Blake Tablak’s Post

Executive Leader / Advisor / Board Member

1mo

At Trax, we're redefining freight audit and payment globally. Our vision? Leverage data for predictive insights, automate complex decisions and empower clients to execute sophisticated strategies effortlessly. We're not just adapting to the future - we're creating it. Watch to see our approach to advancing supply chain management. #SupplyChainInnovation #FreightTech #DataAnalytics #LogisticsLeadership #Trax

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So our long term goal is to be the leader in freight audit, payment and data. And what that means is you know, you have to be global in nature and handle all currencies, all countries, all carriers. It's number 12 is specific to data. We were already the leader in supplying data to our customers. We had one of the world's largest tech companies say to us, we've never been more automated and had more access to data than we had prior to working with tracks. So we're already the leader there. Where we're headed is how do we take all of the data that we have and provide. Forecast for things like rates, so if you combine economic data with carrier data or rate data, you start to get a picture of well, what happens when we go into a recessive environment or what happens when we go into an accelerated environment. Which contract should I expect to renegotiate? Which one should I not renegotiate? A lot of the pieces that we're putting into play are to allow our customers to have better visibility into the health and maintenance of their existing supply chain. So you know, should we do an RFP or we. Better than average when it comes to some of our terms and pricing. How much more can we move that before it starts to degrade the quality of our supply chain and starts to degrade performance? So really a lot of it is about insight. And then the next piece is about automation. So how do we take all that information and start to go back to customers and say here's the next best action or here's what we would recommend in an automated way and be able to do this over, you know, millions and millions of transactions. So I think long term, our strategy, like I said, is to be the dominant leader in the space. And to do that, we've got to be global in nature and we have to leverage advanced automation, AI technology, what have you, in order to provide insights back to customers that allow them to execute, you know, really complex strategies and, and really quick, you know, simple way.

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