Intelligence Platform Debuts
July 19, 2021
Shipping Intelligence Platform is a Software-as-a-Service (SaaS)
based analytics, contract analysis and negotiation solution
that will help customers ensure they are always receiving
the most beneficial parcel shipping rates, leveling the
playing field with carriers.
Reveel's Shipping Intelligence Platform monitors contracts
and alerts users to agreement expirations, utilizes advanced
data science and analytics to identify and recommend cost
reduction opportunities, enables a continuous improvement
process to optimize parcel shipping spend and establishes a
first-in-the industry program - the Reveel Peer Index, or
RPI - to benchmark shippers against their peers.
The small parcel industry has been a duopoly for many years.
Package shipping agreements from the major two carriers are
overly complex, with hundreds of terms. Because of their
market advantage, the lack of transparency, and the massive
increase in volume due to the pandemic, carriers are able to
raise rates and increase surcharges almost at will (rates
increased by an average of 4.9% at the start of the new year
and new surcharges were announced in May 2021).
As any company shipping high-volume parcels knows, shipping
performance can mean the difference between gaining or
losing market share. Shipping rate increases can also be
particularly detrimental in highly competitive markets where
margins are low.
With the Shipping Intelligence Platform, Reveel eliminates
the complexity and confusion around modern carrier
agreements to deliver the data and information shippers need
to attain the best rates and terms. Reveel guarantees that
any shippers using the platform will realize cost savings of
at least 3% and as much as 29%, based on the solution tier
"With the launch of this Platform, we are fundamentally
changing the way the industry looks at parcel shipping
expenses by giving leverage back to individual shippers,"
said Josh Dunham, co-founder and managing partner of Reveel.
"For years, carriers have thrived because of complex,
confusing agreements that they themselves don't always
adhere to. Shipping Intelligence changes this by providing
the individual contract and industry-wide information and
transparency needed to level the playing field."
Reveel increases efficiencies and cost savings through a
"flywheel effect" process that follows contract analysis and
negotiation with an advanced analytics platform that
actively manages, monitors and alerts customers of ways to
get the most out of carrier agreements, based on myriad
factors including shipping volume and existing terms.
Shipping Intelligence arms organizations with industry best
practice data and information of singular value in
renegotiating existing shipping contracts.
"As a longtime customer of Reveel and a participant in the
pilot of its Shipping Intelligence Platform, we've seen
firsthand how easy it has made it to understand our carrier
agreements and identify and secure savings options that we
would never have discovered previously," said Brandon
Beasley, VP of Operations at Gunner Kennels. "The visibility
gained by being able to quickly analyze multiple agreements
and see the overall effect it will have on profitability and
shipping spend is revolutionary - and please don't take that
comment as hyperbole. This tool is a game-changer."
The platform includes the following key features for
organizations' shipping leaders:
Audit Credits: Shippers no longer have to share up to half
of their audit credits with a vendor. With the free version
of Reveel's platform, shippers get to keep 100% of their
Reveel Peer Index (RPI):
Through hundreds of interviews with actual shippers, Reveel
has distilled the 6 most important metrics shippers need to
manage their shipping costs, called VitalFactors. RPI is a
peer index calculation using proprietary data science
algorithms, based on millions of shipping data points, that
compares a shipper's VitalFactors against industry peers
that share a similar shipping profile. With RPI, shippers
will know exactly how well they are performing against their
peers - and what needs to be done to improve.
Upload competing carrier agreements, choose a time period of
data, and see a detailed side-by-side comparison of savings
broken out by each service. Agreement Comparison gives
shippers full transparency and clarity into highly complex
Cost savings and efficiencies are provided through
groundbreaking Agreement Monitoring technology that
proactively alerts shippers of expiring discounts or changes
in revenue tiers before they impact the business.
Advanced algorithms and analytics are utilized to
continuously monitor shipping data and extract Actionable
Insights that provide practical ideas on how to reduce
"Previously, it had been
difficult to quantify whether you were successfully managing
your shipping expenses cost-effectively. Without a way to
understand what the competition was doing and whether you
were matching or exceeding their efforts, success or failure
remained guesswork. The Reveel RPI changes that for good,"
The Reveel Shipping Intelligence Platform is available now.
There are three tiers available: the free Essential tier,
which offers audit credits and peer comparisons;
Professional, which adds additional agreement management and
actionable insights; and Enterprise, which adds contract
analysis, negotiation and white glove service.