Banyan Technology > 实例探究 > Chase Plastics Leverages Banyan Technology’s Live Carrier Connectivity Platform

Chase Plastics Leverages Banyan Technology’s Live Carrier Connectivity Platform

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公司规模
200-1,000
地区
  • America
国家
  • United States
产品
  • Live Connections
  • Intelligent Pricing™
  • Live Lane Specials™
技术栈
  • API
实施规模
  • Enterprise-wide Deployment
影响指标
  • Cost Savings
技术
  • 平台即服务 (PaaS) - 连接平台
适用行业
  • 塑料
适用功能
  • 物流运输
用例
  • 车队管理
  • 供应链可见性(SCV)
服务
  • 系统集成
关于客户
Chase Plastics is a stocking distributor based in Clarkston, MI. The company has a portfolio that offers more than 20,000 varieties of specialty, engineering and commodity thermoplastics from industry-leading manufacturers and global suppliers. With a size of $320 million, Chase Plastics is a significant player in the plastics industry. The company leverages Banyan Technology’s live carrier connectivity platform, Live Connections, to efficiently rate less-than-truckload (LTL) shipments.
挑战
Chase Plastics, a stocking distributor with a portfolio offering more than 20,000 varieties of specialty, engineering and commodity thermoplastics, was looking for a way to efficiently rate less-than-truckload (LTL) shipments. The company was using Banyan Technology’s live carrier connectivity platform, Live Connections, but wanted to leverage more advanced features to optimize their logistics and transportation operations. The challenge was to find a way to get real-time pricing incentives on top of the company’s contracted discounts on negotiated rates.
解决方案
Chase Plastics decided to leverage Banyan’s Intelligent Pricing™, the industry’s first true dynamic pricing tool. This tool allows Chase Plastic’s carriers to instantly offer pricing incentives on top of the company’s contracted discounts on negotiated rates through its API-powered system. These Live Lane Specials™—defined by geography, shipment attributes and even customer behaviors—are automated to appear within Chase Plastics’ system workflow as its staff makes live routing decisions. This solution provides real-time, dynamic pricing options that can optimize logistics and transportation operations.
运营影响
  • Chase Plastics has been able to save on freight costs through Live Lane Specials™.
  • The company has been able to book lanes with carriers that would not have originally been the awarded carrier, but were able to offer a Live Lane Special™ and win more business based on the cost incentive.
  • The tool has been recommended to other businesses and pitched to carriers as a win-win opportunity for them to lower rates and gain freight on their side.
数量效益
  • Chase Plastics has saved $6600 on freight in just over 3 months since leveraging Intelligent Pricing™ through Banyan’s connectivity platform.

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