@traxtech.com
Trax Technologies optimizes global supply chain logistics through freight audit & transportation spend management.
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Description
Trax Technologies is a leading brand in the transportation spend management industry. They offer a comprehensive range of products and services aimed at optimizing supply chain efficiency and reducing costs. At the core of their offerings is their robust Transportation Spend Management (TSM) system, which allows businesses to analyze, optimize, and enhance the financial and operational performance of their logistics.
With Trax's TSM system, companies can gain greater visibility into their transportation spend, leading to a 15% reduction in supply chain costs, 50% less inventory holdings, and faster cash-to-cash cycles. The system incorporates freight audit and payment, freight spend analysis, and business intelligence to deliver insights and process efficiency. Trax also offers specific solutions tailored to different industries, such as Consumer Packaged Goods, Life Sciences, Manufacturing, and Retail.
They provide services like carrier management, data compliance, and freight audits to help businesses streamline processes, reduce costs, and meet customer expectations. With Trax's expertise and their Transportation Spend Management Maturity Model, businesses can optimize their supply chains, increase visibility and control, and open up new business opportunities
Company Type
Privately Held
Company Size
501-1000
Year Founded
1993
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