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Briefing
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- Digital Platform for Spot Freight – Daimler Trucks North America worked with online logistics platform provider Loadsmart to digitize outsourcing process for company's own spot loads (i.e. shipments outside scheduled deliveries) to third-party logistics providers
- Loadsmart Technology – Leverages customized version of Loadsmart platform, online and mobile app that uses machine learning and big data, to help logistics providers acquire spot load shipment contracts from Daimler more efficiently
- Pilot Test and Results – Conducted limited implementation in autumn 2017 to small subset of logistics providers, with results indicating drop in time to process shipment requests from five hours to 18 minutes on average
- Benefits for Logistics Providers – Increase average number of spot loads moved by 50%, shorten logistics process by 90%, and receive payments in two days compared to usual 30 days
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Market Disruption
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Business Model and Practices
Business Model
and Practices
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Sector
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Industrial Manufacturing
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Organization
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Daimler AG (Mercedes-Benz), Loadsmart
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Source
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Original Publication Date
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January 29, 2018
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