Your retail supply chain revolves around delivering on-time, quality shipments to customers, stores, distribution centers, and inbound from your suppliers. Whether you need more regional carriers, better logistics collaboration with sales and marketing, or improved network optimization, a powerful Transportation Spend Management process can help you reach these goals and more.

Benefits for retail supply chain leaders

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Retail Logistics
Network Optimization
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Retail Carrier
Management
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Retail Supply Chain
Data Management
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Increased Value &
Cost Reduction
Retail Logistics Network Optimization
Build a nimble network. Working with manufacturers, suppliers, distributors, and others in your network to make on-time, quality shipments is a challenge. Trax’s Transportation Spend Management Maturity Model helps you optimize your retail logistics network, eliminating waste, increasing your distribution capabilities, and ensuring timely delivery so you can become a leader in the market.
Retail Carrier Management
Collaboratively manage carrier performance. Trax helps you uncover critical KPIs to make business-intelligent decisions when choosing carriers that meet your performance, time restraints, and budgetary needs, while offering excellent service to your customers. No longer struggle during peak seasons or market fluctuations and scramble to overcome carrier capacity constraints.
Retail Supply Chain Data Management
Leverage the data at your fingertips. Automate and optimize your retail supply chain with Trax’s data management offerings. We help you create a fountain of quality data to fit your metrics so you can dive into analytics reports and forecasts. Gain insights into market trends and marketing opportunities, circumvent issues before they arise, and transform your entire retail supply chain.
Increased Value & Cost Reduction
Drive cost reductions. Trax’s freight audit, data management, claims management, and other services help automate and simplify your supply chain management so you can make informed decisions to reduce costs while delivering value to your customers.
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Selected as an Inbound Logistics Top 100 Logistics IT Provider for 2020, a Supply & Demand Chain Executive Pros to Know company, and Hot Company by Parcel Magazine.

Solutions for the retail industry

Freight Data Management
Financial Management
Carrier Management
Transportation Optimization Programs
Tier 1

Freight Data Management

Confidently manage international transportation including freight audit, rate management, carrier payment, and data and policy compliance with operational and data quality controls for your network.

Freight Audit
Rate Manager
Match Manager
Data Compliance Manager
TraxPays
Freight Audit

Freight Audit

Trax audits to contract, validates for compliance, and processes your freight bills for payment for all global modes of transportation. Utilize freight audit as the stepping stone to maturing through Transportation Spend Management and obtaining a fully optimized global supply chain.

  • Increase your ecommerce capacity, without compromising cash flow with incorrect payments or late fees.
  • Ensure invoices comply with your contractual rate agreements, regardless of geography, currency, carrier, or mode.
  • Improve your ability to plan ahead so you can adapt quickly to market changes and bolster your supply chain’s resiliency.
Rate Manager

Rate Manager

Optimize your rate and spot quote management across different modes and geographies, and capitalize on advanced, real-time visibility into available and expiring rates. Our easy-to-use platform allows for side-by-side comparisons of rate submissions and approvals, so you can easily see which rates and details meet your requirements.

  • Easily identify the best contractual and spot quote rates while still delivering to your customers on time.
  • Follow a global audit trail for rate submissions and approvals, and rest assured that rate data complies with your requirements.
  • Ensure you get the best prices, especially during holiday and peak seasons when orders and shipments increase.
Match Manager

Match Manager

Deliver consistent value to clients. Our Match Manager provides end-to-end insight into the performance of your supply chain and controls your transportation costs. It enables matching invoices to other data sets for audits, allocation, risk management, and reporting.

  • Maximize visibility and control over spend on retail product- and item-level purchase tracking, without manual input.
  • Drive cost reduction throughout your supply chain management to increase your opportunities for network optimization.
  • Establish a reliable, fully closed loop, from shipment generation to invoice receipt to booking.
Data Compliance Manager

Data Compliance Manager

Collect, clean, and standardize diverse datasets from various systems into one central platform, automating processes and reducing the risk of human error.

  • Check for policy compliance, such as regional regulations or government tariffs on ecommerce shipments.
  • Build a reliable logistics dataset to strengthen collaboration and visibility with sales and marketing teams.
  • Leverage your data to create analytics and gain insights into retail supply chain management trends.
TraxPays

TraxPays

Pay thousands of invoices seamlessly and effortlessly. Avoid manually paying and tracking hundreds of vendors through thousands of transactions, all while maintaining complete carrier-level payment data.

