ArrowStream’s New Crossbow Software Helps to Reduce Inbound Freight Costs
ArrowStream, a supply chain company that combines proven expertise with data science and analytics to improve the way supply chains perform, has announced the release of a first-of-its-kind Inbound Freight Program Insights module for its Crossbow software solution. With this addition, Crossbow provides unprecedented control of shipment efficiency, and enables purchasing and logistics departments to collaborate on reducing freight costs by up to 10 percent.
Crossbow's unique and patented optimization technology recommends improvements to ordering and routing patterns, reducing inventory to the warehouse, eliminating unnecessary miles and increasing freight under management. This is accomplished through bridging the gap between planning and execution to increase truck utilization while lowering costs, and transforming supply chains into efficient, cohesive operations. Using Crossbow, teams are alerted when orders and shipments are falling short of plan, and can take action to improve financial performance by preventing losses from inefficient orders before the freight is tendered.