How to Control Rising Freight Costs in 2021 скачать в хорошем качестве

How to Control Rising Freight Costs in 2021

Here are a few "E" tips, and you can also get in touch at 630.833.0890 or solutions@tranzact.com. More info at www.tranzact.com: First, get Educated about what is happening in the freight and supply chain marketplaces. There’s lots of great information out there at no cost, like our recent interview with Peter Tirschwell about what’s happening in the ocean sector. There are many other free resources as well. Between publications like the Journal of Commerce, DC Velocity, and Logistics Management, incredibly valuable and moderately priced subscription services like FTR and FreightWaves, and great shipper based associations such as CSCMP, NIT League, NASSTRAC and TIA, staying informed and educated is a relatively easy and cost effective proposition. Second, you need to be Equipped to address the challenges of the marketplace and be engaged in this battle. In the past, supply chains have gotten neglected as long as they were running smoothly. And that is why we continue to see shippers who are managing multi – million dollar budgets with Excel spreadsheets, inferior or worse, inaccurate data, and nothing that provides shipment visibility capabilities. It’s obvious: They don’t have the tools they need to do the job! Our message to C-Level and supply chain executives has been and continues to be: Investing in the right tools doesn’t cost money, it saves money by providing an outstanding return on your investment. Third, now that you are educated and equipped, the focus has to be on achieving outstanding Execution. There are things you can do to improve your execution capabilities. Create a Transportation Spend Management Plan that articulates the key opportunities and issues, and identifies the resources required and the individuals/teams that will be responsible for completing the tasks and assignments that need to be done. And there is great news. If you are serious about improving your execution capabilities, our Rapid Assessment is a great place to start! It has proven to be an effective tool in helping companies chart right path forward for controlling their transportation and supply chain costs. If your company needs to tighten up processes for shipping and receiving, replace manual work with technology such as our Constellation TMS, or obtain shipping data through reliable freight auditing, we have a variety of ways to help you and encourage you to get in touch.