Power profit with parcel spend management
There are multiple decision points that can hurt your margin in parcel shipping: wrong carrier, service-level, lane, packaging, etc. Decode and decipher parcel data so you can get the best service at the right cost.
Get control of your parcel spend
Loop’s data helps shippers understand their costs through multiple dimensions across their network. So your transportation and finance teams can improve their decision quality
Improve supply chain and spend visibility
Track, analyze, and search all parcel data down to an invoice line-item level.
Run granular cost analysis
Understand your cost per product, cost per unit, and cost-to-serve across your customers.
Stop overpaying carrier invoices
Automate audits to identify all billing and tracking issues so you never overpay.
Execute intelligent scenario planning
Test different carrier and facility configurations to make the most of every dollar spent.
Improve supply chain and spend visibility
Let your eyes rest. Move on from trying to decrypt EDI feeds and unravel hundred page invoices.
Loop’s logistics-AI unifies and standardizes all your supply chain data from emails, PDFs, EDIs and API so you can make cost based decisions across customers, products, carriers, lanes, service-levels and more. No more mental gymnastics trying to map UPS’s 3 Day Select to FedEx’s Express Save to track how much you're spending on three day deliveries.
Run granular cost analysis
Dive deep into your shipping costs without drowning in disconnected data. Loop's granular tracking lets you zoom in on every penny, so you can maximize your margin.
Say goodbye to guesstimates and averages. Say hello to crystal-clear metrics for your transportation team (cost per pound, package, service-level, lane, customer) and finance team (cost per product, unit, customer)
Stop overpaying carrier invoices
Never pay for a ‘manifested but not shipped’ invoice again. Loop automates 99% of audits with 100% financial accuracy.
We digitize your contracts and rate tables to build a custom rate engine that audits your freight costs, service charges, and accessorial line-items down to a penny. All so you can avoid unnecessary losses and focus on growing business.
Execute intelligent scenario planning
Don’t be caught out reacting to rate changes, disruptions, and network alterations. Dynamically adjust your parcel network as your needs change with Loop’s intelligent scenario planning. Effortlessly model "what-if" scenarios across carriers, lanes, and service levels to uncover hidden savings opportunities.
Whether you're considering a carrier swap or contemplating a network overhaul, Loop helps you make moves, modernize your strategy, and maximize margins.
Power profit with parcel spend management
You need clean and organized supply chain and financial data to evaluate the tradeoff between service and costs. Get control of your parcel spend, automate work, and optimize your team, carrier, and contract performance.
Flexible integration
Loop can take in data in any format (CSV, JSON, JPG, JPEG, PDF, PNG) from any source (EDI, API, email, etc) and normalize relevant data.
Data organization
Clean (spelling errors, duplicate references, etc.) and standardize disconnected data (service levels, accessorials, facilities).
Cost management
Track costs at the line-item level and in aggregate across shipment, lane, carrier, accessorial, and SKUs.
Cost allocation
Automatically assign cost codes and configure multi-allocations as needed.
Parcel audit
Execute invoice, service, and rate audits to accurately validate all charges.
Self-serve insights
Analyze data across carrier, accessorial, volume, spend, fuel, lane, state, services, zip, etc. in aggregate and at the line-item level.
Contract insights
Find where you spend the most money (accessorials, lanes, service-levels, volume) to identify where to negotiate high-value discounts.
Scenario planning
Out of the box analyses to ensure the right carrier/discounts for the right lane, volume, region, and service type.
F500 D2C pharma company identifies $3.1M in savings with Loop
Improving supply chain and financial data unlocks meaningful cost savings.
Is your parcel spend management in the 1980s, 2000s, or 2020s?
Today’s transportation and finance teams deal with more challenges than ever yet they are STILL trying to manage parcel spend the same way they did 30+ years ago.
Parcel shippers love working with Loop
But don’t just take it from us, hear what our customers are saying.
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F500 D2C Pharmaceutical Company
“With Loop, we get great data that automates workflows and powers insights. With access to self-serve data that’s both granular and big-picture, we know where and how to boost margin. Moreover, we’re able to scenario plan effectively, resulting in a reduction in overall cost to serve.”
Frequently asked questions
Unlock profit trapped in your supply chain.
Chat with our team of supply chain and automation experts to get started today.