Case Study: Leading Freight Transportation Company saves $1.4 million with ProKarma

Leading freight transportation company saves $1.4 million

Leading Freight Transportation Company, a major North American freight railroad with a 32,000-mile network across 28 states and more than 45,000 employees, needed better visibility into business spend. Despite having an in-house procurement team, it lacked the ability to analyze suppliers, regional spend, and other key metrics across hundreds of thousands of purchase order items.

ProKarma (PK) analyzed a year of purchase orders across eight material classes, cleansing, categorizing, and rationalizing more than 400,000 data records to uncover sourcing opportunities and supplier inconsistencies. ProKarma identified pricing and supplier-name issues, recommended supplier rationalization and normalization, and helped the company improve spend visibility and procurement control, leading to an estimated $1.4 million in annual savings.