Case Study

Trax Helps Global Consumer Goods Company Zero-in on Freight-cost Estimate

Trax Helps Global Consumer Goods Company Zero-in on Freight-cost Estimate

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Inbound Transportation Management Consumer Goods Case Study www.traxtech.com The Client & the Challenge: A well-known global consumer goods company lacked sufficient, advance visibility into its inbound freight costs. The company had been leveraging third-party logistics providers and freight forwarders and generally receiving final invoices well after the shipments had arrived. This lag resulted in freight cost estimates varying as much as 40% from actuals, making accurate financial planning and forecasting extremely difficult. The Trax Solution: Trax implemented the following solution: Design a system to analyze carriers’ advance shipment notices and apply the client’s contractually negotiated rates to accurately calculate estimated freight costs.

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