Lynkit,
an end-to-end supply chain solutions and automation provider, has partnered
with Xeneta, the global leader in ocean and air freight market intelligence. Together, they aim to empower businesses
across India with validated buying rates, enabling more innovative, strategic
procurement in ocean and air freight. This partnership brings
together their robust freight market intelligence tool and real-time, validated
freight rates across global trade routes and airport connections from Xeneta. Businesses in India can now confidently
navigate the complexities of freight procurement.
“Lynkit ensures businesses have access to
actionable insights, leveling the playing field for companies seeking to
optimize their supply chains,”
said Thorsten Diephaus, VP of Strategic Alliances at Xeneta. “This collaboration
simplifies freight procurement by offering critical benchmarking data that
enables Indian companies to secure competitive rates and plan logistics more
effectively.”
Key capabilities available via the Lynkit
platform, powered by Xeneta data: Comprehensive Market Data: Access to over
500 million freight rates, spanning 160,000 global ocean trade routes and
58,000 airport-to-airport connections; Rate Benchmarking: Ability to compare
spot, short-term, and long-term rates to ensure cost-effectiveness and avoid
overpaying;Predictive Insights: Analyze freight trends to anticipate market
fluctuations, aiding strategic planning in supply chain operations and Enhanced
Negotiation Power: Ability to identify fair rates for imports and exports, and
whether or not businesses directly pay for shipping costs, ensuring better
deals and lower landed costs.
“We are thrilled to join forces with Xeneta,” said Uddhav Kumar, CEO
and Co-founder of Lynkit...The partnership is not just about rate benchmarking;
it empowers businesses to make smarter choices across the supply chain. The
Lynkit solution provides end-to-end visibility and control, from identifying
cost-effective suppliers to choosing reliable freight partners and planning
inventory.
With this collaboration, Lynkit and Xeneta
are redefining freight procurement for businesses in India. They offer a
powerful combination of technology and data to overcome traditional barriers
and unlock new opportunities in logistics and transportation management.