**London**: Freightos has unveiled Freightos Enterprise, a new platform designed to simplify air, ocean, and ground freight procurement for large importers and exporters, consolidating contracts into one interface to improve efficiency, visibility, and supply chain resilience.
Freightos, a prominent player in logistics technology, has launched Freightos Enterprise, a new logistics procurement suite tailored specifically for large importers and exporters. This innovative platform is designed to streamline the procurement process for air, ocean, and ground freight by consolidating annual, quarterly, and spot contracts into a single, cohesive interface.
Zvi Schreiber, CEO of Freightos, outlined the motivation behind the development of Freightos Enterprise, explaining that logistics teams often find themselves overwhelmed with managing spreadsheets, emails, and multiple siloed platforms. This fragmented approach tends to increase costs and reduce the reliability of supply chains, particularly at a time when resilience is paramount.
He elaborated, stating, “Enterprise logistics teams are drowning in spreadsheets, emails, and siloed platforms. The result is higher cost and unreliable supply of imported goods…at a time when resilience is critical.” Schreiber highlighted that while technological advancements have addressed some supply chain challenges, they have typically done so in a piecemeal fashion that only partially supports the entire procurement process.
Freightos has invested several years in developing distinct components of the logistics procurement puzzle. Freightos Enterprise represents the culmination of these efforts, combining these components into one platform that aligns with the practical workflows of logistics professionals. Schreiber emphasised, “We’ve spent years building the individual pieces of the puzzle, and now we’re bringing them together in a way that matches how logistics professionals work in the real world, creating digital access that truly connects multinational businesses with their service providers to make importing and exporting smoother.”
The Freightos Enterprise platform aims to offer multinational companies enhanced visibility, efficiency, and control in managing their logistics procurement, potentially transforming how businesses coordinate their global supply chains.
Source: Noah Wire Services
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