Trax Cost-Allocation Process Automation Helps Global ... · true boOom-line results for your...

TransportationSpendAllocation

ConsumerGoodsCaseStudy

www.traxtech.com

TheClient&theChallenge:Aglobalathle;cretailerrevieweditscostalloca;onprocess,lookingtoenhanceaccuracy,reducelaborcostsandprovidetheinforma;onneededtomonitorfreightspend.Theclient’sinternalteamagreedthatproperlyassigningcostsandeffec;velymonitoringspendingwouldrequireacomplexcost-alloca;onstructurebasedonmul;pleproductlines,divisions,groupsanddepartments.Traxsuggestedthefollowingsteps:

§ Mapanddocumentthecurrentprocess

§ Identifylabor-reducingautomationopportunities

§ Designamethodologythatcouldassigncostswithgreaterprecision,guaranteeaccuracyandprovidenecessarycontrols

TheTraxSolution:§ Iden;fiedenhancementsrequiredtoensureanewautomated

processthatcorrectlyassignedcost-alloca;oncodestomillionsofshipmentswithanexcep;on/errorrateoflessthan2%.

§ Builtadynamic,customized,rules-based,table-drivencodingenginedesignedtoaccommodateeventhemostcomplexupdatesquicklyandeasily.

§ Allowedtheclienttoquicklyandeasilyupdatebusinessrulesthroughasecureportal;athoroughannualreviewenabledcon;nualprocessop;miza;on.

TheResults:Traxwasabletoquicklydeliveranewautomatedprocessthat:

§ Easilyhandleshighshipmentvolumesfrommultiplemodesandcarriers.

§ Guaranteesgreaterthan98%accuracyinautomatedcostallocation.

§ Automaticallyassignscorrectcodesattheshipmentlevel.

§ Ensuresthatvendorsarepaidon-timeandinaccordancewithcontractedterms.

DiscoverWhatTraxCanDoforYouTraxistheleaderinTransporta;onSpendManagement.Wehelpourcustomersgainvisibilityandcontroltransporta;onspendingacrossalltransporta;onmodes.See.Save.Control.TolearnhowTraxcanunlocktrueboOom-lineresultsforyourorganiza;on,contactusat1.800.755.0110orsales@traxtech.com

TraxCost-AllocationProcessAutomationHelpsGlobalAthleticRetailerDiscoverSavingsProvidesClarity,EfficienciesforInternationalRetailer

CS-TSA.2-10.18