164: Solving the Fundamental Problems of Freight with Convoy
Founded in 2015, Convoy started a movement in efficient freight. Through their customer-centric approach, ethical commitment and unique technology, that creates smarter ways to connect shippers with carriers, they\u2019re helping to solve problems, reduce waste and create a better future.
Today, I\u2019ll be talking to Lorin Seeks to find out a bit more about the Convoy network and how it\u2019s utilising machine learning to solve the challenge of quality and compliance for small and midsize shippers.
IN THIS EPISODE WE DISCUSS:[06.59] Lorin\u2019s background, his career in the army and how he fell in love with logistics.
[11.08] A closer look at Convoy, what it does and how it works.
\u201cConvoy is the nation\u2019s most efficient digital freight network.\u201d
[12.34] The four core areas of risk and compliance that every shipper needs to consider.
\u201cShippers are facing legal, financial, service and reputational risks every time they ship freight.\u201d
[19.27] Why these areas can present real challenges for small and mid-market shippers.
[23.45] How intermediaries and brokers are addressing risk and compliance, to ensure they can be a reliable and trusted partner for SME\u2019s.
[28.05] The Convoy solution, and the power of machine learning.
\u201cThe more data we feed it, the more accurate it becomes \u2013 because it\u2019s a learning algorithm, it gets better over time.\u201d
[31.28] The positive customer response to Convoy solutions.
[33.27] From higher safety levels to lower claims, the benefits that shippers will see from the Convoy platform, through removing bias and human error.
[38.51] Levelling the playing field for all customers, and a case study of how Convoy were able to solve a very specific problem for one customer in particular.
\u201cWe were able to come with solutions \u2013 and we were able to cut theft by about 90%.\u201d
[43.15] The future for quality, safety and compliance \u2013 and for Convoy.
\xa0
RESOURCES AND LINKS MENTIONED:Head over to Convoy\u2019s website now to find out more and discover how they could help you too.
Check out our other podcasts HERE.