• Advertise
  • Contact Us
  • About Us
  • Supplier Directory
  • Login
  • Subscribe
  • Logout
  • My Profile

  • CORONAVIRUS
  • LOGISTICS
    • Air Cargo
    • All Logistics
    • Express/Small Shipments
    • Facility Location Planning
    • Freight Forwarding/Customs Brokerage
    • Global Gateways
    • Global Logistics
    • Last Mile Delivery
    • Logistics Outsourcing
    • LTL/Truckload Services
    • Ocean Transportation
    • Rail & Intermodal
    • Reverse Logistics
    • Service Parts Management
    • Transportation & Distribution
  • TECHNOLOGY
    • All Technology
    • Artificial Intelligence
    • Cloud & On-Demand Systems
    • Data Management (Big Data/IoT/Blockchain)
    • ERP & Enterprise Systems
    • Forecasting & Demand Planning
    • Global Trade Management
    • Inventory Planning/ Optimization
    • Product Lifecycle Management
    • Sales & Operations Planning
    • SC Finance & Revenue Management
    • SC Planning & Optimization
    • Sourcing/Procurement/SRM
    • Supply Chain Visibility
    • Transportation Management
  • GENERAL SCM
    • Business Strategy Alignment
    • Education & Professional Development
    • Global Supply Chain Management
    • Global Trade & Economics
    • HR & Labor Management
    • Quality & Metrics
    • Regulation & Compliance
    • SC Security & Risk Mgmt
    • Sustainability & Corporate Social Responsibility
  • WAREHOUSING
    • All Warehouse Services
    • Conveyors & Sortation
    • Lift Trucks & AGVs
    • Order Fulfillment
    • Packaging
    • RFID, Barcode, Mobility & Voice
    • Robotics
    • Warehouse Management Systems
  • INDUSTRIES
    • Aerospace & Defense
    • Apparel
    • Automotive
    • Chemicals & Energy
    • Consumer Packaged Goods
    • E-Commerce/Omni-Channel
    • Food & Beverage
    • Healthcare
    • High-Tech/Electronics
    • Industrial Manufacturing
    • Pharmaceutical/Biotech
    • Retail
  • REGIONS
    • Asia Pacific
    • Canada
    • China
    • Europe
    • Latin America
    • Middle East/Africa
    • North America
  • THINK TANK
  • WEBINARS
  • PODCASTS
  • VIDEOS
  • WHITEPAPERS
Home » Drawing a Roadmap to Transportation Savings

Drawing a Roadmap to Transportation Savings

October 30, 2015
SupplyChainBrain

The question of how shippers can reduce their transportation costs conjures up "a situation with a lot of moving parts," Bentz says. "It requires a level of skill and experience to get the optimum network out of it."

There is, of course, a certain amount of “low-hanging fruit” to be picked. Shippers can identify early opportunities to cut costs, but they should also be looking at their transportation programs holistically. They need to consider the entire network of freight flows, both inbound and outbound. The key to optimizing the transportation portfolio to meet demand is the use of advanced mathematics and analytics, Bentz says.

It’s still possible to optimize one’s transportation program even if one doesn’t control every aspect of it. “Control is not the operative word.” Bentz says. “It’s really [all about] how I take cost out of my supply chain.” He says shippers should work closely with suppliers, with emphasis placed on the maintenance of core-carrier programs.

Shippers are liable to overlook valuable opportunities for lowering transportation costs. Deregulation has placed too much of an emphasis on discounting. “That horse has been driven into the ground,” Bentz says. Still, competition is a valuable tool for controlling prices, as well as offering carriers the opportunity to improve their utilization rates.

From the start, one of the biggest challenges that shippers face is turning raw data into usable information. “Most clients I’ve worked with have had challenges getting accurate data in a timely fashion,” Bentz says. Shippers need to examine their costs in the light of restructuring and optimization efforts, to the point of engaging in total portfolio management.

“By balkanizing the effort, you miss opportunities,” says Bentz. “Air and ocean freight has to hit the road at some point.”

