GREEN BAY, Wis., June 12, 2018 (GLOBE NEWSWIRE) -- Schneider (NYSE:SNDR), a premier provider of transportation and logistics services, has teamed with JAGGAER, the world largest independent spend management company, to save shippers on spot transportation requests. Using Schneider Logistics’ BidSmart® methodology and JAGGAER’s Advanced Sourcing Optimizer (ASO), Schneider achieved market benchmarking results of 30 percent savings on customers’ transportation sourcing.

Schneider’s drive to innovate was spurred by a true market need: sourcing bids for distressed freight. This integration represents a significant move in the digital transformation of the logistics industry as these bids were previously collected through dated technologies such as emails and faxes, and choices were further limited by time. Using JAGGAER’s ASO, Schneider’s BidSmart moves the entire process onto a digital platform, and Schneider now quickly identifies and analyzes options to optimize shippers’ spot transportation requests.

“Incorporating JAGGAER within our technology platform supports Schneider Logistics’ ability to deliver a market-leading ROI,” said Mike Kukiela, Schneider vice president and general manager of supply chain management. “The collaboration on technology-enabled services demonstrates the strong commitment of both organizations to lead the industry in delivered customer value and innovation.”

Typically, a time-sensitive shipment in a demand-led market is moved by the first carrier that responds to a bid, removing the option of true choice, efficiency and savings from the equation. Schneider’s enhanced solution enables fast assessment of all bids, based on multiple variables, to yield immediate savings simply on the expanded choice set alone.

“Schneider’s adoption of our ASO technology is a model of vendor and customer collaboration,” said Rob Bonavito, CEO of JAGGAER. “Our solutions serve as catalysts for innovations that can fundamentally change how companies operate and serve their industries. It’s by listening to and working with customers like Schneider that enables JAGGAER to produce technologies that create market differentiation.”

For more information on how Schneider’s BidSmart can optimize the bid process, visit www.schneider.com.

About SchneiderSchneider is a premier provider of transportation and logistics services. Offering one of the broadest portfolios in the industry, Schneider’s solutions include Regional and Long-Haul Truckload, Expedited, Dedicated, Bulk, Intermodal, Final Mile, LTL, Brokerage, Warehousing, Supply Chain Management and Port Logistics.

A $4 billion company (2016 revenue), Schneider has been delivering superior customer experiences and safely getting it done for over 80 years. For more information about Schneider, visit www.schneider.com or follow on Twitter: @WeAreSchneider.

About JAGGAER Global Indirect and Direct Spend Management SolutionsJAGGAER is the world’s largest independent spend management company, with over 1,900 customers connected to a network of 3.7 million suppliers in 70 countries, served by offices located in North America, Latin America, throughout Europe, the United Kingdom, Australia, Asia, and the Middle East. JAGGAER offers complete SaaS-based indirect and direct eProcurement solutions with advanced spend analytics, complex sourcing, supplier management, contract lifecycle management, savings tracking, and intelligent workflow capabilities. We have pioneered spend solutions for over two decades and continue to lead the innovation curve by listening to customers and analyzing the market. Our solution suites are trusted by the world’s largest education, manufacturing, health care, retail, consumer package goods, logistics, construction, utilities companies and public service organizations. Additionally, JAGGAER holds 38 patents – more than any other spend management company. For more information about JAGGAER, visit www.JAGGAER.com or follow on Twitter: @JaggaerPro

Media Contacts:

JAGGAERSteve Lundin(312) 602-2434 slundin@jaggaer.com

Hiebing Hiebing Lauren Smith Erin Elliott (608) 268-4408 (920) 592-3555 lsmith@hiebing.com eelliott@hiebing.com