Blink Logic Inc., a provider in Software as a Service (SaaS) business intelligence (BI) announced that CMG Logistics, a provider in the transportation data services industry, will be incorporating Blink Logic into their SaaS-based Transportation Data Management Service (TDMS).
CMG Logistics, a division of CMG Inc., assists mid-market companies' ($50 million to $1 billion) in managing their transportation spend by auditing freight bills to ensure customers have paid the contracted price for services actually delivered. CMG ensures these costs are allocated correctly in customers’ financial records, and provides insight into the freight data to reduce overall costs. Because rapidly rising freight costs represent up to ten percent of cost of goods sold, companies are paying closer attention to their overall transportation cost. CMG is well positioned to recommend changes that improve efficiency and save money, cutting a client's freight bill by three to eight percent or more. For instance, for a company spending $10M in shipping per year, CMG can add close to a million dollars to their bottom line by finding freight billing overcharges. The company expects Blink Logic to bring an even sharper focus to these services.
“When it comes to logistics, your parcel and freight vendors know more about your own company's operations than you do,” said Tom Chappelear, President, Corporate Development, CMG Inc.
“No wonder they're so good at rate negotiations. With Blink Logic, we're leveling the playing field for you. Now we are able to provide decision makers critical information about their
logistics operations so you can negotiate with your carriers and make smarter decisions in managing and controlling all aspects of your logistics.”