In industry first, Electrolux Group unlocks instant air cargo
bookings on specific flights via existing forwarders, saving time
and money, and increasing supply chain efficiency and
governance
JERUSALEM, May 22, 2023
/PRNewswire/ -- Electrolux Group, a global leader in home
appliances, has announced a new partnership with Freightos (NASDAQ:
CRGO), the leading global freight booking platform, to improve its
freight booking process across its forwarders and carriers.
The partnership follows a successful proof of concept addressing
efficiencies in cost estimation, booking, and end to end tracking
and air freight visibility.
In a volatile international shipping ecosystem, pricing
transparency, rapid capacity procurement and route flexibility are
king. With Freightos Enterprise Solutions, Electrolux Group
aims to optimize freight spend and improve freight decision-making
to deliver supply chain agility and efficiency and, most
importantly, to help its customers shape living for the better by
getting its products to where they need to be - in the hands of
consumers. In addition to powerful analytics and workflows,
Freightos Enterprise Solutions enables the Electrolux Group
procurement team to make real-time, door-to-door air cargo
procurement decisions including the ability to conduct instant
electronic air cargo bookings with airlines via their existing
logistics providers. The result is a dramatic cost and time saving
while increasing supply chain visibility and agility.
As Daniel Cole, Logistics
Purchasing Director at Electrolux Group said, "Freightos empowers
our planners to book the freight that they need at the cost and
delivery time which is aligned with their budget and requirements.
This removes unnecessary back and forth between planners and
buyers, all while giving us in Purchasing the consolidated data to
influence future supplier decisions."
Since its founding in 1919, Electrolux Group has been synonymous
with innovation and operational excellence not only in its products
and manufacturing processes but also in supply chain.
Freightos CEO Zvi Schreiber
welcomed the partnership, saying, "For 25 years enterprises have
utilized electronic booking for their business travel, saving time
and money. Finally, today they can do the same for their air
cargo, in cooperation with their chosen freight forwarders. The ROI
is phenomenal, electronic bookings save days of elapsed time, often
tens of percent of cost, and provide much greater supply chain
flexibility and visibility. We look forward to continuing our
collaboration with Electrolux who are proving to be world class
leaders in supply chain innovation."
Freightos' platform also has the option to select and book
freight routes based on estimated carbon emissions.
Paolo Galli, VP of Electrolux Group
Logistics Operations, said, "Freightos solution will be a key
enabler for process transparency, visibility and control. Carbon
emissions will be one of the relevant elements we will have the
opportunity to govern, analyzing past performances but even more
important making CO2 as part of our decision process. This puts
Freightos at the core of our Sustainability strategy."
Electrolux Group's forwarders welcomed the partnership with
Freightos, as Patrick Moebel,
president and chief executive officer of FedEx Logistics, shared,
"Speed, simplicity, and seamless distribution have always been our
value proposition at FedEx. We look forward to providing service to
Electrolux through our relationship with Freightos and helping to
keep them at the forefront of innovation and operational
excellence."
For more information, go to freightos.com/enterprise.
About Electrolux Group
Electrolux Group is a leading global appliance company that has
shaped living for the better for more than 100 years. We
reinvent lifetime taste, care and wellbeing experiences for
millions of people, always striving to be at the forefront of
sustainability in society through our solutions and operations. In
2022, Electrolux Group had sales of SEK 135
billion and employed 51,000 people around the world. Our
headquarters are located in Stockholm,
Sweden, and the Electrolux share (ELUXb) is listed on Nasdaq
OMX Stockholm. Under our brands, including Electrolux, AEG and
Frigidaire, we sell approximately 60 million household products in
over 120 markets every year.
About Freightos
Freightos® (Nasdaq: CRGO) is the leading, vendor-neutral
booking and payment platform that connects carriers, freight
forwarders, and importers/exporters to make international shipping
faster, more cost-effective and more reliable. Freightos
operates freightos.com, a global freight marketplace for importers
and exporters, Clearit, a digital customs brokerage, and Freightos
Terminal, a one-stop global freight market intelligence solution
that offers data on real-time pricing, transit times, the Freightos
Air Index (FAX) and Freightos Baltic Index (FBX), and a news
feed
MEDIA CONTACT:
Freightos Tali Aronsky, PR Lead
press@freightos.com
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SOURCE Freightos