Meridian IQ gives manufacturer the tools to cut costs.

Client description

• Global manufacturer of metal-cutting tools $1.8 billion in annual sales, with customers nationwide.

• Business need

• Escalating transportation costs due to inconsistent carrier selection and compliance with core carrier programs

• Lack of process-driven tools to centrally manage transportation

Solution

Meridian IQ provides complete outsourcing of transportation management that includes:

• Development and management of carrier relationships

• Shipment planning and execution through PowerTMS

• Visibility, shipment tracking, data capture, reporting

• Audit and payment/carrier invoicing

• The entire solution is integrated with the client's proprietary ERP

Result

• Immediate reduction in overall logistics costs through shipment consolidation and increased visibility to core carrier programs

• Overall transportation cost reduced by approximately 10-15%

• Increased control of inbound raw materials and tremendous reduction in inventory on hand

• Enhanced customer service

• Immediate ROI