You’ve heard of SaaS (Software as a Service), and perhaps iPaaS (Integration Platform as a Service), but a newer model is sweeping the supply chain and logistics industry: LPaaS – Logistics Platform as a Service.
If you’re struggling to connect all your different supply chain systems and data, there is a way to integrate them all into your unique supply chain footprint. LPaaS makes it possible.
LPaaS: An Open Platform for Digital Logistics
Ultimately, LPaaS unites full-service third-party logistics with industry-leading open technology, with a goal of eliminating the complexity and risk of building and running your digital logistics network. It’s the all-in-one toolkit for plug-and-play logistics.
Through the model, Redwood empowers shippers to move their freight via a combination of digital freight brokerage, dedicated capacity and multimodal cross-border solutions; managetheir freight with outsourced transportation management, including LTL, Parcel and Warehouse & Distribution; and innovate their supply chains using RedwoodConnect™ to integrate disparate systems, as well as the newly introduced sustainability offering, Redwood Hyperion.
Here are the three most recent ways LPaaS can transform your supply chain.
Integrate Your Supply Chain With RedwoodConnect™
RedwoodConnectis the integration engine of LPaaS, acting as the distribution hub to seamlessly link your entire supply chain. All carriers, apps and systems. Integrated in real-time (requiring no code or implementation support from your IT team).
RedwoodConnect’s platform services team does all the heavy lifting to allow users to save time and money when integrating RedwoodConnect with their systems. In the age of disruption, having visibility into shippers’ cargo and data is vital to business success.
This year, the RedwoodConnect team continued to add partners to its extensive ecosystem. This meant adding some of the world’s most innovative FreightTech companies like project44 to the existing roster of heavy hitters. They join the ranks of others like Oracle and MercuryGate. The RedwoodConnect platform is the engine of the LPaaS model and empowers shippers and logistics service providers to modernize their supply chain end to end.
Create a Sustainable Supply Chain with Redwood Hyperion
Redwood announced Redwood Hyperion earlier this year. Redwood Hyperion is a revolutionary product that can automate your load-by-load emissions calculations using best-in-class standards. Further, it supports your carbon-neutral initiatives with easy access to verified carbon credits (through a recently announced partnership with Cloverly). All while providing easy access to sustainability reporting.
Redwood Hyperion allows customers to make well-informed carbon reduction decisions by providing unparalleled visibility, all integrated with other systems through the power of RedwoodConnect. See how it all connects?! Hyperion meets shippers where they are in their sustainability journey, while providing actionable insights to reach their goals. Get the insights you need to take the actions you want.
Flex Your Digital Freight Brokerage to the Market with Redwood’s Rating API
Redwood’s dynamic Rating API provides an innovate solution to the ongoing concern of flexible transportation options in an ever-changing market. Enjoy 100% tender acceptance in tight markets and real-time brokerage optimization as the market shifts.
The API is easily integrated into any preferred TMS. Furthermore, it allows shippers to save time and money in the transportation planning process by connecting to Redwood’s private network of 20,000+ carriers. This assures guaranteed capacity with real-time pricing and the ability to book shipments in seconds.