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From Gut Feelings to Data-Driven Decision Making: How to Unlock New Value in Transportation Management 

From Gut Feelings to Data-Driven Decision Making: How to Unlock New Value in Transportation Management 

Our report presents and assesses the countless advantages to exploiting data for all its worth. Find out how to:

 

  • Use market intelligence to save time and money
  • Exploit freight audit as a source of actionable transportation data and intelligence 
  • Deepen the value of network-based transportation management platforms with automation

Forward to the future: Freight Spend Insights

Forward to the future: Freight Spend Insights

This eBook offers an inside look at the current state of data management in supply chain management — and how you can use new technology to harness the power of big data in strategic decision-making.

 

  • The evolving role of data in supply chain management
  • The limitations of early technology and legacy systems
  • The benefits of an interactive, personalizable data dashboard for different teams

Transportation Pulse Report 2023

Transportation Pulse Report 2023

Welcome to the Platform Era.

 

Bridging the gap between the transportation of today and tomorrow: gain insights into transformational trends, greater collaborations and new platform solutions.

 

Authored in collaboration with Adrian Gonzalez, Founder of Talking Logistics and President of Adelante SCM, the third edition of our annual Pulse Report is based on the views and experiences of industry leaders from around the world.

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Powered by the Network

Matching freight demand with capacity is becoming increasingly challenging, especially in today’s volatile environment. Carriers are rejecting up to a quarter of all contract loads, forcing more Shippers into the spot market. The solution to this imbalance is an investment in network-based transport management systems. New technologies make automated freight-matching possible for both Shippers and Carriers at a whole new scale.
 

This original report includes survey responses from industry insiders and expert analysis from Adrian Gonzalez, President of Adelante SCM. 

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Top 20 tips for choosing a freight audit provider 

To help you know what to look for when selecting the right partner – and spot potential pitfalls – we have put together the top 20 things you need to consider.

A common mistake in the logistics sector is thinking that freight audit only provides cost savings due to the removal of overbilling. However, quite the opposite is true. Good freight audit also ensures increased freight visibility and actionable data, which prevents overpaying through correct invoices, rather than just handling exceptions. 

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The ultimate guide to freight audit in 5 simple steps

1. What is freight audit? 

Freight Audit is the process of verifying and analysing freight bills in order to gain cost savings, improve logistical processes and optimise operations. Freight auditing is done by either manually reviewing freight bills, or through the use of advanced software, capable of analysing and tracking huge amounts of data to provide superior billing accuracy and logistical analysis.

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Data-Driven Decision Making: Freight Audit 

How can companies unlock new value in transportation management? By becoming more data driven in their decision making.

That is the focus of a multi-part video seminar we are producing in partnership with Transporeon (a Talking Logistics sponsor) on data-driven decision making. The seminar is based on the research report “From Gut Feelings to Data-Driven Decision Making: How to Unlock New Value in Transportation Management.”

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5 reasons why you need Freight Audit

Discover how outsourcing your freight audit will give you a tighter grip on your finances, enabling you to make better business decisions. Our platform streamlines your financial processes, by capturing and analysing data across all transport modes. This single source of audited data provides complete visibility, giving you a true view of your logistic operations.

CASE STUDY

Greater visibility and enhanced cost management make audits simple

When one of the world’s largest household names put out an RFP for a freight audit solution capable of serving its global presence, Freight Audit team stepped up. Selected for our digital-first approach and scoring highly for flexible client and carrier interfacing, cost saving began during setup with our Freight Audit solution.

Top 50 Fortune 500 FMCG company
Transporeon Freight Audit saves big for world-leading household name.
2.5%
overbilling reduced from 3.6% to 2.5%
99,2 %
of payments are now on time
40%
reduction in invoices as a result of process consolidation

Data Driven Decision Making: Freight Audit

Are you exploiting the true value of freight audit data? Learn how the value proposition for freight audit companies has evolved in the last decade and discover how being equipped with actionable intelligence empowers you to maximise savings beyond transportation and across the whole business.

Want more insights? Get in touch with us:

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How to get maximum value from Freight Audit data

Looking for another way to improve your supply chain operations? Get innovative with how you use Freight Audit data to guide key strategic and operational decisions, and watch transformational savings roll in.