Trimble and Procter & Gamble to Collaborate in Transforming Transportation Procurement

Rhea-AI Summary

Trimble (NASDAQ: TRMB) announced a strategic partnership with Procter & Gamble on September 15, 2021, aimed at enhancing transportation procurement processes. This collaboration will develop a new agile platform for shippers and carriers, optimizing relationships and streamlining contracting and onboarding. The initiative builds on Trimble's commitment to improve supply chain efficiency by leveraging Procter & Gamble's industry expertise. The focus on technology aims to create cost-effective freight movement and dynamic partnerships within the transportation sector.

Positive

• Strategic partnership with Procter & Gamble to enhance transportation procurement.
• Development of an agile platform to optimize procurement and improve shipper-carrier relationships.
• Efforts to expedite contracting and onboarding processes, increasing transaction velocity.

Negative

• None.

SUNNYVALE, Calif., Sept. 15, 2021 /PRNewswire/ -- Trimble (NASDAQ: TRMB) today announced a new strategic relationship with Procter & Gamble to enhance how shippers and carriers partner during the transportation procurement process. This initiative will shape the development of an agile transportation procurement collaboration platform from Trimble that will complement its existing set of supply chain-focused solutions.

"We look forward to working closely with P&G to leverage their extensive supply chain expertise to improve the procurement process for both shippers and carriers through technology," said James Langley, Senior Vice President, Trimble Transportation. "This effort extends Trimble's commitment to create solutions that enable all stakeholders to work together more efficiently and effectively within a connected transportation supply chain."

Procter & Gamble will inform the creation of a dynamic platform with a focus on optimizing the procurement of transportation capacity, creating closer shipper and carrier relationships and helping each find the right partners. The platform will also expedite the contracting and onboarding process to increase the velocity of business transactions while enabling more cost-effective movement of freight.

"This collaboration empowers us to pair P&G's industry intelligence with Trimble's deep experience in transportation technology," said Michelle Eggers, Vice President, Global Logistics Purchases, Procter & Gamble. "Technology has the ability to transform and connect the supply chain as we know it today, leveraging smart solutions to create efficiencies and advance the North American transportation industry for everyone it serves."

About Trimble Transportation

Trimble Transportation is transforming the supply chain by empowering stakeholders—drivers, carriers, intermediaries and shippers—to connect via a common platform in order to integrate data and optimize procurement, planning and execution workflows to effectively maximize resource utilization. The unmatched combination of Trimble's enterprise transportation management systems (TMS) and asset maintenance solutions for the back office, driver mobility solutions and routing and navigation capabilities enable customers to more holistically respond to the challenging transportation demands driven by today's dynamic supply chain. For more information, visit:  transportation.trimble.com.

About Trimble

Trimble is an industrial technology company transforming the way the world works by delivering solutions that enable our customers to thrive. Core technologies in positioning, modeling, connectivity and data analytics connect the digital and physical worlds to improve productivity, quality, safety, transparency and sustainability. From purpose-built products to enterprise lifecycle solutions, Trimble is transforming industries such as agriculture, construction, geospatial and transportation. For more information about Trimble (NASDAQ:TRMB), visit: www.trimble.com.

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SOURCE Trimble

FAQ

What is the purpose of Trimble's partnership with Procter & Gamble?

The partnership aims to enhance transportation procurement processes through the development of an agile collaboration platform.

When was the strategic relationship between Trimble and Procter & Gamble announced?

The partnership was announced on September 15, 2021.

What are the expected benefits of the new platform developed by Trimble?

The platform aims to optimize procurement capacity, improve shipper-carrier relationships, and expedite the contracting process.

How will the partnership impact the transportation industry?

It is expected to create efficiencies and enhance collaboration in the North American transportation sector.

What technology focus will Trimble and Procter & Gamble leverage in their collaboration?

They will leverage technology to transform and connect the supply chain, optimizing processes and enabling smart solutions.