Convoy
Case Studies
Enhancing Supply Chain Resilience for a Premium Bottled Water Brand with Convoy's IoT Solutions
Overview
Enhancing Supply Chain Resilience for a Premium Bottled Water Brand with Convoy's IoT SolutionsConvoy |
Infrastructure as a Service (IaaS) - Backup & Recovery Sensors - Utility Meters | |
Transportation | |
Logistics & Transportation Quality Assurance | |
Intelligent Urban Water Supply Management Leakage & Flood Monitoring | |
System Integration Testing & Certification | |
Operational Impact
The implementation of Convoy's solutions has significantly improved the brand's supply chain resilience. The brand now has more flexibility and improved visibility into their logistics, which has resulted in improved performance. The brand reported 95% On-Time Pickup (OTP) for contracted and Dynamic Backup volume during one of their busiest summer months, and 97% of all loads serviced in that same period were delivered on time. This has helped the brand save significantly by avoiding fines due to missed deliveries. As the U.S. full truckload market softens, the brand now has options to consider for low-cost, high-quality coverage. They can quickly get and compare rates to secure cost-effective coverage, and they are also paying an average lower rate-per-lane than they would on the spot market, even in soft market conditions. Today, Convoy is the brand’s top API carrier, optimizing trucking costs in real-time to ensure quality coverage at rates in tune with the market. | |
Quantitative Benefit
The brand achieved 95% On-Time Pickup (OTP) for contracted and Dynamic Backup volume during one of their busiest summer months. | |
97% of all loads serviced in the same period were delivered on time, helping the brand avoid fines due to missed deliveries. | |
The brand has completed nearly 6,000 shipments through the dynamic pricing program since late 2019. | |