As we all know, freight capacity throughout North America is tightening. A shortage of drivers, new government regulations and rising fleet costs are making it increasingly challenging for trucking companies to operate their fleets. As a result, carriers are being selective in terms of the shippers for whom they will offer their fleet capacity. Smart […]
Becoming a Best in Class Shipper – 9. Carrier Friendly
Throughout this series of blogs, the focus has been on how Best in Class shippers ensure their freight is delivered at the right place, at the right time and intact. The beauty of freight management is that so much about transportation is measurable. Over the years we have observed how Best in Class shippers pull […]
Becoming a Best in Class Shipper – 7. Strategy
9 years ago
Success in business comes from crafting and executing effective business strategies. The attainment of strong financial performance comes from integrating and aligning the various strategies of the business into a cohesive force. A company’s supply chain strategy, of which transportation strategy is a key component, is often a critical piece of the company’s business strategy. […]
Becoming a Best in Class Shipper – 6. Technology
9 years ago
The previous blog focused on some of the core freight management processes that are part of a company’s supply chain. For many years, prior to the age of computers and tablets, these processes were performed with manual procedures, calculators and spreadsheets. Some companies still use spreadsheets to manage a few or all of these processes. […]
Becoming a Best in Class Shipper – 5. Process
9 years ago
One can view a supply chain as a series of processes. From inbound freight management, the process of picking up raw materials, to last mile delivery, freight management is a group of practices and procedures that, when performed well, are seamlessly integrated to ensure a company’s goods, arrive on time, at the right place, damage […]
In many firms, freight costs can be in the millions or tens of millions of dollars. This large expense can represent a significant percent of a company’s revenue. As a large expense item, it needs to be managed very skillfully. The first blog in this series (http://www.dantranscon.com/index.php/blog/entry/becoming-a-best-in-class-shipper-1-freight-data-management) looked at the need for detailed, accurate, freight […]
Becoming a Best in Class Shipper – 3. Leadership
9 years ago
It takes leadership and management skill to become a Best in Class shipper. One question many companies face is where should Transportation fit within the company’s organization structure? Clearly one size does not fit all since manufacturers may have freight budgets ranging from a few hundred thousand dollars to tens of millions of dollars. The […]
Becoming a Best in Class Shipper – 2. Knowledge
9 years ago
Best in Class shippers possess an understanding of the following subjects. Modal options and trade-offs (e.g. Air, Road, Rail, Marine) Carrier selection and management in each mode of transport Routing guide preparation and compliance tracking Best practices in border crossing and border security (e.g. C-TPAT, AMPS) Freight rates and freight […]
Many manufacturers and retailers throughout North America spend millions of dollars a year on freight transportation. Freight costs can represent between 1 and 10 percent of a company’s operating revenue, one of the largest cost items. They are often treated as a necessary evil. From time to time a shipper may try out […]
Freight Bid Tip # 4. Cast a Wide Net in Selecting Carriers and Freight Management Companies
10 years ago
There are thousands of freight carriers, load brokers and logistics service providers throughout North America. One of the important elements of an effective freight bid is to seek out those carriers that can provide the best combination of service, capacity and rates to meet the unique needs of your business. Over the years, we […]