The Procuretechs Network includes Startups with a focus on procurement, which are located in Germany and throughout Europe. Together, we want to shape the future of procurement by leveraging our synergies and supporting each other in the further development.

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freightalytics

Location: Marktstraße 12, 36037 Fulda, Germany
Founding year: 2018
Website: freightalytics.net
LinkedIn: https://www.linkedin.com/company/faulstich-rupp
Start-up Phase: Launched
Area of business in procurement: 
  • Tendering
  • Negotiation
  • Spend Analytics
Problem:

Many organizations don’t manage their freight spend strategically and therefore spend too much on road transport. Large price matrices with hundreds or even thousands of unit prices combined with a big number of suppliers and destinations make analyzing tenders with Excel a time consuming and error prone nightmare.

Solution:

Our cloud analytics software enables users to conduct and analyze road transport tenders with ease, collaborate with stakeholders on data in real time and manage freight cost sustainably. Innovative algorithms combined with data visualization inside the freight matrix make scenario modeling and comparison easy, flexible, and fast. The solution handles combinatorics as well as large price matrices (LCL, LTL, FTL).

Offer:

We help our customers to establish strategic freight procurement successfully and to save money spent on road transport sustainably. To get there, we offer software as well as consulting services tailored to our clients’ individual needs.

Business model:

freightalytics is software as a service and can be booked on a monthly or yearly plan.

USP:

freightalytics is by far the fastest and most comprehensive analytics software for road transport proposals containing the full range of services from LCL to FTL. It enables buyers to truly master the complexity created by large price matrices and endless possibilities to combine proposals. Our innovative algorithm allows buyers to collaborate with stakeholders on data in real time and to identify the supplier portfolio which best fits their needs and maximizes savings.

Technology:

Our software utilizes latest data base technology, innovative algorithms and BI functionalities.

Contact: Christian Faulstich

CEO

Email: Email hidden; Javascript is required.