Insource Spend Management Group released version 3.0 of its IDAS software for the multi-dimensional data analysis of parcel freight spend across zones, vertical industries, geographic regions, multi-modal and varying parcel shipping volumes. The software is most effective when used for companies that spend between $3 million and $400 million per year on parcel shipping. This data analytic system analyzes current contracts and pricing strategies and identifies areas for savings.
The tool analyzes a company’s existing shipping data to determine the best parcel carrier target pricing and shipping discounts that a company should be receiving.