Often, data science is misunderstood as a specialized application of various tools and technology. But as Martin Ryan, vice president of pricing at XPO, emphasized in a recent SMC3 session, the real power of data science lies in knowing how to ask the right questions.

Sometimes, technology alone can be the fast fix for improving business outcomes. More often, the difference maker is technology delivered and backed by a true business partner, a partner who supports business functions and is invested to ensure their solutions perform and directly contribute to improving LTL transportation management. This is especially true in LTL, where digitized execution, visibility and optimized efficiency are key to customer service.

LTL application program interfaces (APIs) are invaluable tools when it comes to improving 3PL operations. They heighten visibility, eliminate manual processes, and enable businesses to take a streamlined approach to shipping management.

Illinois Tool Works (ITW) sought to improve margins through optimized transportation spend. With BatchMark® XL from SMC3, they streamlined pricing analysis, leading to significant cost savings and improved carrier relationships. Enriqueta Polonus, Senior Business Analyst at ITW, credits the tool for enhancing data integrity and enabling smoother analysis processes. BatchMark XL is pivotal in ITW’s journey towards efficient and informed transportation decisions, impacting their bottom line positively.

Learn more about the insights and best practices discussed at Connections 2024, where collaborative supply chain intelligence meets actionable insights and solutions.

Technology plays a central role in the Less-than-truckload (LTL) industry. While the trucking industry as a whole has been slower to adopt new technology, it’s apparent today that technology solutions are where to turn to optimize freight spend, achieve shipment visibility and streamline transportation planning.