Transwide: The Next-Generation SaaS-based TMS solution
Fabrice Maquignon, CEO The transportation logistics industry is a battlefield. With several players competing to bring down the complexities associated with product and service delivery, modern logistics organizations have to make sure they are partnering with carriers who can provide reliable and quality service. They must also ensure the timely delivery of materials and products, while constantly seeking to reduce transportation expenditure and operational inefficiencies.
At the heart of this logistics battle is Transwide.
The firm helps users to communicate and share information in real-time to optimize their business. “Our TMS platform enables its users to source, plan, execute, settle, and analyze their transportation processes to gain visibility of the data and information,” says Fabrice Maquignon, CEO, Transwide.
Currently, the firm helps clients cut down their operational cost and streamline their processes within a short space of time.
The best-in-class transport management system ensures near elimination of the manual processing of shipments by installing fully cloud-based solutions for all transport management needs. Transwide adopts cloud technology for intelligent transport logistics. It creates a connected transport community to gain end-to-end visibility and also helps in reducing transactional costs.
The firm has built an extensive network by combining the transportation providers for the whole Alpega group.
Our TMS platform enables its users to source, plan, execute, settle, and analyze their transportation processes to gain visibility of the data and information
It now connects more than 60,000 shippers and carriers through a range of software-as-a-service solutions on the platform. With such an effective communication mechanism, customers dealing in all modes of transports can form new associations and build relationships with one another.
Transwide comes with many features designed to optimize shipping logistics. It provides a “plan and execute” solution to track the status of a shipment saving the customer time and giving them full visibility of the order.
Further, Transwide assists in optimizing contract and invoice management by accelerating the speed at which companies invoice their customers. Information is transferred within minutes from the exact delivery meaning users can invoice much faster and bring additional working capital into the company. On average, 80% of manual transportation processing is eliminated by using the Transwide solution. This, in turn, simplifies the additional cost “claim and audit” process.
Transwide is driving an innovative roadmap. Whenever the firm gets feedback from its community, information is fed back into the system and often leads to new features or capabilities. And when a customer requests a specific feature, Transwide will look to ensuring suggestions are implemented either as new modules or revisions to existing modules that will benefit the entire community. The firm’s logistics and IT experts continuously listen to customers and consider their requests to ensure the platform keeps evolving.
To further enhance their offerings, the firm is working on predictive analytics, and as an initial step in this direction, a team of data scientists has been looking at data in the company’s platform. With a large number of customers and service providers connected to Transwide, the company has a lot of data to work with, and the team are committed to bringing new insights to the transportation space.
Finally, Transwide is developing a new mobile app for their platform to facilitate multi-modal support for customers. “We have connected our platform to a much greater network of transportation providers and also will be further integrating it with partner procurement solutions,” concludes Maquignon.
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