Transportation Spend Management
Business Intelligence and Transportation Spend Management Excellence in the Form of Logistics Insights, Process Efficiency, and Cost Reduction.
Trax is the global leader in Transportation Spend Management and Freight Audit and Payment solutions. Our technology suite empowers organizations with globally complex supply chains to have greater visibility and control of their transportation costs across all modes and regions, giving them enterprise-wide efficiency, maturity, and value.
Why do enterprises choose Trax over the competition? Trax is the only technology-focused freight audit and payment solution with global, multi-modal capabilities and is the leading non-bank vendor of scale with differentiated technology, payment automation, and data capabilities. Download the fact sheet to learn more.
Are you already using a TMS? Are you trying to understand why a separate freight audit and payment provider would help you create a best-in-class tech stack for your supply chain? Trax offers FAP as a total transportation spend management (TSM) solution, which works perfectly alongside your existing TMS to provide end-to-end supply chain visibility and optimization. Download our TSM vs. TMS fact sheet to learn more.
This eBook outlines the journey of a typical enterprise advancing through key stages, starting with the freight audit process and evolving toward transportation spend management maturity.
Discover how Trax's Carbon Emissions Manager technology helps organizations see the true data behind their supply chain's emissions. Spanning all modes, you have access to defensible and reliable data.
Every business in the supply chain must respond to market imperatives for environmental sustainability initiatives.
This eBook from Trax provides expert insights into how to adapt and transform everything from operations to supplier relationships to your tech stack, positioning your organization to thrive in an eco-friendly future.
Trax's Rate Manager is your globally collaborative platform that brings expert rate and spot quote validation for all modes in all regions to ensure they are up to date and complete. Download to learn more about this single platform for rate and rate procurement management.
SEE valuable opportunities within spending and data. SAVE time and money through optimized processes and compliance.
Transportation Spend Intelligence Insights leverages best in class data management and analytics to give you confidence in making decisions for your future.
Trax makes performance analysis of actual versus expected simple, insightful, and intuitive to make real time decision making and course corrections with confidence
In this Webinar, Chris Cassidy, Executive Vice President of Global Sales & Strategic Partnerships at Trax and Bart De Muynck, Chief Industry Officer at project44 will discuss the impacts of both recent and ongoing supply chain disruptions, and how notable organizations have not only survived, but prospered.
In this Webinar, Josh Bouk, Chief Revenue Officer at Trax, and David Skirzenski, Chief Executive Officer at Raistone Captial, will discuss traditional supply chain financing programs and how TraxPays+ Shipper Financing offers a unique working capital solution to create an optimal relationship between shippers and carriers.
In this webinar, Laura Hay, Director of Customer Success, Joe Piazza, Solutions Architect, and Greg Tucker, VP of Global Marketing at Trax will take a deep dive into Freight Audit and Pay, demonstrating how working with a single global provider across all regions creates better visibility, cleaner data, and proactive decision making.
Trax has reached out to several partners to highlight the incredible work women have done worldwide in supply chain, show how the landscape has changed in recent years, give insights to new professionals looking to start and/or grow their careers and what benefits you can expect to see when you welcome diversity and invest in inclusivity.
In this webinar, Steve Beda, EVP- Customer Success and Advisory Services at Trax will discuss the impacts of the COVID-19 pandemic that have played havoc on supply chains ranging from inventory shortages, unpredictable consumer demand, tightened capacity for transportation services, and higher rates for all modes of transportation. The key question now is – how long with these conditions persist and what is the new normal?
In this webinar, Josh Bouk, Chief Revenue Officer will take a deep dive into Supply Chain Finance, discussing how transportation payments pose operational and strategic challenges for both shippers and carriers - just different challenges - like different sides of the same coin.
In this webinar, Scott Collen, Vice President and General Manager of Manufacturing & CPG at Trax, will discuss the evolution of analytics within the logistics industry. Scott’s extensive work experience in the field of supply chain and analytics has provided him a unique perspective on the increasingly important use of data. Participants will gain a competitive advantage by learning how to expand their current transportation analytics initiatives.
