Understand your spend exposure to macro-factors like vehicle types and regions. This can extend to site-specifics like waiting time, dock door count, and other operational details that help or hinder finding cost effectuve capacity.
Evaluate cost-to-serve by laneway, including spot vs. contracted rate moves. An effective way to identify and address cost inflation faster. For example, by identifying where new capacity should be sourced.
Procurement professionals are being driven more and more by "zero-base" approaches, where every budget must be justified without reliance on last year's budget or actual spend. The platform can help identify cost-floors per laneway, providing strong statistical evidence for a zero-based procurement strategy.
Carriers specialise in specific laneways, and this comes through in their cost-to-serve. The platform identifies where carriers are most price aggressive, both in spot and contracted rate arrangements. This is good feedback to take into sourcing decisions, including when and where to add new capacity.
Almost every road procurement exercise needs to deal with seasonality. If you don't have seasonality in your transportation you can be sure to be competing on capacity with others who do. The platform identifies these seasonal variations, again in spot and contracted rates, and helps maximize using them to your advantage.
Where is capacity now, and how is its price evolving? The platform aggregates and presents this informationspecialize whether it comes from your data or 3rd party sources.
At the core of the TNX platform is the promise to save money, especially when buying spot capacity. The analytics will make it crystal clear where, when, and how much this is happening.