Challenge: Client had multiple divisions/business units that operated independently with their own set of carrier rates, payment processes, shipping systems and no visibility of their freight practices/ spend across all locations.
Solution: CTSI-Global consolidated each business unit under one freight payment process, giving them complete visibility of their transportation spend for the entire organization. Client also implemented CTSI-Global’s Web-based TMS applications for headquarters to standardize shipping systems across each division.
Results: CTSI-Global re-rated all their shipments, performed modeling, break-even analysis, reviewed data and made recommendations to execute Carrier Contract Negotiations. The information gathered from freight bill audit & payment and TMS applications, enabled Client to leverage their freight spend across all locations and negotiate contracts at a lower rate. The TMS Routing Guide reflected the new contracts to ensure the optimal carrier for each shipment was selected. Now, reports are generated to monitor on-going savings, performance metrics for continuous process improvement.
About the Solution Provider: Since 1955, CTSI-Global has provided valuable logistics insight, solutions and services, helping shippers and 3PL's to manage their physical, informational and financial supply chains. By providing TMS, Business Intelligence, Freight Bill Audit and Payment and Consulting, CTSI-Global gives clients more control, improved efficiencies and a cost-effective process for greater savings.