FarEye Recognized in the 2024 Gartner® Market Guide for Multi-Carrier Parcel Management Solution

MCPM solutions enable shippers to optimize carrier spending, and delivery capacity, and keep service promises.

FarEye’s Multi-Carrier Parcel management solution is leveraged by global Retailers, Manufacturers, Pharma, and eCommerce giants to reduce delivery costs by up to 22% and delivery time by up to 15%.

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Recommendations from the report

"Supply chain technology leaders looking to optimize their parcel transportation should:

- Optimize and consolidate parcel shipments by using an MCPMS as a complementary solution to the TMS and/or WMS, ERP or OMS, or as a transportation solution for shippers that primarily use parcel as their mode of transportation.

- Support activities such as carrier balancing, returns management, advanced cartonization and analytics by exploring extended features offered by vendors."

- "Create a business case for optimizing costs by expanding their carrier portfolio and improving carrier, rate and service selection. This will allow their organization to decrease parcel spend and improve shipping capacity through parcel consolidation and optimization.

- Identify key opportunity areas for better parcel management by improving visibility of their parcel shipments, service options and costs, in order to improve productivity and customer satisfaction."

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“We have a lot of carrier partners, that FarEye has helped us onboard successfully. And now we have great visibility of all our partners and LSPs. We implemented FarEye’s carrier selection engine, which was key for us, as it gives us the choice to deliver certain products with certain carriers. It gives us a lot of flexibility, helps expand our footprint, and provides our customers the best experience possible”
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Market Guide for Multicarrier Parcel Management Solutions (Published on 27 May 2024, ID G00780066, by Simon Tunstall, Brock Johns, Oscar Sanchez Duran)

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