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Schneider Reports 30 Percent Transport Savings via Sourcing Tool

| June 13, 2018

Schneider

Schneider (NYSE: SNDR), a leading provider of transportation and logistics services, has teamed with JAGGAER, the world largest independent spend management company, to save shippers on spot transportation requests.

Using Schneider Logistics’ BidSmart® methodology and JAGGAER’s Advanced Sourcing Optimizer (ASO), Schneider claims that it has achieved a whopping 30 percent savings on customers’ transportation sourcing.

Schneider’s drive twas spurred by a market need: sourcing bids for distressed freight. This integration represents a significant move in the digital transformation of the logistics industry as these bids were previously collected through dated technologies such as emails and faxes, and choices were further limited by time. Using JAGGAER’s ASO, Schneider’s BidSmart moves the entire process onto a digital platform and Schneider now quickly identifies and analyzes options to optimize shippers’ spot transportation requests.

Here’s what’s at play: Typically, a time-sensitive shipment in a demand-led market is moved by the first carrier that responds to a bid, removing the option of true choice, efficiency and savings from the equation. Schneider’s solution enables fast assessment of all bids, based on multiple variables, to yield immediate savings simply on the expanded choice set alone.

“Schneider’s adoption of our ASO technology is a model of vendor and customer collaboration,” said Rob Bonavito, CEO of JAGGAER. “Our solutions serve as catalysts for innovations that can fundamentally change how companies operate and serve their industries. It’s by listening to and working with customers like Schneider that enables JAGGAER to produce technologies that create market differentiation.”

 

 

Category: Featured, General Update, News

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