FreightWise

FreightWise is a transportation management solution that aims to optimize supply chains, reduce transportation costs, and streamline operations for businesses. It is specifically designed for companies that annually ship less than $100 million in freight. According to the vendor, professionals such as logistics managers, supply chain managers, operations managers, transportation managers, and manufacturing companies can benefit from the comprehensive features offered by FreightWise.

Key Features

Cost Management: According to the vendor, FreightWise's managed services can assist businesses in creating and executing a supply chain plan, including carrier recommendations and rate procurement. It aims to optimize commodity profiles, carrier selection, and processes, while also handling invoice payments and audits.

FreightWise TMS: The vendor claims that this feature integrates order-to-ship-to-pay processes, automates carrier selection and other tasks, provides a single dashboard to track costs, carriers, and shipments, and enhances the customer experience with automated communication tools.

Managed Transportation Services: According to the vendor, FreightWise's Cost Management can help businesses save up to 20-30% on costs by optimizing their supply chain and negotiating better rates. It aims to implement and configure a modern TMS with rates, contracts, and system integrations, and also manage, pay, and audit 100% of freight invoices for additional cost savings.

Supply Chain Planning: According to the vendor, FreightWise can aid businesses in saving up to 20-30% on freight by securing deeply discounted rates through strategic supply chain planning. The vendor states that transportation experts review existing shipping practices, standardize rates, find consolidation opportunities, and match shipping needs with appropriate carriers. The FreightWise TMS incorporates optimized supply chain information and tariffs for automated least-cost carrier selection.

Transportation Management System (TMS): The vendor claims that this feature allows businesses to manage the entire order-to-ship-to-pay process in a single system. It aims to automate mode, carrier, route, and insurance based on business rules and tariffs, integrate with various systems, and provide a centralized view of all order-related documents. The vendor states that granular reports on user-friendly dashboards enable proactive management, and automated shipment notifications can improve the customer experience.