In going door to door trying to sell a Freight Management service, as well as in my experience working in companies, I have had the opportunity to see a variety of ways in which companies, large and small, were managing their Freight and Logistics spend.
Most everyone felt they were doing a good job already. But I’ve seen instances where Freight is one of the top 5 largest expenses within a company. Yet it is managed by one or two people, with no support, and no visibility from upper management.
Depending on the industry your transportation spend can make up anywhere from 1-10% of your company’s total revenue. Aside from the cost impact the service implications of a poor Freight management system are enormous.
So do you have a strategy for managing Freight and Logistics or are you spinning your wheels?
Continue reading “Freight and Logistics (Part 2) – Do you have a Freight Management Strategy or are you Spinning your Wheels?”
Having come from a company wherein we were selling Freight management services I was curious about Freight spend at this new company. But I could find no one answer to my question.
“How much were we spending on Freight?”
The fact that no one knew the answer raised the first alarm bell. The answers that I got raised a whole slew of other alarm bells.
This was going to be an area that was full of opportunity!
Continue reading “Freight and Logistics (Part 4) – Do You Have Hidden Freight Costs?”
Does anyone like being stuck in a Traffic Jam?
Prior to one Holiday season several years ago the volume that was coming into the Distribution Centre receiving area was unprecedented and unpredicted. We were out of room on the docks and we were out of storage space but trucks kept on coming. And we were still weeks away from being able to ship product to stores to relieve the pressure.
We were gridlocked. We kept inching our way along but we were very, very close to having this traffic jam of activity shut us down.
Continue reading “Freight and Logistics (Part 3) – Breaking the Traffic Jam that is your Supply Chain!”