Convoy
Case Studies
Streamlining Transportation Network: Faurecia's Success with Convoy's Automotive Practice Group
Overview
Streamlining Transportation Network: Faurecia's Success with Convoy's Automotive Practice GroupConvoy |
Functional Applications - Transportation Management Systems (TMS) | |
Automotive Transportation | |
Facility Management Logistics & Transportation | |
Autonomous Transport Systems Public Transportation Management | |
Operational Impact
The partnership with Convoy’s automotive practice group has allowed Faurecia to keep their freight running smoothly. Convoy analyzed the performance of Faurecia's facilities and routes to optimize for efficiency, ensure on-time delivery, and drive costs down. Consistent, high-quality visibility data has enabled Faurecia to analyze the performance of its own facilities, measure dwell times, and adjust how parts are routed to OEMs so that they arrive on time. Furthermore, Convoy's quick and accurate payment system has helped to improve the cash flow of small trucking companies, driving carrier stickiness on complex but regular automotive lanes where familiarity matters. This has resulted in a more streamlined and efficient supply chain for Faurecia. | |
Quantitative Benefit
Reduced the number of transportation providers to a core group of 30, simplifying the transportation network. | |
Improved cash flow for small trucking companies through Convoy QuickPay’s generous payment terms. | |
Optimized efficiency by using Convoy’s batching technology to offer round trips to carriers. | |