Mode Optimization | Get smart about parcel and LTL workloads | Shipium
Announcing Always-On Audit
Complete financial controllership for shippers.
Shipping AI
- AI Engine: The system powering Shipium's decisions.
- Models: Purpose-built for the shipping industry.
- Research + News: Insights from the team building Shipium.
Technology
- Carrier Network: Pre-integrated services available to all.
- Integration: A proven framework for platform implementation.
- Rules Engine: Universal logic that propagates instantly.
- Console: No-code centralized configuration management.
By Industry
- Retail: Show fast and accurate promises that cost less to ship.
- 3PL: Shipping orchestration that ties out with analytics and billing.
- Healthcare & Life Sciences: Power modern delivery models with an integrated solution.
- B2B: Centralize and optimize your shipping network to reduce costs.
By Use Case
- Simulation
- Delivery Promise
- Delivery Date Enhancement
- Shipment Tracking
- Route Optimization
- Packaging Optimization
- Address Validation
- Mode Optimization
- Zone Skipping
- Carrier Load Management
- Rating Engine
- Label Engine
- Pack Station
- Ship-from-Store
- Dropshipping
- International Shipping
- Billing Management
- Shipping Analytics
Fulfillment Optimization
Mode Optimization
Send every shipment using the right mode. Select the most cost-effective shipping mode that meets your speed thresholds for every order, whether they’re LTL or small parcel.
Cut shipping costs
Prevent overspending on "gray-area" shipments by automatically identifying when LTL is more economical than multiple small parcels, or vice-versa.
Enhance speed & accuracy
Balance cost with speed by evaluating transit times for both modes, ensuring you meet expectations without unnecessary expense.
Improve operational efficiency
Automate complex mode selection and LTL quoting, reducing manual effort and human error in your logistics workflows.
Solution Highlights
How Shipium powers your LTL and parcel optimizations
Through intelligent comparison and precise costing, Shipium provides the insights needed to choose the right mode for every shipment.
Real-time LTL vs. parcel rating
Shipium offers complete cost and transit comparisons between LTL and small parcel based on shipment details and desired delivery parameters —then recommends the optimal mode.
- Provide origin and destination addresses, shipment and package details (ex. dimensions, weight, NMFC freight class)
- Specify desired delivery dates and transit times
- Receive a recommended mode and detailed cost breakdowns for both options
Precise LTL costing for complex shipments
For dedicated LTL freight, Shipium provides accurate quotes based on your carrier contracts, specific accessorials, and freight class to support carrier selection.
- Input specific LTL load details
- Specify payment terms and pickup dates
- Factor in complex requirements like hazmat or collect-on-delivery
- Receive total estimated LTL cost, chosen carrier details, and a breakdown of all charges
Supports existing TMS execution
Shipium doesn’t replace your TMS, it works with it. Once the optimal mode and LTL carrier are selected, the platform passes that recommendation to your TMS system for execution.
Advanced ML modeling for real-world accuracy
Shipium uses robust ML modeling to ensure that transit times and cost comparisons account for real-world conditions, historical performance, and carrier-specific nuances.
- Incorporates your historical data for greater accuracy
- Combines your data with platform-wide data sourced from 350+ million shipments
- Adapts to real-world conditions and carrier performance changes
Proven Results
The improvement Shipium’s customers are seeing
- 4% Conversion Increase resulting from offering exact customer promise dates.
- 99.1% Accuracy during peak season 2024.
- 350+ Million (And Counting) API requests made to Shipium’s Delivery Promise solution.