POWERTRACK SPONSORS ABERDEEN TRANSPORTATION SPEND MANAGEMENT REPORT
MINNEAPOLIS (Feb. 11, 2008) – PowerTrack, the world’s largest freight payment service from U.S. Bank, has just sponsored the Aberdeen Group's latest research report on transportation spend management.
A traditional approach to reducing logistics costs has been to develop best practices in tactical planning and execution functions such as improved load building and routing guide compliance. While individual efforts can often reduce operating costs, companies are growing more and more aware of the impact of inefficient internal processes for transportation procurement and payment. As a result, companies are beginning to focus on improving and automating functions across the supply chain, including bid analysis, contract awarding, and freight audit and payment.
"PowerTrack is pleased to sponsor such innovative research for the benefit of our clients," said Richard G. Langer, general manager for PowerTrack. "Efficient supply chain design and practices are at the heart of PowerTrack's automated payment tools, and it is thrilling to receive validation that our customers are among the best-performing companies in supply chain practices."
To receive your free copy of the Aberdeen report, click here.