Summary
An Australian supply chain consultancy firm partnered with Dyspach to tackle a time-critical project. By digitising rate cards, simulating commercial scenarios and benchmarking various rate structures, they uncovered 10-20% of invoicing variances and utilised the platform to generate ~20% savings opportunities across multiple procurement focus areas. The clear insights and easy to follow outputs empowered the client to launch a confident market engagement process that directly focused on the areas outlined.
Challenges
Analysing high-volume freight profiles requires clean data and the ability to consolidate enormous data sets into editable models that are agile and robust. The consultancy's challenge was to deliver actionable procurement opportunities by processing multiple corresponding datasets (historical transactions, invoices, order data and rate cards) —work that would traditionally have been completed in Microsoft Excel (eating into valuable project time) —within tight deadlines and competing with other programs of work.
Alternatives
The options were to engage extra project resources and utilise advanced analysis tools, or to use traditional methods of manually configuring formulae in several excel sheets, that would cost time, eat into project budget and historically is prone to manual errors that can impact the final outputs, particularly when working with huge data sets.
Solution
The consultancy used the Rate Management and Pricing Simulator modules in Dyspach to uncover freight allocation opportunities, invoice variances, and benchmark different cost-reduction scenarios, with clear visuals on weight, delivery patterns, freight type costs, location data and transit times. The solution included priority support from the Dyspach team to ensure the platform for set-up for rapid-action pricing simulations which was huge value-add to the consultancy.
Implementation
It all started with an in-depth demo, and given the short timelines, the Dyspach team helped the consultancy onboard the different rate cards into the platform from where the consultancy's team self-served to run over 58+ different types of pricing simulations with 1,155,763 pricing requests.
Results
Obsessed with customer success, the consultancy's team persevered to deliver the maximum value to the customer, which included >15% of supply chain & logistics related savings, largely driven from aligning the customer profile with a more commensurate profile and improved invoice visibility tools.
What's next?
Are you a transport and warehousing consultant or someone dealing with high-volume freight, Dyspach can help you optimise freight costs, plug leakages in invoices and even run full-fledged freight RFPs producing insightful visual reports, all without manual work. Give us a holler if you're interested to know more.
Published on November 28, 2024 • Case Studies