Transite Technology Cuts Shipping Costs for Olympia Chimney Supply
“Self-Funded” Solution Also Brings Automation and Management Visibility to Shipping Logistics Processes
RALEIGH, N.C.--(BUSINESS WIRE)--Transite Technology, a leading provider of supply chain transportation and logistics management software and services, has worked with Olympia Chimney Supply to cut shipping costs and bring automation and management visibility to the company’s shipping logistics processes. Olympia is one of the nation’s leading suppliers of chimney liners and components.
“Transite’s solution, My Freight Portal, pays for itself through cost savings,” said Scott Brickel, CFO for Olympia. The cost of Olympia’s tens of thousands of yearly shipments runs in the millions. With about 30 percent of the company’s orders qualifying for “free freight,” shipping is the third highest cost for Olympia after materials and salaries.
Brickel recognized that company profitability was at risk in the face of rapidly rising and unpredictable shipping costs. He saw that Olympia could not confidently identify the “least cost” shipping method and there was little use of technology-- hand-pricing shipping using estimates of carriers to known destinations and tabulating costs from published ratings charts. This manual process was time consuming and highly imprecise.
Transite and Olympia worked together to save millions in shipping costs and automate parts of the shipping process. Today, Transite’s My Freight Portal delivers guaranteed least-cost choices for all shipments, ensures carrier compliance, electronically manages carrier freight bills, and most importantly, measures savings on every shipment—all through a highly-automated, quickly implanted, and easy-to-use solution.
“Our goal is to be unequaled in being able to deliver true cost savings combined with rapid and sustainable business process improvements,” said Geoff Comrie, CEO of Transite. “We work with our customers to understand their business environment and challenges, and then visibly increase their profits and improve their business operations.”
A case study documenting the challenges, solutions and results may be downloaded by clicking here.
About Transite Technology
Founded in 2002, Transite products and services enable companies like Samsonite, Pergo, and GE to streamline processes and reduce the cost of shipping outbound, inbound, and third-party freight. Led by Transite’s flagship shipping solution, My Freight Portal, the company’s products and managed services ensure the least-cost mode and carrier for every order while increasing management and customer service by providing visibility of the entire lifecycle of the shipping process. www.transite.com
