Take back control! Understand transport companies’ costs and reduce the price you pay for transport.
The trend to ever shorter planning cycles, reduced lead times and higher service levels means there is continued upward pressure on transport costs.
However, shippers can influence the price they pay for transport by understanding the real cost drivers of transport companies and using this knowledge effectively and strategically to adjust their requirements.
The presentation proposes and explains three strategies to take back control of transport costs:
- OPTIMISE COST VS SPEED - includes ways to ensure time parameters are not over-specified which may result in increased prices
- STANDARDISE EQUIPMENT - examples of how to complete a cost benefit analysis on any special equipment or requirements versus the additional cost of procurement
- ANALYSE MARKET DYNAMICS - case studies and advice on why some sites or lanes have structural or organisational issues which affect the price of transport