You have implemented a sophisticated transportation management system (TMS), established a strategic bidding process to beat market carrier rates, and utilized optimization technologies to find more freight consolidations and shift LTL to Full Truckload. You have also looked into pooling or cross dock usage, worked with carriers to create loops or continuous moves, and maximized usage of your backhaul. Part 1 of 3 in this whitepaper series will describe an achievable strategy for supply chain organization to reduce freight spend by at least 7%, through a collaborative, technology-enabled approach to Logistics and Purchasing planning.
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