Turvo > Case Studies > Partnerships in Supply Chain Innovation: Ryder System, Inc. and Turvo

Partnerships in Supply Chain Innovation: Ryder System, Inc. and Turvo

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 Partnerships in Supply Chain Innovation: Ryder System, Inc. and Turvo - IoT ONE Case Study
Technology Category
  • Analytics & Modeling - Real Time Analytics
  • Platform as a Service (PaaS) - Application Development Platforms
Applicable Functions
  • Logistics & Transportation
Use Cases
  • Real-Time Location System (RTLS)
  • Supply Chain Visibility
Services
  • System Integration
The Customer
About The Customer
Ryder System, Inc. is a leading logistics and transportation company. The company operates a complex supply chain that includes shippers, receivers, carriers, and service providers. Ryder was struggling with the challenge of integrating these disparate elements of its supply chain into a single, efficient, and user-friendly platform. The company was seeking a solution that could break down the silos created by disparate technology and manual processes, and offer its customers the ease of use of modern, cloud technology.
The Challenge
Ryder System, Inc. was facing a significant challenge in connecting its supply chain, which included shippers, receivers, carriers, and service providers, in a single network environment. The company was struggling with the silos created by disparate technology and manual processes. The lack of a unified platform was causing inefficiencies and hindering the ease of use of modern, cloud technology for its customers. The company needed a solution that could integrate these disparate systems and processes into a single, efficient, and user-friendly platform.
The Solution
Ryder partnered with Turvo to address this challenge. Turvo's collaborative logistics platform, RyderShare, was integrated to break down the data silos and enable real-time collaboration across the supply chain. The platform integrated data from multiple Transportation Management Systems (TMS) and Warehouse Management Systems (WMS) into a single, synergistic platform for seamless execution and end-to-end visibility. The network effect of Turvo’s platform allowed users to collaborate in real-time to better manage exceptions and eliminate the inefficiencies of check-calls, rework, and manual data entry that permeated the industry. Turvo aggregated the entire supply chain into a single source of truth, enabling faster speed to market, better customer service, and increased profitability, while maximizing the ROI of existing tech stacks and automating processes.
Operational Impact
  • The integration of Turvo's platform resulted in significant operational improvements for Ryder. The platform's real-time collaboration capabilities allowed for better management of exceptions and eliminated the inefficiencies of check-calls, rework, and manual data entry. The aggregation of the entire supply chain into a single source of truth enabled faster speed to market, better customer service, and increased profitability. The solution also maximized the ROI of Ryder's existing tech stacks and automated processes, leading to increased productivity and labor efficiency.
Quantitative Benefit
  • Increase in revenue recognition with real-time document capture of Proof of Deliveries (PODs) from 5 days to same day
  • Increased on-time performance up from 95%
  • Increase in productivity

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