Over the past few years, the global transportation services industry has become capital-intensive and typically comprises of services such as freight transportation by air, rail, road, and marine modes. As a result, leading companies in this industry are focusing on providing seamless transportation services at cost-effective prices to stay ahead of the competition and deal with challenges in the market. Additionally, the rise in crude oil prices is forcing companies operating in the transportation services space to enhance their overall competence and profitability over the peers by adopting supply chain analysis solutions. Supply chain analysis help companies operating in the transportation services to devise best-in-class and cost-effective product and service offerings to the customers and increase their overall profitability.
With years of proficiency in offering a wide range of supply chain solutions, SpendEdge helps companies operating in the transportation services space to implement an end-to-end follow-up procedure to resolve any discrepancy across the supply chain.
The Procurement Pain Point and Insights Offered
The client, a leading transportation services provider with business units spread across various geographies, was facing predicaments with their supply chain network that was vulnerable to disrupt their ambitious growth plans. Additionally, the client had an extremely complicated production and distribution network with several storage locations and modes of transportation for delivering its product offerings to customers. As a result, they wanted to evaluate their company’s supply chain management capabilities compared with leading practices across the transportation services industry.
The supply chain analysis experts at SpendEdge tailored a comprehensive research methodology to cater to the transportation services client’s business requirements. This research approach included primary and secondary research methodology coupled with qualitative and quantitative data collection procedures.
Through the course of this supply chain analysis engagement, the transportation services client was able to design a strategic plan for six critical areas including organization structure, planning, operations, sales and customer service, supply chain network, and performance management. This helped them evaluate their company’s supply chain management capabilities compared with leading practices.
Fundamental questions answered in this supply chain analysis engagement include
With the help of this supply chain analysis engagement, the transportation services client was able to gain actionable insights into the opportunities at the functional levels. Furthermore, the client improved their service levels, streamlined planning and operations processes, and increased reliability.