission is to provide their clients with the team, processes, technology, and expertise through a comprehensive world class logistics management platform that allows them to gain full control of their supply chain and maximize savings. It’s their mission to ensure every stakeholder FROM THE SHIPPING DOCK TO THE BOARDROOM recognizes the value and efficiencies gained through the mutual success of a partnership with Argus Logistics.


Knowing the value of being an existing Transporeon customer, we knew that implementing Transporeon’s Autonomous Procurement solution would bring the most value to our growing business.

With Autonomous Procurement, we are able to focus more on servicing our customer base, equipped to identify capacity opportunities and exceptions before they occur, and in a strong position to optimize our talented team.

Parker Stallard,

President,
Argus Logistics

The challenges

These were the challenges that Argus Logistics needed to tackle:

  • Historic bid board practices in a dynamic market create false capacity demands resulting in slower response times and drivers controlling daily market prices 

  • High amount of manual work during the life cycle of each shipment 

  • Carrier compliance 

  • Inaccurate indexed based pricing like DAT (often non-specific to the unique customer needs or buying power) – especially important during a period of unprecedented market volatility

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The solution

A perfect match for a set of well known logistics challenges

Autonomous Procurement has been developed to solve a specific and well known set of challenges frequently faced by transportation firms, and in the case of industry leader, Argus Logistics, the solution proved to be a perfect match for their needs.

Implementing Autonomous Procurement to find capacity at lower rates, automate rate prediction and execute dynamic and custom offers helped the company achieve its goal to reduce costs by 17% against the industry bid-board standard and TMS Freight Auction.

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The results

End-to-end automation enables Argus Logistics to maintain market-leading status

Incorporating Transporeon Autonomous Procurement into their logistics technology portfolio alongside Transporeon Freight Procurement supported multiple short and long term strategic goals set out by Argus Logistics, including improved carrier compliance, and higher customer satisfaction.

 

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PRODUCTS

Explore our digital freight solutions

Together our products work in harmony to increase transport efficiency along the full lifecycle of freight activities.

Freight Sourcing Hub

Autonomous Procurement

Autonomous Procurement
  • Automates procurement using data and behavioural science.
  • Analyses how carriers make pricing decisions.
  • Achieves requested capacity at lower freight rates for road transports.
  • Fully automated process of predicting, framing offers, and concluding assignments.
  • Entirely carrier specific and automated process.
Benefits

Freight Sourcing Hub

Freight Procurement

Freight Procurement
  • Smart purchasing strategy.
  • Achieve optimum freight rates.
  • Reduce administrative effort and costs.
  • Find suitable partners worldwide.
  • Audit-proof the tendering process.
Benefits

Freight Sourcing Hub

Procurement Advisory

Procurement Advisory
  • Save up to 19% on freight costs.
  • Save 30% on administrative effort with e-sourcing.
  • Use only quality-approved data for tender processes and RFQ events.
  • Ensure 100% compliance with tendering processes.
Benefits

Insights Hub

Market Insights

Market Insights
  • Monitor the contractually agreed rates between shippers, logistic service providers, and the spot market.
  • Use important "indirect" indicators to illustrate the capacity situation on any given lane or market.
  • Define the lanes and metrics that you want to monitor.
  • Get a clear overview of the biggest market changes and top movers.
Benefits
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