Home » Enabled an Asset-lite Trucking Company with a Cloud-based Advanced Analytics Solution that Boosted Order Conversion and their TMS Capabilities
Enabled an Asset-lite Trucking Company with a Cloud-based Advanced Analytics Solution that Boosted Order Conversion and their TMS Capabilities
About the client
Leading Wholesale Logistics Firm
Challenges
Creating a unified advanced analytics platform that empowers agents with intelligent carrier search and an all-encompassing booking dashboard.
Harness internal, historical, and external data sources like DAT and Truckstop, presents several potential challenges.
Integrating diverse data sources and ensuring data quality, addressing scalability concerns.
Developing and maintaining a robust machine learning model for carrier matching and rate prescription.
Safeguarding data security and compliance, training users effectively, and fostering user adoption.
Maximizing profitability and facilitating data-driven execution.
Approach
Started by conducting a comprehensive data assessment and cleansing process to ensure data integrity.
Implement data integration and ETL (Extract, Transform, Load) processes to harmonize diverse data sources.
Concerns on scalability were addressed by designing the platform for modular and cloud-native architecture.
Developing and maintaining the ML model involving a dedicated data science team.
Monitoring data security and compliance through strict access controls, encryption, and ongoing audits.
Optimize cloud infrastructure using best practices and cost-effective services.
Effective user training and change management strategies to drive seamless adoption.
Continuous iterations for regularly refining the platform to meet evolving business needs and data-driven execution goals.
Solution
Advanced analytics platform to provide agents with intelligent carrier searching capability and a comprehensive booking dashboard, leveraging internal, historical, and 3rd Party data (DAT, Truckstop) on AWS.
ML-based scoring model to rank and prioritize carrier matches and prescribe booking rates to maximize profitability and efficient data-driven execution.
Impact Delivered
1.7x
Increased order conversion
42%
Reduction in execution time
Tech Stack
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