Solution: Through a Co-managed Logistics® partnership, Transportation Insight worked across multiple transportation modes to optimize shipping agreements and explore economical service options that met service needs. Bundled Insight TMS® technology enabled automated shipment optimization and execution. Rigorous invoice auditing to carrier contracted rates virtually eliminated invoice overpayment. Data collection from the auditing process yielded actionable business intelligence reporting to support better decision-making. The company partnered with Transportation Insight LEAN consultants to implement one-piece flow production for its most popular products.
Results: Transportation budget reductions (LTL: 24%, truckload: 8%, parcel: 20%); invoice error corrections of 2.9%; lead time reduction by implementing LEAN processes: 60%.
About the Solution Provider: Transportation Insight provides Enterprise Logistics Solutions including carrier sourcing, freight bill audit and payment services, TMS applications, parcel platform (audit, engineering, advanced analytics) and business intelligence. Logistics services include multi-modal domestic transportation, e-commerce solutions, supply chain analytics, international transportation, warehouse sourcing, LEAN consulting and supply chain sourcing of indirect materials.
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