Transportation and Logistics

Rising consumption has only magnified the role of 3PL providers. To dial into this growth, providers must reengineer their supply networks.

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Challenges faced by the procurement team

Lack of visibility

Many transportation businesses grapple with incomplete data on their supply side, which is hobbling growth plans.

  • Invest in supplier and supply chain market intelligence to know all that’s going on in your delivery networks, and identify and plug inefficiencies in time
  • Get advance alerts on supply-side performance issues and unplanned events that could potentially upend your delivery chain and cause you financial and reputational loss
  • Benefit from dashboard overviews and detailed drilldowns of supply chain metrics and patterns; discover opportunities to improve processes and drive efficiency while containing risks
Connect now Lack of visibility
Cost control isn't everything

A lot of businesses acknowledge they are struggling to shift gear from low-end cost-based projects to high-hanging fruits.

  • Deepen your collaboration with a supplier base that boasts the right balance of price, reliability, and skillsets to co-script innovation and win high-value deals
  • Pin down areas of excess logistics spend and significantly pare it through insights-based approaches; fine-tune routing, centralize procurement, as well as consolidate shipments
  • Enhance the supplier’s sense of fairness and achievement by tailoring equitable payments based on product cost breakdowns and value of the task performed
Connect now Cost control isn't everything
Supplier sustainability issues

Ethical and unsustainable production and delivery practices negatively impact an enterprise’s image, and accountability starts at the top!

  • Continually track the sustainability efforts that inform suppliers’ processes and tasks on a daily basis and get top-class insights at your fingertips in real time
  • Stay clear of “conflict minerals” and goods resulting from forced labor by embracing deeper visibility of the supply side with IoT-based shipment tracking and tracing
  • Gather relevant data on suppliers’ GHG emissions from across projects and facilities, discover useful patterns, compare with industry benchmarks, and realize emission targets.
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Industries

Freight and Logistics

Freight and Logistics

Freight and Logistics

In a changing landscape, 3PL providers must reengineer their delivery chains to be able to scale and meet customer expectations at no extra cost.

Transportation Equipment

Transportation Equipment

Transportation Equipment

The diversity of input materials can be overwhelming for transportation equipment manufacturers, and high-precision market intelligence is key to overcoming the challenge.

Travel

Travel

Travel

The industry seesaws between cost competitiveness and brand experience, and to get to an equilibrium, a granular cost analysis is essential.

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Safety mandates for 3PL providers will reduce the risk of accidents and save lives. It is also good for the environment. But new safety guidelines almost always entail additional costs for providers. However, there are some effective ways you can reduce your compliance costs.

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Featured Case Study

A transportation business fuels top line growth by addressing drivers of revenue leakage

Challenge: The business was increasingly roiled by unplanned logistics spend and there was an imminent need to consolidate procurement and optimize routing. Moreover, the company wanted to savor more compelling business growth at the higher end of the market.

Solution: At the end of a detailed analysis, our experts succeeded in nailing down areas of excess logistics spending and our team helped the client significantly cut back on such inefficiencies using real-time procurement insights. Going further, our client unlocked opportunities to recalibrate sourcing processes and drive efficiency while managing the risks around them.

Result: Our client was able to not only realize procurement efficiencies but also make top line gains by plugging revenue leakages.

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Dig Deeper with "SE Insights" Procurement Reports

Gathering data on your supplier’s capability to deliver high-quality products is just not enough. More open communication will ensure suppliers not only deliver with quality but also ahead of schedule.

Industry Resources

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The right partnerships and suppliers help businesses overcome the multitude of challenges and risks that arise in a m...

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Unveiling the Benefits of SWOT Analysis for Procurement Organizations

Key takeaways What is supply chain swot analysis? A SWOT analysis is a strategic planning methodology utilized to eva...

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Make Informed Procurement Decisions with SE Insights

Mismatches between your needs and what your supplier delivers could weaken business performance. By collaborating intensely with suppliers, you can ensure your penchant for KPIs grows on them as well.

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