SCHWING Stetter’s Path to End-to-end Logistics Digitalisation with ~8% Reduced Freight Costs and On-Time Deliveries
SuperProcure
NASSCOM EMERGE50 recognized ONE-STOP solution for freight sourcing and logistics collaboration.
Schwing Stetter India , India’s leading manufacturer of concrete construction equipment, was established in 1998 as a subsidiary of the SCHWING Group. It is renowned for innovation and excellence, as it has a diverse portfolio of over 30 product lines, catering to the varied requirements of its clientele. From concrete pumps and transit mixers to batching plants and recycling plants, each solution exemplifies the commitment to enhancing efficiency and productivity at construction sites across India.
Key Highlights:
In the face of rapid technological advancements, SCHWING Stetter recognized the need to streamline its logistics and operational processes to maintain its competitive edge. With a vast network of operations and a high volume of shipments, traditional methods were proving to be inefficient and time-consuming. This realization prompted SCHWING Stetter to seek a digital solution to enhance visibility, streamline collaboration, and improve efficiency across its supply chain.
After integrating SuperProcure’s innovative solutions into its logistics operations, SCHWING Stetter witnessed remarkable improvements across various facets of their logistics management. SuperProcure customized their solutions to align with SCHWING Stetter’s specific requirements.?
Some of the notable key outcomes were:
Simplified Freight Negotiation: SuperProcure’s Freight Sourcing solution provided a comprehensive platform to streamline freight negotiation processes. Advanced features optimized vehicle selection and lot allotment, ensuring timely delivery while maintaining freight rates.
On-time Vehicle Placement and Reduced Freight Costs: Reverse-auction freight sourcing improved on-time placements by 95% and cut costs by ~8%, ensuring fair opportunities for all transporters. The streamlined booking process allowed transporters to suggest suitable vehicles for each consignment, further optimizing operations.
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Streamlined Collaboration and Unloading Planning: Effortless tracking of 900+ shipments/month on a single screen reduced manual coordination. Real-time visibility, automated alerts, and ETA improved material delivery while streamlined unloading post-planning enabled proactive issue resolution and stakeholder collaboration for smoother operations.
Digitalized Invoice Generation and Documentation: SuperProcure's e-POD solution streamlined the invoice generation process, ensuring ease and accuracy. Comprehensive record-keeping within the POD enhanced transparency and accountability, promptly documenting any incidences of damages or shortages.
Automated Payment Processes and Freight Bill Settlement: Digitized and automated freight document reconciliation, PO, CC, PC, and payment due date reconciliation streamlined payment processes. Mandatory POD digitization ensured 100% payment adoption, with bill reconciliation and updates automated via SuperProcure’s platform.
Increased Visibility and Transparency: Preset reports & dashboards provided insightful data on freight trends & transporter participation, offering the management team 100% transparency of ground-level activities.
Implementing SuperProcure's solution underscores the power of digital transformation in optimizing logistics operations. Explore how similar solutions could benefit your business by delving into Schwing Stetter's comprehensive case study- https://www.superprocure.com/case-studies/schwing-stetter-india-logistics-digitalization-case-study/?