Digitalizing spot rates for efficiency and cost savings
Customer Case Study
By unifying an opaque and highly manual process, a leading global electrical equipment manufacturer reduced costs by nearly one-fifth while reducing manpower requirements.
An opaque and time consuming RFQ process was impeding cost reduction and eating up internal resources
Our client’s Asia-based transport and logistics desk was overseeing international and domestic transportation for 35 countries, obtaining spot rates from 12 local and regional logistics service providers for every shipment.
This completely manual process involved creating RFQs for every single shipment in Excel and manually sharing them with all LSPs. Once quotes were received, they were being compared manually and shipments were being awarded to the selected lowest bidder via email.
This process was slow and highly inefficient, consuming internal resources. Furthermore, because LSP selection was opaque, no material cost savings were being achieved.
Increased transparency drove real cost savings and efficiency gains
Digitalizing the RFQ process made LSP selection simple and completely transparent:
By making it easy to compare rates, e2log enabled our client to achieve costs savings of over 20%.
Furthermore, by automating repeatable processes and eliminating redundant manual work, manpower requirements were reduced by over 40%.
More real-world results
Outcomes: Electrical Equipment
improvement in LSP service levels
By capturing and visualizing all LSP activity, we helped realize a 46% improvement in logistics service provider performance.
Outcomes: Oil and Gas
We helped a global leader in oil & gas streamline their logistics ecosystem by bringing 5 regional Control Towers supporting ~90 countries worldwide onto a single orchestration platform.
See why e2log is transforming logistics for some of the world's smartest companies
See what e2log can do for you
See how e2log’s advanced, unified platform for orchestrating global logistics can allow you to finally take back control of your supply chain.
From the start, we’ve sought to change the world for the better by solving some of the most challenging problems in global logistics. Discover our point of view.