  • Let experts handle various currencies, geographic tariffs, and constraints that occur in the retail sector.
  • Hold onto cash longer and avoid late fees, effortlessly increasing your cash flow.
  • Leave identity and financial theft worries behind; our platform is legally and technically secure.
Tier 2

Financial Management

Financial Management was built to help your organization create greater returns and profitability. You'll get visibility into higher quality data, enabling you to be more confident and efficient in financial management. Avoid surprises and accurately budget, allocate, and accrue for logistics expenses. The end result is cost savings, transparency, efficiency, and risk management.

Accrual Manager
Claims Manager
Budget Manager
Accrual Manager

Accrual Manager

Achieve full control over transactions from the time of shipment. Access reports for real-time visibility into match rates and accrued versus actual variances, giving you accurate insights into your financial commitments before invoices arrive.

  • Centralize your data for accrual estimates and rates, as well as historical accruals (including accessorials), for more detailed accrual reporting so you can optimize efficiencies, simplify processes, and move products to customers faster.
  • Eliminate incomplete estimates or inconsistencies and avoid locking up funds that could be used to improve customer service.
Claims Manager

Claims Manager

Let Trax manually file claims, investigate incidents, and resolve issues on your behalf so you can focus your internal resources elsewhere.

  • Account for variances in submission, follow-through, and claims recovery, a large task in the global retail sector.
  • Reduce losses from carrier issues and quickly refund customers for damages, protecting your brand and customer loyalty.
  • Optimize your claims process and increase your opportunities to ship to new markets or through new carriers.
Budget Manager

Budget Manager

Compare your supply chain spend performance to your annual, operational, and business budgets in real time.

  • Track cost deviations, reduce holding inventory expenses, and ensure cost-effective distribution.
  • Manage your budget in real time to make quick decisions impacting the timeliness and cost-effectiveness of your retail shipments.
  • Find cost reduction opportunities so you can plan for ecommerce growth and new market entry.
Tier 2

Carrier Management

The power of Carrier Management services lies in the ability to go beyond recovery. This service works collaboratively with shippers and carriers to identify the root cause and install corrective actions to improve future performance. This means that you, as the shipper, quarter over quarter and year over year, realize cumulative gains in performance, data quality, and financial acuity.

Carrier Management Services
RFx Manager
Performance Manager
Carrier Management Services

Carrier Management Services

Create a profitable—and symbiotic—relationship with your carriers. Revel in better carrier performance, higher value delivered to your customers, and reductions in risk and cost.

  • Boost visibility into your carriers and ensure customers receive on-time, high-quality deliveries.
  • Simplify and eliminate carrier billing and performance issues by identifying and addressing the root causes.
  • Analyze data to be fully prepared for shipping during hectic holiday seasons or unprecedented times.
RFx Manager

RFx Manager

Conduct smart bid management. Issue RFPs on bids for new rates, evaluate responses on bids, analyze what-if model responses, and accept bids on rates across diverging rate dimensions, carriers, and locations.

  • Issue RFPs customized to freight needs, such as holiday season shipping capacity, or store or distribution center pickups.
  • Centralize bids in a simple-to-use platform for contractual rates or spot quotes, both globally and locally.
  • Glean insights into cost reduction, quality, and other factors to determine the best carriers for your retail supply chain.
Performance Manager

Performance Manager

Attain unparalleled visibility into carrier performance through data-driven analytics. This centralized information hub helps you make the best decisions related to carriers, based on your needs.

  • Customize carrier scorecards to evaluate critical KPIs, including capacity, accessorial charges, on-time deliveries, and more.
  • Monitor and maintain quality during shipping, minimize shipment damages and losses, and streamline your ecommerce logistical network.
Tier 3

Transportation Optimization Programs

Enjoy access to our team of seasoned Transportation Spend Management experts who can help you optimize your supply chain management performance and dominate the market.

  • Gain the benefit of our experience, as we’ve worked with many Fortune 100 retail companies.
  • Receive guidance through challenges, such as shipping capacity, network optimization, automation integration, and more.
  • Discover how to turn challenges into advantages over the competition.

Some of our customers

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Trax helped us identify and
resolve
our transportation risk

"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."

Related resources to keep you informed

A Retail Transportation Forecasting Guide: Challenges, Best Practices, and How to Optimize

The importance of transportation forecasting, and its shortcomings, were highlighted in 2020. In a pandemic-ravaged year, the world witnessed an...

6 Ways to Optimize Your Multi-Carrier Parcel Strategy

Multi-carrier parcel shipping is a staple of the 21st-century e-commerce landscape. As businesses grow and aim to serve more customers scattered...

Post-COVID: Retail Consumer Expectations in Transportation Spend Management

In 2020, the retail industry ran into two challenges that became game-changers: a surge in direct-to-consumer shipping volumes and more rapidly...

See how we can help you achieve global spend management maturity. Contact us today!