We use cookies to provide you with a better experience. By continuing to browse the site you are agreeing to our use of cookies in accordance with our Cookie Policy.
  • ::COVID-19 COVERAGE::
  • INDUSTRY PRESS ROOM
  • SUBMISSIONS
  • MEDIA FILE
  • Create Account
  • Sign In
  • Sign Out
  • My Account
Free Newsletters
  • MAGAZINE
    • Current Issue
    • Archives
    • Digital Edition
    • Subscribe
    • Newsletters
  • STRATEGY
  • GLOBAL
  • LOGISTICS
  • MANUFACTURING
  • PROCUREMENT
  • VIDEO
    • News & Exclusives
    • Viewer Contributed
    • Upload your video
  • BLOGS & MORE
    • White Papers
    • Webcasts
    • Events
    • Blogs
      • SCQ Forum
      • Reflections
    • Mobile Apps
  • MAGAZINE
    • Current Issue
    • Archives
    • Digital Edition
    • Subscribe
    • Newsletters
  • STRATEGY
  • GLOBAL
  • LOGISTICS
  • MANUFACTURING
  • PROCUREMENT
  • VIDEO
    • News & Exclusives
    • Viewer Contributed
    • Upload your video
  • BLOGS & MORE
    • White Papers
    • Webcasts
    • Events
    • Blogs
      • SCQ Forum
      • Reflections
    • Mobile Apps
Home » New RateLinx solution helps companies use logistics data to guide strategy
Forward Thinking

New RateLinx solution helps companies use logistics data to guide strategy

September 17, 2019
Supply Chain Quarterly Staff
No Comments

RateLinx has made a name for itself by providing companies with good, clean, accurate data about their orders, shipments, and payments. Now, the company is promoting its ability to provide logistics intelligence and analytics based on that data through its "Data-as-a-Strategy" solution.

The solution provides users with real-time reports on key performance indicators and analysis on such things as potential savings produced through using a preferred carrier or a new contract. Users will also be able to see their return on investment and budgets in real time. The solution can also be used to identify pricing pressures, which of the company's business rules are not being followed, and which of the business rules are out of date and costing the company money.

The dashboards can also provide a breakdown of charges by category and percentage spend. Users will be able to get in-depth detail on line-haul and fuel costs as well as accessorials. These capabilities will allow companies to make better carrier selections and engage in more effective rate negotiations.

The company announced the Data-as-a-Strategy solution at the Council of Supply Chain Management Professionals' EDGE Conference yesterday.

By labeling the new solution "Data-as-a-Strategy," RateLinx is emphasizing its core belief that clean data should provide the foundation of a company's strategy and approach to logistics.

"If you anchor yourself in data, then your strategy will produce better results and any change that you make on the supply chain side will be based on fact," said Shannon Vaillancourt, President at RateLinx during an interview on the floor of the Supply Chain Exchange exhibition at EDGE.

Technology
  • Related Articles

    Report: logistics sector will rise to second place in use of collaborative robots by 2023

    New CSCMP report explores blockchain and data sharing

    Dutch team pushes blockchain technology for logistics data

Recent Articles by Supply Chain Quarterly Staff

Blasgen to retire as leader of CSCMP in March

Reports: Outlook calls for stronger supply chains

Gartner: 4 ways to compete with industry disruptors

You must login or register in order to post a comment.

Report Abusive Comment

Most Popular Articles

  • The 3PL industry: time to reset

  • Supply chain resiliency starts with supplier mapping

  • Freight market growth expected to slow in 2021

  • Seizing the helm

  • The Top Supply Chain Pains That You Should Address For a Healthier 2021

Featured Video

Be8de8b1 9bd3 48d6 9400 0bf476fd1f5d

Optimization Through Lean Management 

Viewer Contributed
Uncertain times can put a tremendous strain on your business’s people, processes and supply chains. However, operations can mitigate some of these factors by adopting lean management principles and instilling a culture of continuous improvement. Raymond Lean Management Manager of Solutions and Support Centers Keith...

FEATURED WHITE PAPERS

  • The Top Supply Chain Pains That You Should Address For a Healthier 2021

  • Research Report: New Rules for Supply Chain Insights, Collaboration and Overall Resiliency

  • Logistics 2030 – Navigating a Disruptive Decade (Year 2 Report)

View More

Subscribe to Supply Chain Quarterly

Get Your Subscription
  • SUBSCRIBE
  • E-NEWSLETTERS
  • ADVERTISING
  • CUSTOMER CARE
  • CONTACT
  • ABOUT
  • STAFF
  • PRIVACY POLICY

Copyright ©2021. All Rights ReservedDesign, CMS, Hosting & Web Development :: ePublishing