Data2Logistics Presents Freight Rate Optimizing Strategy at the Supply Chain and Logistics Summit

JOC Staff |

FORT MYERS, Fla. — Global supply chain information and technology company Data2Logistics announces presentation by the organization’s Leif Holm-Andersen, Executive Director of Professional Services of the industry seminar, Transportation and Logistics: Optimizing Freight Rates, at the 10th Annual Supply Chain and Logistics Summit North America at the Hyatt Regency Dallas. The address focused on issues concerning transportation strategy planning supporting shipper’s corporate goals, including plan benchmarking, freight rate negotiations, and identifying, documenting, and recovering carrier overcharges through invoice auditing. Strategies encompassed creating solutions and reduce shipping cost through data-based decision-making and performance measurement, leveraging logistics spend across business units, regions and shippers, and the importance of establishing strong relationships with carrier partners.

The 10th Annual Supply Chain and Logistics Summit North America provided attendees the opportunity to learn from examples of industry leaders addressing universal supply chain challenges, networking and benchmarking among peers from a broad array of industries, discovery of new tools, tactics and technologies to improve performance, enhance resiliency, and reduce cost. The goal for attendees was to take away supply chain management best practices and lessons learned from other organizations, and apply them to their own decision-making process.

Data2Logistics enhances transportation operations, helping meet goals for cost reduction and improved oversight. They provide focused resources to support projects relating to pooled purchasing, RFP management, carrier negotiations, TMS software, inbound routing, and network analysis, along with informed audit and freight payment services. Their global reach provides ability to support all modes of transportation, optimizing logistics operations domestically and globally.

Data2Logistics assists Global 1000, Fortune 1000 and SMB companies to reduce their shipping costs by providing an outsourced opportunity to efficiently process, audit, account code and pay their freight at a significantly lower cost than internal processes. Clients also benefit from the identification of more carrier overcharges than their internal systems can identify. The company provides actionable information to better manage and control transportation cost, and supports clients with their carrier bid preparation, benchmarking, proposal analysis and negotiation. As a single source of information for all modes of transportation on a global basis, Data2Logistics identifies and reports opportunities for savings and the reasons for variances in trends. Savings opportunities can be derived from modal shifts, consolidation of shipments, improved carrier utilization, and adjustment to shipment size, as well as monitoring accessorial costs. Reviewing over $15 billion worth of freight bills from thousands of carriers annually, the company provides a single-source solution results in savings averaging 5%-15% of product shipping expenditures per year.

For a copy of the presentation Transportation and Logistics: Optimizing Freight Rates, contact Leif Holm-Andersen, Executive Director of Professional Services at Data2Logistics, +1 516 807 0256 or leif.holm-andersen@data2logistics.com.