About Logistical labs
Logistical Labs: Revolutionizing Transportation and Procurement Software
Logistical Labs is a leading transportation and procurement software company that offers innovative solutions to enhance your TMS. With their cutting-edge technology, Logistical Labs helps businesses optimize their pricing, mode selection, RFP management, and internal collaboration. Their software is designed to improve margins, grow revenue, and make better use of your sales force.
Founded in 2010 by Chris Ricciardi and Matt Fegan in Chicago, Logistical Labs has quickly become a trusted partner for businesses looking to streamline their logistics operations. The company's mission is to provide the most advanced transportation technology available on the market today.
Logistical Labs' transportation management system (TMS) provides real-time visibility into all aspects of your supply chain. This includes tracking shipments from origin to destination, managing carrier performance metrics, automating freight bill auditing and payment processes, as well as providing analytics for continuous improvement.
One of the key features of Logistical Lab's TMS is its pricing optimization tool. This tool allows businesses to analyze historical data on shipping rates across different modes (e.g., truckload vs LTL) and identify opportunities for cost savings. By leveraging this data-driven approach to pricing optimization, companies can reduce transportation costs while maintaining service levels.
Another important aspect of Logistical Lab's TMS is its mode optimization capabilities. The software analyzes shipment characteristics such as weight, volume or transit time requirements against carrier capacity constraints in order to determine the optimal mode for each shipment. This ensures that companies are using the most efficient mode possible while still meeting customer expectations.
In addition to these core features of their TMS solution, Logistical Labs also offers RFP management tools that help businesses streamline their bidding process with carriers. Their platform allows users to create custom bid templates with specific requirements such as transit times or equipment types needed for each lane being bid on.
Internal collaboration tools are another area where Logistical Labs excels. Their software allows for seamless communication between different departments within a company, such as logistics and sales teams. This ensures that everyone is on the same page when it comes to customer expectations and shipment requirements.
Logistical Labs' commitment to innovation has led them to develop a number of other products that complement their TMS solution. For example, they offer a freight rate management tool that helps businesses manage their carrier contracts and negotiate better rates. They also have an analytics platform that provides insights into key performance metrics such as on-time delivery rates or carrier utilization.
Overall, Logistical Labs is an industry leader in transportation and procurement software solutions. Their TMS platform offers unparalleled visibility into supply chain operations while also providing tools for pricing optimization, mode selection, RFP management, and internal collaboration. With Logistical Lab's technology at your fingertips, you can improve margins, grow revenue, and make better use of your sales force - all while streamlining your logistics operations for maximum efficiency.
logisticallabs.com
