How the Digital Freight Marketplace Saved 9% on Freight Spend
Written by The Emerge Editorial Staff
At a time where shippers’ bottom lines are being greatly impacted by rising freight costs, a plumbing supplies manufacturer was struggling to find supply chain efficiencies that reduce freight spend. By utilizing the Emerge Digital Freight Marketplace, this shipper saw savings of 35% quarter over quarter on two of their most popular lanes.
So how did they do it? Well, it’s no secret that utilizing technology can effectively automate, optimize and centralize the day-to-day freight operation. When properly implemented, productivity and visibility are maximized while errors are minimized.
With quoting, spot bidding, tendering and carrier management automated, the logistics manager was afforded more time to utilize reporting and other analytical tools within the platform to be strategic with their freight
“We allow our customers to transact with their existing vendors while sourcing untapped capacity. They have all the tools they need to make the best decisions for their business,”
– Brad Wheeler, Business Operations Mgr.
Emerge’s Digital Freight Marketplace helped the shipper maintain their competitive edge in an unfavorable market.
Although the Emerge platform had been implemented for a few months, it wasn’t until the shipper began engaging in the Digital Freight Marketplace that savings skyrocketed and service failures were eliminated. In fact, 16% of their awarded loads went to carriers and brokers introduced through the Marketplace. Providing lane and carrier data at the click of a button put the buying power back in their hands. Live capacity and insight into market rates allowed them to make informative negotiations backed by real-time data.
Taking advantage of the full functionality of Emerge allowed this customer to make timely, strategic decisions resulting in saving just under 9% on their total freight spend in Q4 2018 and Q1 2019.
Emerge is Here to Help
Are you serious about reducing your freight spend? Then we’d love to show you just how easy it is to save with our Digital Freight Marketplace. In just a few minutes one of our freight gurus will help you run a quote and show you the savings.
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