Mining Company Saves Time and Resources with Xeneta’s Neutral Benchmarking and Market Analytics Platform

Xeneta Products & Solutions

At a Glance

The customer is a global producer of minerals and a worldwide distributor of chemicals. It has a global presence extending to over 50 countries. On a daily basis, the customer ships on Europe to Latin America and Europe to Asia routes.

Opportunity & Result

Our customer discovered that they are spending too much time on ad hoc projects and suppliers negotiations. They needed lane-level benchmarks to understand market evolution and spend less time on reporting.

With Xeneta, the customer relies on our data to identify efficiency gains and digital KPIs for strategy development and internal reporting. The customer's global logistics teams refer to graphs and Xeneta data to evaluate the relative market position and understand how the prices vary by comparing historical markets and trends.

Defining Success

Access to unbiased data to keep the focus on the market 
Neutral reporting platform for internal and external reporting  
Save time and resources in market evolution 
Save time during ad hoc requests and negotiations with suppliers with lane level benchmarking

We really appreciate  Xeneta’s support in providing market insights and analysis. I feel that Xeneta is customer-centric with a focus on creating ROI. We like the clear, fast and focused responses of Xeneta and the solution-finding mentality.

Lead Buyer, Deep Sea Transport Containers Overseas

Achievements

The customer saved approx. 4 hours per week over 5-6 weeks by evaluating freight bids during the tender period
Access to relevant graphs and data helped the customer to save time on internal reporting and stakeholder communication 
The customer gained awareness of the market evolution and optimized decision-making processes
Xeneta enabled quick and easy monitoring of market trends during the hectic day to day operations 
Xeneta market updates and webinars helped accelerate decision-making processes