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Case Studies > Fortune 100 Conglomerate Shrinks Incidental Costs by 80% and Drives Shipment Agility

Fortune 100 Conglomerate Shrinks Incidental Costs by 80% and Drives Shipment Agility

Technology Category
  • Functional Applications - Remote Monitoring & Control Systems
  • Analytics & Modeling - Predictive Analytics
Applicable Industries
  • Transportation
Applicable Functions
  • Logistics & Transportation
  • Warehouse & Inventory Management
Use Cases
  • Fleet Management
  • Predictive Maintenance
  • Supply Chain Visibility
  • Real-Time Location System (RTLS)
Services
  • System Integration
  • Software Design & Engineering Services
  • Data Science Services
The Challenge
To optimize and enhance the management of massive shipment volumes, our customer had to increase supply chain transparency, reduce freight costs and automate freight procurement operations. Here’s a list of the critical challenges.\n\n• Manual negotiations in freight procurement \n• Increasing freight spend and cost leakages \n• Lack of visibility in shipment execution \n• Manual processes leading to high turnaround times \n• Siloed communication between teams \n• Lack of transparency over market rates and cost deviation \n• Data inconsistency and inaccuracies \n• Multiple tools of communication caused operational complexity
About The Customer
Our customer is a Fortune 100 multinational conglomerate and operates across 100 countries. It’s also India’s largest exporter accounting for 8% of the country’s total merchandise exports.
The Solution
The customer needed an end-to-end shipment management solution that easily integrates with their current systems. The company wanted to achieve 100% visibility across shipment operations, improve freight procurement processes and drive seamless collaboration across CHAs, freight forwarders, truckers internal logistics stakeholders. Shipsy’s automation-driven SAP-integrated end-to-end shipment management solution catered to all their unique needs.\n\nKey Highlights:\nPortals for creating, floating, comparing, negotiating and confirming freights\nSingle platform for collaboration and communication for effective shipment execution and documentation\nAutomated real-time tracking of shipments with event milestones\nInsightful dashboards with advanced analytics and reporting
Operational Impact
  • From reducing freight spend, ensuring faster turnaround times, and automating manual processes, Shipsy’s solution enabled the customer to optimize end-to-end shipping operations.
  • Accurate decision making based on data insights
  • Increased transparency for all shipment stakeholders
Quantitative Benefit
  • 80% reduction in incidental costs
  • 5 days faster plan-to-ship time
  • 65% person-hour savings

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