In one of the most fiercely competitive industries in the world, your consumer packaged goods (CPG) supply chain management must be cost-efficient, swift, and ready to deliver award-worthy customer value. A powerful Transportation Spend Management strategy helps you thrive in these challenges and widen the gap between you and the competition.

Benefits for CPG supply chain leaders

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Unparalleled
Visibility
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Total
Optimization
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Complete
Compliance
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Radical Cost
Reductions
Unparalleled Visibility
Obtain complete visibility into every aspect of your consumer packaged goods supply chain. Trax increases your control over shipping and operational costs, ensures your transportation spend aligns with your planned budget, and highlights opportunities for growth and profit.
Total Optimization
Leave the competition behind. Trax’s Transportation Spend Management Maturity Model optimizes your processes to eliminate errors, drive cost reductions, ensure timely deliveries, and streamline your logistical network. Relish excellent customer satisfaction and lead the marketplace.
Complete Compliance
Ensure total policy, data, and shipping compliance. Trax experts can help you through the various regional and local regulations involved in global shipping so your packaged goods arrive to customers on-time and in good condition. CPG Transportation Spend Management delivers the historical and real-time data you need for consistent and complete shipping compliance.
Radical Cost Reductions
Optimize processes for increased cost reductions. Trax offers high-end data management and analytics to optimize your CPG supply chain processes so you can free up resources, eliminate errors, and boost value to 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 consumer packaged goods 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, validate for compliance, and process 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.

  • Ensure your shipping invoices consistently match your contractual rates, eliminating lost time and funds.
  • Ship to any global location, with the right carrier, using any currency or technology to best serve your customers. 
  • Set up routing rules, approval parameters, and other customizations that meet your existing tools and industry requirements.
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.

  • Use real-time data to lock in cost-effective contract or spot quote rates so you can continue offering competitively priced products to your customers.
  • Ensure rate compliance, and uncover compliance variance to maintain your competitive pricing.
  • Make quick, and cost-effective, rate selections during hectic holiday and peak seasons.
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.

  • Attain greater visibility into product-level costing, more efficient management of product level procurement trends, attribute audits, and much more. 
  • Align your freight and supplier data to achieve competitive pricing formulas.
  • Deliver high value to your customers through data-driven decision making.
Data Compliance Manager

Data Compliance Manager

Collect, clean, and standardize diverse datasets from various systems into one central platform, reducing manual processes and mitigating risks of human error.

  • Check for policy compliance, such as time or temperature shipping conditions, government tariffs, or local or regional regulations.
  • Access details analytics reports that allow you to detect gaps, market trends, and windows of opportunity within your CPG supply chain.
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 visibility.

  • Increase your cash flow and eliminate late fees while strengthening relationships with carriers.
  • Let experts handle the various currencies, country- or region-specific restraints and conditions, and more,
  • Decrease the time and internal resources, needed to manually conduct thousands of incoming invoices.
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.

  • Eliminate shipping estimate errors to negate freezing funds that could be used to drive customer value.
  • Accrue more accurately and efficiently so your shipments arrive to customers faster.
  • Forecast and plan more accurately so you have the ability to capitalize on sudden market trends or shifts.
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.

  • Expedite and optimize your claims management process to maintain the integrity of your cash flow.
  • Mitigate financial losses, and increase your ability to quickly refund customers and boost customer satisfaction.
  • Eliminate manually filing claims, free up resources, and use the cost reductions to go after new business opportunities.
Budget Manager

Budget Manager

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

  • Manage your budget in real time to easily make quick decisions that capitalize on market trends.
  • Accurately forecast and plan financial aspects that align with your CPG supply chain goals and budget.
  • Identify areas for cost reductions and boost your opportunities to dominate the market.
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.

  • Increase visibility over your supply chain to ensure smooth deliveries to any market throughout the globe.
  • Enhance carrier quality data and track carrier performance to ensure you and customers get the best value.
  • Mitigate risk and cut costs by choosing the right carrier that can meet your capacity, timing, quality, and other requirements.
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.

  • Centralize bids in one place to make snap decisions and take advantage of sudden opportunities.
  • Issue RFPs customized to freight needs, such as capacity, delivery times, shipping conditions, and more.
  • Identify cost-effective, quality carriers so your product prices and delivery value remain competitive.
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 track the metrics that matter to you most, such as capacity, delay times, surcharges, and multi-modal handling.
  • Consistently deliver value to your customers by choosing the right carrier for each job.
  • Cut costs with data to make business-savvy decisions rather than assumptions.
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 a plethora of leading CPG companies.
  • Receive guidance through challenges like tariffs, shipping to sanctioned countries, multiple government agency audits, and more.
  • Learn 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

5 Reasons Manufacturing & CPG Supply Chain Leaders Choose to Outsource

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The Three C’s of Transporting Consumer Packaged Goods: COVID, Change, and Costs

Consumer packaged goods (CPG) supply chains are highly susceptible to disruptions that often lead to increased expenses. These supply chains have...

How to Get the Best Carrier Contract Rates for Manufacturing and CPG Supply Chains

Choosing the right carrier for your shipments can be a complex process for consumer packaged goods (CPG) and manufacturing companies, given some of...

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