To view the video in its entirety, click here

RELATED CONTENT

RELATED VIDEOS

Logistics Global Logistics Logistics Outsourcing LTL/Truckload Services Rail & Intermodal Transportation & Distribution Technology Inventory Planning/ Optimization SC Planning & Optimization Transportation Management Business Strategy Alignment Regulation & Compliance Warehouse Management Systems
KEYWORDS 3PL Brooks Bentz Business Strategy Alignment Global Logistics Inventory Planning/ Optimization Logistics logistics management logistics management: all logistics Logistics Outsourcing logistics services LTL/Truckload Services president of supply chain consulting with Transplace Rail & Intermodal Regulation & Compliance SC Planning & Optimization supply chain Supply Chain Management Supply Chain Planning Technology Third-Party Logistics Transportation & Distribution Transportation Management Warehouse Management Systems
  • Related Articles

    Drawing a Roadmap to Transportation Savings

    Supply Chains: Where to Find the Biggest, Fastest Transportation Savings

    Supply Chains - Where to Find the Biggest, Fastest Transportation Savings

  • Related Directories

    Kuebix

    SnapFulfil

SupplyChainBrain

100 Great Supply Chain Partners Issue 2009

More from this author

Wake up to Coronavirus Updates and the latest Supply Chain News!

Subscribe to our Daily Newsletter

Timely, incisive articles delivered directly to your inbox.

Popular Stories

  • Coronavirus-watch-Armada

    Virus Update: Cadila Looks to Double Vaccine Capacity; Pfizer Makes South Africa Deal After Standoff

    Coronavirus
  • Ocado

    Kroger Is Amassing a Robot Army to Battle Amazon, Walmart

    Logistics
  • Why Is There a Global Semiconductor Shortage?

    Watch: Why Is There a Global Semiconductor Shortage?

    Coronavirus
  • Gig Worker

    The Gig Economy Is Booming, Despite Debates Over Workers’ Rights

    Logistics
  • Mathematics

    Solving Supply-Chain Disruption Comes Down to Mathematics

    Data Management (Big Data/IoT/Blockchain)

Digital Edition

Scb feb 2021 lg

2021 Supply Chain Management Resource Guide

VIEW THE LATEST ISSUE

Case Studies

  • Remote Implementation: A Dose of the Right Medicine for B2B Pharmacy

  • LSP Saves Customer $1.5 Million a Year With MPO Global Inbound Management

  • Auto Supplier Wows Key Client Using riskmethods Supply Chain Savvy

  • Integrating Shipping and Compliance Saves Conglomerate Millions

  • How a Consumer Goods Giant Upped Its On-Time Delivery Performance

Visit Our Sponsors

Yang Ming 6 River Systems ArcBest
Armada aThingz BluJay
Burris Logistics DSC Logistics DCSA (Digital Container Shipping Association)
DHL Resilience360 Flash Global Genpact
Geodis GEP GreyOrange
Honeywell Corporate Honeywell Intelligrated Infor
Inmar Kibo Commerce Kinaxis
Logility Magnitude Software MPO
Old Dominion Oliver Wight OpenSky
Paccurate Ports America Purolator
QAD Precision Red Classic Riskmethods
S&H Systems Snapfulfil TGW Systems
Tradepoint Atlantic Transportation Insights Watson Land Company
Westfalia Technologies Workjam
  • More From SCB
    • Featured Content
    • Video Library
    • Think Tank Blog
    • SupplyChainBrain Podcast
    • Whitepapers
    • Webinars
  • Digital Offerings
    • Digital Issue
    • Subscribe
    • Manage Your Subscription
    • Newsletters
  • Resources
    • Events Calendar
    • SCB's Great Supply Chain Partners
    • Supplier Directory
    • Case Study Showcase
    • Supply Chain Innovation Awards
    • 100 Great Partners Form
  • SCB Corporate
    • Advertise on SCB.COM
    • About Us
    • Privacy Policy
    • Contact Us
    • Data Sharing Opt-Out

All content copyright ©2021 Keller International Publishing Corp All rights reserved. No reproduction, transmission or display is permitted without the written permissions of Keller International Publishing Corp

Design, CMS, Hosting & Web Development :: ePublishing