BLOG: The Secret to Deliver Freight On Time.
It’s already 4:30PM on a Wednesday evening and you’re still trying to finalize how your freight will be moved after your primary, secondary and tertiary carriers tender reject- again! So much for guaranteed carriers, because when capacity tightens they seem to pass on your loads. So what do you do when operations is breathing down your neck to get the goods moved so there’s limited disruption to your supply chain?
The traditional "Hail Mary" would be to leverage costly brokers, which means you’re probably going to blow your planned budget allocation. Even though you dread working with brokers because of unresponsiveness, rate hikes, and poor service, they are your only option. Unfortunately, you’re at a major disadvantage because as other processes within the supply chain have evolved, the systematic process of procuring freight hasn’t changed for decades.
New OTD trucking software has reinvented the traditional way to procure freight. It's helping shippers, just like you, bypass brokers to avoid rate hikes and poor service. Users are achieving industry-leading OTD, 95.5%+, by dynamically opening up a large universe of asset-based truckload capacity when needed most. Users are also controlling cost by setting lane rates based on current supply and demand. They also get 100% visibility to ALL rate and carrier data, usually hidden by brokers, to make stronger carrier decisions.
So if you absolutely need to improve your OTD and OTIF scores, the fastest and easiest way to go about it is to update your freight procurement process with smart technology.
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Successful manufacturers are always on the hunt for ways to reduce cost of goods sold to help drive margin growth. The supply chain offers a smart place to start because it is one big, connected machine that impacts every part of the business. Usually when one element goes off track, consequences are felt throughout. Time and money have been spent to optimize supply chain processes to mitigate risk and limit the slowdown of goods produced and moved.
But there is one critical supply chain process that has remained unchanged and inefficient. Unfortunately, this process is not equipped to handle today’s market volatility. Manufacturers across the US continue to use this old, rigid process because no other options exist to replace it- until now!
We are talking about the freight procurement process.
Continuous improvement, fueled by technology, within the supply chain is how manufacturers remain agile. But one critical process remains unchanged and is not equipped to handle today's market volatility. Ask yourself, does your company rely on primary carriers and overpay once they reject your loads? Does your company remain at the mercy of freight brokers and the spot market to keep goods moving?
If you’ve answered yes, then your freight procurement process is not optimized, and your supply chain is at risk. The traditional way to procure freight is too rigid and static, paving the way for massive budget overages, poor OTD, distribution bottlenecks, and unhappy customers. Learn how shippers are now leveraging software to overcome increased freight procurement challenges.
Supply Chain Experts from Sleek Technologies & 101 Solutions examine:
1. How freight capacity impacts the supply chain.
2. What shippers are doing to achieve 95.5% OTD & up to 20% TL savings in today's volatile market.
Looking to solve for something else?
How to Make Freight Procurement Agile, Saving Millions in Freight Spend & Penalties
How Freight Procurement Will Help Avoid Distribution Bottlenecks
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How to Maintain Your Supply Chain Advantage Through Freight Procurement
How to Effectively Manage Freight Spend & Budget Overages in Any Market Condition