C.H. Robinson Worldwide, Inc. · NASDAQ:CHRW
C.H. Robinson Worldwide — Procure IQ webinar: Truckload Savings and Reliability (October 2020)
20 slides from C.H. Robinson Worldwide's conference presentation, October 2020
Slide 1: Truckload Savings and Reliability: Leverage Data Science to Transform Your RFP Process
Truckload Savings and Reliability: Leverage Data Science to Transform Your RFP Process October 2020
Slide 2: Panelists
Panelists MODERATOR DEMO Matt Montour Adam Driscoll Tim Gagnon Andrea Serra Chase Baggett Senior Director Strategic Account Vice President, Data Director, Lead Data Scientist of Logistics Manager Science & Analytics Customer Analytics C.H. Robinson IPC C.H. Robinson C.H. Robinson C.H. Robinson ©2020
Slide 3: With the ever-changing market, how do we adapt our RFP process?
With the ever-changing market, how do we adapt our RFP process?
Slide 4: What we hear from our customers on why procuring freight is challenging
What we hear from our customers on why procuring freight is challenging High effort, unknown Uncertainty: One size fits all Difficult to benefit: RFP process How real is the rate approach: Hard to forecast: Markets can be a lot of time and/or will it lead to know if all lanes should are always chang
Slide 5: Today we will discuss: A case study in action
Today we will discuss: A case study in action 01 The Challenge 02 The Solution 03 What’s Next ©2020 C.H. Robinson Worldwide, Inc. All Rights Reserved.
Slide 6: Slide 6
Slide 7: Case study in action: Challenges
Case study in action: Challenges • The market is volatile and has caused disruption • Operating lean and as efficiently as possible, with a small team • Performing an annual bid can be time consuming—looking for advanced technology to improve the process • A lot of shipments are time sensitive
Slide 8: Factors that can impact your truckload procurement strategies
Factors that can impact your truckload procurement strategies
Slide 9: Market cycle: Tight markets correlate to underperformance
Market cycle: Tight markets correlate to underperformance DAT Metric Variance From January Baseline (Per Business Day) Percent Variance 2020 ©2020 C.H. Robinson Worldwide, Inc. All Rights Reserved.
Slide 10: Today we will discuss: A case study in action
Today we will discuss: A case study in action 01 The Challenge 02 The Solution 03 What’s Next ©2020 C.H. Robinson Worldwide, Inc. All Rights Reserved.
Slide 11: Case study in action: The solution
Case study in action: The solution • IPC and C.H. Robinson are using technology and data science to identify optimal, agile procurement strategies as IPC enters their RFP
Slide 12: Procure IQ is the latest innovative technology tool
Procure IQ is the latest innovative technology tool from
Slide 13: With Procure IQ, you can take advantage of the best procurement strategy for each lane
With Procure IQ, you can take advantage of the best procurement strategy for each of your lanes to increase savings and reliability.
Slide 14: Today we will discuss: A case study in action
Today we will discuss: A case study in action 01 The Challenge 02 The Solution 03 What’s Next ©2020 C.H. Robinson Worldwide, Inc. All Rights Reserved.
Slide 15: Case study in action: What's next
Case study in action: What’s next • Procure IQ is providing IPC an information advantage to navigate the market with their portfolio of suppliers. • Opportunity to think differently by aligning networks to build density together and strategically procure capacity. • Collaboration to drive continuous
Slide 16: 3 key takeaways
3 key takeaways 1 2 3 Collaboration paired with the Ensure you have the right Take an agile approach and latest technology and data procurement strategy in review your shipping data science enables you to think place for your lanes, based and procurement strategies differently and transform on how t
Slide 17: Want to learn more about Procure IQ?
Want to learn more about Procure IQ? • Visit www.chrobinson.com/ProcureIQ • Reach out to your C.H. Robinson contact to get a custom analysis • New to C.H. Robinson? Contact ProcureIQ@chrobinson.com ©2020 C.H. Robinson Worldwide, Inc. All Rights Reserved.
Slide 18: Our commitment to customers
Our commitment to customers Technology built Information Global suite of People you can by and for supply advantage driving services rely on chain experts smarter solutions Work with a provider that can Tailored, market-leading solutions Drive better outcomes for your reliably meet all of your logis
Slide 19: Questions
Questia I aes @ro000008 megs srGergtion (CH. Robinson acespts to iabiliyo esponsiiy fr the information published herein, wwaighrabinson.com © 2020 C.H. Robinson Worldwide nc. AURA Reser 0008 ° . # soo. eee ©
Slide 20: Thank You
Thank You Reach out to your C.H. Robinson contact to get a custom analysis