Challenges Driving Transportation Optimization Initiatives
Today companies must solve an ever more complex transportation puzzle within the global supply chain context and global economic environment.
Transportation management systems have become an essential basis for best in-class companies, suppliers, and customers to plan, automate, optimize, and collaborate on challenges.
Logility’s Karin Bursa discusses how best-in-class companies excel at transportation planning and optimization.
Bob Heaney of the Aberdeen Group presents research survey highlights that illustrate how the path to achieving transportation excellence includes automating and optimizing operations in five key areas: Contract and rates management Routing and SLA compliance Mode shift, rate/lane aggregation and consolidation Route and stop optimization Settlements and Financial Payments.
In addition to reducing freight costs, best-in-class companies exploit powerful transportation management solutions to secure capacity and improve overall transportation operating efficiency. These systems handle the “big data” created by shipments, customers, items, and products that flow day-in and day-out, and measure performance over time.
Whitepaper: Five Keys to Transportation Optimization Success
Transportation management systems uniquely address and overcome the challenges outlined above, allowing supply chain teams to be more responsive and plan strategically to stay cost-efficient. Here are five key areas in which an advanced transportation management solution can reshape an organization’s competitiveness and profitability.