Data Is The Foundation Of Parcel Shipping Programs
At Reveel, we have always intently focused on data, from the company’s early days when we first set out to help shippers level the playing field with carriers to today, when our platform features powerful artificial intelligence (AI) and analytics that make it possible to bring every dollar of parcel and transportation spend – including freight – under management. Over the years, we have steadily pushed to expand the data science capabilities that matter the most not only to shippers but also the operational and financial teams they work with.
One of the most noteworthy milestones that emerged from those efforts was the singular shift in parcel spend management from a reactive exercise to a proactive endeavor, in which technology uncovers opportunities to lower costs and increase performance in the moment. That evolution called for the advanced modeling and simulation capabilities that hundreds of leading brands now take for granted in the Reveel platform.
Today, our quest to do even more with data continues, with our Reveel IQ being a notable development. And our innovation efforts have only accelerated and grown in scope, with some very important developments on the horizon in the coming months.
One thing remains crucially important across all of these efforts and over the years, from the most fundamental analysis of shipping data to today’s advanced AI-powered capabilities. The quality of your data, and the basics that dictate how you can use it, matter and are crucially important.
In the current issue of PARCEL Magazine, our own Quinn Nelson delves into this important topic – providing a primer on data basics and some specific recommendations that all shippers should consider, especially those who have adopted or are considering a multi-carrier strategy. It’s a great five-minute read. Check it out at PARCEL.
