Freight Management has become a hot topic among the shippers today, due to the growing pricing pressures and service options from carriers, combined with the increasing demand from customers for more frequent and time-bound shipments. Keeping the accurate shipping records, handling freight data, managing transportation and making payments—are all key to a smooth running supply chain.
A robust Freight Management system streamlines and optimizes the efficiency of commercial freight operations, through proper freight route planning, carrier selection, shipping scheduling, load planning, guidelines compliance and auditing, invoicing, and reporting. It also automates the process of outsourcing freight bill processing and payment—saving time and expenses for the companies, while reducing errors like duplicate billing, overcharges, incorrect freight rates and more.
Today, the profound impact of technologies like cloud, big data analytics, Internet of Things, and self-learning systems are contributing considerably to the freight management landscape, enabling customers to better reap rewards from quicker and safer delivery of cargo.
In this scenario, companies look for innovative vendors and partners who can help them with the right technology and assist them through implementation. In the last few months, we have analyzed and shortlisted hundreds of freight management solution providers that are the forefront of tackling the challenges in the industry.
Our selection panel analyzed the vendor’s capability to meet shipper’s needs in managing the freight operations through the amalgamation of latest technologies into their solution.
We present to you the Logistics Tech Outlook’s Top 10 Freight Management Solution Providers- 2017.