Logentia: Managing Transportation Smartly

Tapio Teppo, CEO, LogentiaTapio Teppo, CEO
Transportation costs constitute one of the major concerns for the supply chain management. For manufacturing and wholesale industries, it comprises 4 to 10 per cent of the final products’ selling price. This is due to costly transport selections, inadequate delivery, and unnecessary manual labour, which adds to companies’ costs dependent on transport. Often, enterprises fail to select the best transportation company for a specific shipment due to a lack of transportation contract transparency. These contracts are cumbersome and difficult to compare as the information regarding the price and delivery time are provided in many different formats. Only a few employees have access to this information, so it is often lost in various spreadsheets on a network drive.

This is where Finland-based transportation management software and expert company, Logentia comes to the picture that offers innovative solutions, enabling industries, wholesalers, and online retailers to optimise their transportation cost and improve the bottom line. The company transportation management software optimises transport selection, eliminates invoicing errors, improves the reliability of delivery, and reduces the time taken to manage transportations.

Logentia’s conceptualised tendering solution offers a reliable comparison between transport tenders using actual transport transaction details that allows organisations to choose the best transportation partners at a competitive price level. Further, Logentia’s tendering solution also provides a precise prediction on how much the organisations will save annually with the company’s tendered transport contracts.

As transparency in the transportation contract is a significant concern for organisations due to different formats of the information regarding the price and delivery time, Logentia delivers a cloud-based service that digitalises and stores organisations’ transportation contracts and provides the price and delivery time information for all available transportation alternatives. The information available through an intuitive web interface contains all the relevant information such as price, delivery time, delivery days, and CO2 emissions. This information enables organisations to choose the most efficient option for each shipment from their current transport contracts. Subsequently, after selecting an optimal transport provider, Logentia also allows organisations to order the transportation electronically and print out the freight documents and parcel labels through the integrated transport administration system. The company also provides tools for automated invoice control to check whether the agreed prices and delivery times have been met or not. These tools also monitor any hidden costs and additional services that are not included in a contract to help its clients improve invoice efficiency.

The company has developed its strategy in a way that the collaboration is always based on creating substantial benefits for its clients. Due to a cloud-based system, Logentia does not ask for any upfront investments in equipment or licenses; Instead, it offers results-based contracts and accurately foreseeable costs. Another advantage of Logentia’s system is the implementation times, which only take days to complete. The company also integrates its transport logistics system with several ERP and online store platforms using ready interfaces.

Several large and medium-sized companies rely on Logentia’s system to manage transportation and improve their supply chain’s efficiency. A case in point is the customer success story of Nanso Group, the pioneers of the Finnish clothing industry with a turnover of 50 million euro. Logentia helped the clothing company reduce their transportation cost by 30 per cent with a payback period of one month.

Since its inception in 2010, Logentia is on a mission to help organisations transport smarter while eliminating excessive costs. Going further, the company plans to add more innovative features to help its clients in their outbound logistics management journey.

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Top 10 Transport Management Solution Companies in Europe - 2021

Company
Logentia

Headquarters
Helsinki, Finland

Management
Tapio Teppo, CEO

Description
Logentia is Finland-based transportation management software and expert company that offers innovative solutions, enabling industries, wholesalers, and online retailers to optimise their transportation cost and improve the bottom line. The company transportation management software optimises the transport selection, eliminates invoicing errors, improves the reliability of delivery, and reduces the time taken to manage transportations. Further, as transparency in the transportation contract is a significant concern for organisations due to different formats of the information regarding the price and delivery time, Logentia delivers a cloud-based service that digitalises and stores organisations’ transportation contracts and provides the price and delivery time information for all available transportation alternatives