The Coda Group Story:
About the customer
Coda Group is a leading New Zealand logistics provider that competes through a mix of differentiated asset-based solutions as well as non-asset based managed services. Coda is particularly dominant in import and export flows, which is central to their purpose to keep New Zealand competitive on the global stage. Their capabilities span intermodal, coastal shipping and large scale trucking through private and subcontracted vehicles. Coda Group’s promise is “smarter logistics, together” and Transporeon plays a role in making that happen.
The challenge
Coda Group needed to improve profitability across its trucking activities, including private fleet, contracted for-hire, and spot procurement. Based on close assessment of legacy processes, improvements needed to factor in existing carriers, as well as open the door for many more new carriers – without adding to back office headcount.
The solution
We rolled out Autonomous Procurement across Coda’s large for-hire segment, leveraging the Transporeon solution for both contracted and spot-rate pricing automation. In addition, dock-door scheduling was employed for high-volume customer and hub sites.
The results
The results exceeded expectations spanning a number of key areas:
- Vehicle utilization was noticeably improved;
- The Group successfully lowered direct spend;
- Staff and carriers now enjoy a better working environment.
In addition, choosing the Transporeon platform gained Coda valuable recognition in the market as a trailblazer for digital adoption.
Ready to set automated spot buying in motion?
Find out more about Autonomous Procurement today.
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