Procure Analytics launched an integrated freight and logistics group purchasing program designed to help shippers reduce costs and improve visibility across transportation spend.
“The biggest mistake we see today is treating packaging, parcel, and freight as separate decisions. They’re not — they’re deeply connected cost drivers. The companies winning right now are the ones integrating these categories to drive visibility, control, and measurable savings across the entire supply chain,” says Matt Reddington, VP, packaging and freight.
Key takeaways:
· The newly expanded Freight & Logistics GPO combines continuous benchmarking against market data, including more than 100 million annual truckload shipments, to identify savings opportunities and evaluate performance.
· Members can optimize mode selection (truckload, LTL, intermodal, ocean, and small parcel) and carrier mix based on both cost and service requirements.
· In practice, this enables a more consistent, data-driven approach to managing freight and logistics spend, with typical savings of 10-20%.
· Freight (truckload, LTL, intermodal, ocean), small parcel, and cost savings services are rolled into one program.
