Transplace, a provider of transportation management services and logistics technology, announced a partnership with LLamasoft that will integrate Transplace truckload benchmarking data into LLamasoft Supply Chain Guru software. Transplace said the partnership will enable the companies to better provide customers with real-time shipping data and supply chain design technology to optimize their transportation networks and achieve cost savings.
“Integrating Transplace’s truckload benchmarking data into the LLamasoft Supply Chain Guru software makes it even more powerful and valuable to our shared and individual customers,” said Ben Cubitt, senior vice president of engineering and consulting at Transplace. “We are very excited about what the partnership brings to our customers.”
Via the partnership, Transplace will provide LLamasoft with benchmarking data and broad access to inbound and outbound rates. LLamasoft will provide Transplace with access to its network optimization software. The companies say their customers will benefit from this combination of data and technology by having access to greater visibility of current market rates and develop effective strategies for improving procurement activities.
“Transplace has developed impressive benchmarking capabilities,” said Don Hicks, LLamasoft founder and chief executive officer. “Good, reliable market rates are critical inputs to our software, and we look forward to providing customers with the significant benefit that Transplace outbound and inbound rate data will offer.”
