What is The Network Effect?
“The Network Effect” exists when the addition of another person or company makes all the existing members of the network better off. Consider social networks like LinkedIn and Facebook, every time a new member joins the network it becomes more useful, more powerful.
What is The Network Effect’s Role in Transportation Management?
The Network Effect exists in transportation when the addition of another shipper, carrier, broker, freight marketplace or other participant to the network benefits all members. Members of such a network leverage opportunities including quickly and efficiently matching demand with supply; executing transactions in a more streamlined and automated way; and providing everyone with network-based business intelligence and analytics. Cloud-based transportation management systems (TMS) have the power to connect all logistics stakeholders to collaborate and find efficiencies.
Why is Kuebix’s Network Different?
Other companies have tried to harness the power of shipping communities to improve transportation operations in the past and failed. Kuebix’s network is different because the community is built upon a robust transportation management system that users interact with on a day-to-day basis. That means shippers are accessible when opportunities for collaboration arise.
Kuebix has connected its shippers with thousands of carriers, suppliers, brokers, 3PLs, private fleet owners, freight marketplaces and freight forwarders to add value to every member of the network. The result has been the rapid expansion of Kuebix TMS with well over 16,000 companies using the system, and a massive connected Kuebix ecosystem fueled by the Network Effect.