In this webinar, Chris Cassidy, a 20-year life science logistics executive, will discuss best practices that Healthcare and Life Science companies can implement in their unique supply chains.
In this webinar, Trax's Steve Beda, Jerry Peterson, and LaserShip's Josh Dinneen discuss the process for executing a multi-carrier parcel optimization strategy and explain how a leading retailer achieved success by following these steps. By optimizing your current transportation strategy and shipment needs, including carrier mix, service mix, transit times, and contractual volume and/or spend commitment, you can ensure you meet the demands and expectations of your customers.
Please join Pfizer's Andrew Grass and Trax to hear how Pfizer uses Trax Group’s Rate Manager software to improve their rate visibility, manage their carriers, and generate actionable metrics, taking the pain out of rate and contract management to deliver better control.
Join Steve Beda, our EVP of Customer Solutions and the Trax team as they discuss how volatile supply chain networks demand greater insights into rates, analytics, and best practices. Trax’s Advisory Consulting team provides these insights to #global500 companies solving their most challenging Transportation Spend Management (TSM) related issues.
Join Steve Beda, our EVP of Customer Solutions, and the Trax team as they discuss the necessary planning and assessment strategy to ensure this is the right path for you and detail the steps necessary to bridge the gap between your current state and how to meet your desired end state objectives.
Join Tony Viaes, our Senior Solutions Architect and the Trax team as they discuss the process and steps required to not only generate but also to maintain high quality quantifiable and defensible accrual reporting. This webinar will be taken from the perspective of a Freight Payment Auditor
Join Steve Beda, our EVP of Customer Solutions and the Trax team as they discuss how Trax’s new Rate Manager solution is taking the pain out of rate and contract management to deliver better control of rates.
Join Steve Beda, our EVP of Customer Solutions and the Trax team as they discuss how to better understand your parcel shipping profile and how this can turn into cost savings strategies to reduce your overall transportation spend.
Join Steve Beda, our EVP of Customer Solutions, and the Trax team as they discuss and demonstrate our advanced insights and analytics suite, TSI, including its newest additions, Advisor and Rate Manager. We have combined a portfolio of descriptive, prescriptive, predictive, and collaborative capabilities into one common product suite.
Join Steve Beda, our EVP of Customer Solutions and the Trax team as they discuss and demonstrate how with the introduction of TSI Advisor and it’s predictive modeling capabilities, users can quickly determine the impact of changes in rates, carrier mix, and service mix to further improve control and to identify opportunities for savings. Plus see how TSI Insights and TSI Variance Analysis are descriptive and prescriptive tools that allow you to know what your spend is and why it changed!
TSM℠ is a game-changing approach for managing transportation spend and extending traditional freight & parcel audit and payment. Not only is TSM able to provide enhanced visibility and visualization of transportation spending across modes, carriers, geographies or businesses but also pinpoint where and why spending is changing, with precision, so that decisive action can be taken.
Trax helped a client reduce labor costs by 60%. The information generated by our solution is an essential tool in their ongoing efforts to manage freight costs.
A top 10 global pharmaceutical company needed to reduce the complexity and expense associated with managing unique and separate small package contracts across seven distinct business units.
Trax utilized its spend visibility platform to gather a timely and unified view of shipping activity regardless of source and location. Trax was also able to capture event information from various carriers and provide package exception management visibility within 24 hours of the pickup date and gain insight into end-to-end sales order cycle time.
Trax implemented the following solution: Design a system to analyze carriers’ advance shipment notices and apply the client’s contractually negotiated rates to accurately calculate estimated freight costs.
When one of Trax’s most loyal clients – a leading international retailer – told us “we’re tired of the same old picture and want to see our data in HD,” we jumped at the chance to help bring clarity to their transportation spend processes.
A wireless provider with major inefficiencies in their new vendor compliance process called on Trax to take a closer look. We created a role-based portal that reduced manual processes, automated messages, designed new reporting functionality, and integrated contract compliance—resulting in savings across the board.
"I’ve always believed that data is one of the most critical pieces used in making decisions. The solid reporting capabilities and platform that Trax provides, has been extremely important to our business routine and used for several high profile projects."