RETAILERS CAN NOW
ELIMINATE CRITICAL RISKS IN RETAIL SUPPLY CHAINS
- Supply Chain Logistics Professional
- Finance team
- Store/Revenue team
KNNX Precision Freight Control eliminates upstream and downstream supply chain risks & turbocharges your business
YOU’RE A SUPPLY CHAIN & LOGISTICS LEADER AT A RETAILER
And you have the toughest job in business
- You’re at the center, and your team provides the Engine of the Business
- The entire organization, its customers and business partners all depend on you
- Operations run upstream and downstream 24/7
- The only thing for sure is change, including events completely outside your control
- You need to deliver results, information and solutions
YOU’RE A FINANCE LEADER AT A RETAILER
And you need to do more with less
- What is this expense?
- Is it real, how can we allocate it?
- Grow the business and cut costs?
- We need to eliminate frauds, not just catch them later
- There are large carrier AP’s, how do I know they are correct?
- Financial reporting waits for no one!
YOU’RE A REVENUE/STORE LEADER AT A RETAILER
And you live and die by the numbers
- We need our higher margin goods on the shelf…now
- Another unexpected supplier problem, how quickly can we substitute?
- How can the logistics team know my priorities?
- What use is a static scheduler, everything changes constantly and we cannot synchronize those perpetual changes
- You need to deliver results, information and solutions
- Wow, here comes Golden Quarter, and suddenly some new toy is taking off…help!
KNNX PRECISION FREIGHT CONTROL
Eliminate critical risks by synchronizing and orchestrating every load – start to finish.
No change to existing systems (TMS, IoT, ERP) & IT-light!
TRANSPORTATION TEAM
- Significant operating cost reduction from tender to POC
- Automatically updates finance/AP to avoid surprises and unpredictable spend bulge
- Eliminate Overpayments
- Timely, actionable information during transportation and post-delivery
- Alignment between your team, carriers and shippers through visibility and secure data synchronization
- Alignment between you, and your finance and revenue teams through visibility and secure data synchronization
- Automatically updates finance/AP to avoid surprises and unpredictable spend bulge
- Establish and automatically enforce carrier performance criteria
- Eliminate virtually all manual invoice reconciliation, so you can reallocate high-cost team members, and you have more time on Friday afternoons!
- Accessorial issues are eliminated through automated reconciliation
- Eliminate virtually all OTIF issues
- Eliminate virtually all OTIF issues
- New revenue opportunities (quick pay, trade finance)
- AI-enabled predictive modelling linked to reality of operations
REVENUE TEAM
- Maintain and optimize shelf management with improved pre-substitution for higher margin goods placement
- Right merchandise, right place, right time
- Alignment between you team and the revenue team through visibility and secure data synchronization
- Keep your revenue team updated (stores, DC’s) and automatically ties deliveries to merchandiser store visits
- Automated, dynamic scheduling among store, suppliers, carriers and merchandisers
- AI-enabled predictive modelling linked to reality of operations
FINANCE TEAM
- Significant operating cost reduction from tender to POC
- Eliminate Overpayments
- Alignment between your team and finance through visibility and secure data synchronization
- Timely, actionable information during transportation and post-delivery
- Automatically updates finance/AP to avoid surprises and unpredictable spend bulge
- Eliminate virtually all manual invoice reconciliation, so you can reallocate high-cost team members, and you have more time on Friday afternoons!
- Eliminate virtually all OTIF issues
- AI-enabled predictive modelling linked to reality of operations
- New revenue opportunities (quick pay, trade finance)
KNNX PRECISION FREIGHT CONTROL BENEFITS
Your team is interconnected and synchronized with carriers and suppliers in real-time
Real-time, AI-enabled synchronization internally and externally
Freight Overwatch
- Synchronization from start of any delivery to POD
- Alerts
- Reporting
- Analytics
Payment Overwatch
- Synchronization and monitoring through invoice approval and payment
- Quick pay/trade finance modules for increased revenue
- Reporting
- Analytics
Revenue Overwatch
- Store delivery scheduling
- AI-enabled alerts & real-time, dynamic synchronization of store deliveries and merchandiser visits
Reporting
- Secure
- Granular reporting
- Real-time & regular
- Analytics
Rapid Deployment
- Without material IT demand
- We securely link your existing systems and any approved carrier/supplier systems & data on our KNNX Freight Control Hub
- Internal and external shared, single version of truth
- 6 years of large scale deployment with 600 companies in ecosystem
RESULTS
- Fraud Risk and Overpayments Crushed
- Vast hard dollar logistics/payment savings (average 13%)
- Overhead reduction
- Increased efficiency
-
Automated, minimum 99.5% agreed upon invoices
(100% after quick system check) - 25 million invoices successfully processed, no material disputes
- Significant quick pay/trade finance new revenue generated
ASK US ABOUT
REAL-TIME AI-ENABLED PRECISION FREIGHT CONTROL SOLUTIONS INCLUDE
- Freight Management & Invoicing
- ECommerce & Small Parcel Audit
- Direct Delivery (including Direct Store Delivery)
- Last Mile Delivery
- Independent Driver Management & Driver Pay
- Global Shipments & Port Visibility
- Payments
- Quick Pay/Trade Finance
- Analytics
- Reporting
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