In this white paper, we will explore how GlobalTranz leveraged its inherent technology skills along with technology partnerships including Microsoft and West Monroe, a national business and technology consulting firm, to effectively insert a user interface (UI) facilitating human oversight of machine generated predictive pricing through a creative and resource- efficient use of both high and low-code approaches.
GlobalTranz has been leveraging a Cost Prediction Model (CPM), which uses a dynamic pricing API to deliver real-time rates on Truckload shipments from any origin to any destination across North America, for a number of years. The CPM predicts lane-level costs based on a wide variety of factors including historical costs and current market conditions. A key component of GlobalTranz’s digital freight matching capabilities, the CPM ensures that the company maximizes supply chain efficiency for customers by securing freight at the optimal price with optimal service.
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