Transportation Insight Wins SDCE100 Award for Delivering End-to-End Supply Chain Value
HICKORY, NC (May 28, 2015) – Transportation Insight, a leading global third-party logistics (3PL) provider, announces winning the SDCE100 Award for the second consecutive year from Supply & Demand Chain Executive magazine. Transportation Insight was chosen for helping a leading consumer goods distributor quantify and control supply chain costs associated with serving customers in their highly competitive market. Deploying Transportation Insight’s Enterprise Logistics solution of carrier sourcing, freight bill audit and payment services, state-of-the-art transportation management system (TMS) applications and business intelligence reduced the total logistics-related costs by 18 percent, which equates to millions of dollars in savings.
“We are honored to once again receive this prestigious award from Supply & Demand Chain Executive for helping clients achieve excellence within their supply chains,” says Transportation Insight President and CEO Chris Baltz. “With our bundled Enterprise Logistics solutions and Extended LEAN® continuous improvement methodology, our clients receive significant improvements across their end-to-end supply chains. From transportation planning to supply chain analytics and technology solutions, Transportation Insight helps clients be more responsive to their customers’ needs while keeping costs in check and aligning business strategies for overall performance improvement and sustained growth.”
“Our readers count on Supply & Demand Chain Executive for intelligence and decision-making information on solutions and best practices for supply chain transformation,” says Barry Hochfelder, editor of Supply & Demand Chain Executive. “With this year’s Supply & Demand Chain Executive 100, we are featuring ‘100 Great Supply Chain Projects’ that demonstrate the broad spectrum of opportunities for enabling excellence in the supply chain. The projects featured can serve as a roadmap for supply chain executives looking for new opportunities to drive improvement in their own operations.”
Transportation Insight delivered a co-managed, bundled Enterprise Logistics solution that gave its client total visibility and control of their entire logistics operations while reducing costs. Transportation operations were centralized, giving all sales staff visibility of freight rates and carrier service times during the order entry process. The solution included managing the freight bill audit and payment process with automated GL coding, which handles costs more accurately while off-loading administration of this time-consuming task. A supply chain network analysis resulted in a complete redesign of the client’s entire distribution network, focusing on maintaining or improving customer service levels.
Transportation Insight helped the consumer goods distributor realize substantial benefits including:
- Reduced number of distribution centers by 70 percent while maintaining the ability to deliver products to 95 percent of the US in two days or less.
- Fewer DCs resulted in reduced inventory redundancy, especially slower-moving items.
- Larger volumes inbound to fewer DCs allowed client to buy in larger quantities and utilize cost-effective truckload.
- Centrally managed rate structure and contracts increased company-wide discipline and greatly reduced freight costs.
- Reduced cost and time in accounting department.
- Improved visibility to all inbound and outbound freight costs through comprehensive reporting.
- Enhanced understanding of cost to serve each customer.
The 2015 Supply & Demand Chain Executive 100 are supply chain solution and service providers helping their customers and clients achieve supply chain excellence. They have produced measurable gains in ROI through cost-cutting and increased efficiency, whether in warehouse, transportation, procurement, sourcing or any other category in the end-to-end supply chain. The submissions were evaluated by the magazine’s editorial staff primarily based on: ambitiousness/scope of the project (30 percent); creative application of technologies/solutions/services used (20 percent); extent of the business results/impact (40 percent); clarity of submission (10 percent). Final recipients will be featured with more detail in the cover story of the June 2015 issue of Supply & Demand Chain Executive, as well as online.
About Transportation Insight, LLC
Transportation Insight is a global lead logistics provider with more than $1.8 billion in supply chain spend under management. For over a decade, the 3PL has partnered with hundreds of manufacturers, distributors and retailers to achieve significant cost savings, reduce cycle times and improve customer satisfaction rates by providing customized supply chain solutions. Transportation Insight offers a Co-managed Logistics® form of 3PL, carrier sourcing, freight bill audit and payment services, state-of-the-art transportation management system (TMS) applications and business intelligence. Its logistics services include domestic transportation, supply chain analytics, international transportation, warehouse sourcing, LEAN consulting and supply chain sourcing of indirect materials. For more about Transportation Insight, visit www.transportationinsight.com.
About Supply & Demand Chain Executive
Supply & Demand Chain Executive is the executive’s user manual for successful supply and demand chain transformation, utilizing hard-hitting analysis, viewpoints and unbiased case studies to steer executives and supply management professionals through the complicated, yet critical, world of supply and demand chain enablement to gain competitive advantage. On the Web: www.SDCExec.com.