- Freightos (CRGO, Financial) launches Enterprise Suite, an end-to-end global freight procurement platform.
- Early adopters report a 20% reduction in freight spend and an 80% decrease in email communication.
- The platform unifies procurement, rate benchmarking, and shipment execution to address industry challenges.
Freightos (CRGO), a leading digital freight booking and payment platform, has announced the launch of Freightos Enterprise, a cutting-edge logistics procurement suite designed for large importers and exporters. This platform aims to unify the fragmented landscape of global freight procurement, rate benchmarking, and shipment execution.
The Freightos Enterprise Suites integrates three essential modules:
- Procure: Automates RFQs and manages tenders, significantly reducing procurement time by 90%.
- Rate, Book & Manage: Offers digital connectivity to hundreds of carriers for seamless rate comparison and tracking.
- Terminal: Provides real-time market intelligence with enhanced contract benchmarking capabilities.
Customers have experienced substantial benefits, including a 20% reduction in freight spend through data-driven negotiations and an 80% decrease in email communications concerning quoting and booking. The platform addresses current logistics industry challenges such as trade uncertainties, canal closures, and volatile shipping rates.
The CEO of Freightos, Zvi Schreiber, emphasized that the platform provides digital access connecting multinational businesses with service providers, thus streamlining the logistics process. Electrolux's VP of Group Logistics Operations, Paolo Galli, highlighted the platform's ability to transform logistics teams from chasing information to focusing on strategic operations.
Freightos Enterprise is now available with flexible implementation options for companies seeking to enhance their logistics operations amid increasing global supply chain complexities.
