More and more companies are looking to reduce freight costs. Reducing your overall freight spend is a function of understanding how products move through your supply chain from order to cash. By understanding the entire process, we can design a customized solution for freight cost reduction that may include any or all of the following methods:
- Mode optimization: This method looks at your current mode strategy to determine if shifting to different mode utilizations could reduce costs.
- Route Optimization: Whether it’s LTL, Multi-stop Truckload or Parcel, determining the routes through which you distribute your products can be an area of cost reduction.
- Carrier Optimization: By looking at many of the top carriers in the industry available to you, you can determine your shipments based on cost, lead times, service levels and business requirements.
Your supply chain has a financial impact on each area of your company, and your supply chain is unique to your company. By understanding your products, customers, routes, lanes and carriers, we could uncover the potential to aggregate multiple shipments into one single shipment that could save thousands of dollars each week. Or perhaps we may find an opportunity to reduce costs by restructuring distribution routes.
Regardless of the challenges you face, our goal is to completely understand your supply chain to identify potential opportunities and develop a robust solution that helps you reduce costs and provides long-term value.
To learn more about reducing your freight costs visit the Savings tab on our Logistics page.