The client is a B2B chemical manufacturing and distribution company headquartered in the United States. The client has more than 100K+ active Customer addresses in its database. Tredence was involved with the client in reducing overall Cost of Transportation, by improving Load Consolidation and their current Multi-stop (routing) solution. During the discovery couple of the gaps that Tredence identified were:
The major challenge was to build a solution that will be able to validate/enrich addresses to create optimal routes and bring down the cost. The solution was also required to work across all the multiple markets that the client was present.
The solution was broken down into two parts
Tredence’s Sancus enabled address validation/enrichment and Route Optimization solution was built using the enhanced customer address data. Following additional approach was followed for ensuring high quality address data for effective consolidation and routing –
The solution helped reduce transportation costs & improve the On-time Delivery adherence metrics. It helped with reduced errors in routing leading to an additional 1% Transport cost savings (~700-800K savings for US market only).