Nucleus – Product Newsletter – Edition 5
Logistics costs in India, as we all know, are extremely high accounting for 14 percent of the GDP.* One of the reasons contributing to higher logistics costs is diversions which result in increased delivery timelines, reduced vehicle availability, additional freight payments to LSPs and significant loss of sale.
*Niti Aayog, RMI & RMI India’s Report titled ‘Fast Tracking Freight In India’
PRODUCT IN FOCUS: Diversions
A first-of-its-kind product that helps you:
- Identify potential divergence to reduce delays and costs
- Keep a tab of top consignees/warehouses contributing to diversions
- Create avenues for freight reduction for untraveled kms,
- Can easily be incorporated into your sales and operations planning
Impact:
3 – 3.5% Reduction in Annual Freight Cost
Diversion visibility for freight rationalization
✔︎ Get location visibility of all consignees and diverted route instantly
✔︎ Get an action plan and manage exceptions like a pro with our smart algorithm
✔︎ Analyze diversion patterns by forward & backward unloading, consignees
Smart logistics to predict unplanned stoppages & unloading of goods
✔︎ With up-to-date data, platform capabilities and geo-coding we identify unplanned loadings and stoppages before your trip starts
✔︎ Get up-to-date information about LSPs and consignees causing maximum diversions to better plan your journey
✔︎ Our global ‘point of interest’ data gathers locations of dhabas, tolls, petrol pumps on the way to reduce instances of unnecessary intervention
Case study: How Freight Tiger helped one of India’s leading cement manufacturers solve diversion problems & improve customer SLAs
Explore how Freight Tiger’s platform allowed the team to identify diversion and exceptions in any trip. The platform provided end-to-end visibility into multiple data points generated at each stage of the trip to help in the optimization of decisions for cost reduction. Download the case study!
Get in touch with us to see a demo of Freight Tiger platform.