Rethinking parcel-intensive inbound supply chains to improve visibility
As companies look to streamline operations, improve efficiency and wring costs out of their supply chains, one of the most exciting opportunities for improvement is the inbound shipment of small parcels.
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Port of Baltimore May Not Reopen Until Summer Sales & Operations Planning (S&OP) Mastery A New Priority Greets Procurement Professionals in 2024 Cargo Shipping Remains on Hold in Baltimore Following Bridge Collapse Maximizing the Bottom Line: The Power of Procurement More NewsAs companies look to streamline operations, improve efficiency and wring costs out of their supply chains, one of the most exciting opportunities for improvement is the inbound shipment of small parcels.
Whether it’s aftermarket automotive parts or manufacturing components, few companies control how shipments are sent to them by suppliers.
Too often, small parcels are shipped via air or premium service when they could just be shipped ground or consolidated with other parcels for further savings.
Depending on the number of packages being expedited and the number of shipments, inbound parcel shipping represents an opportunity to cut costs by as much as 20 percent.
One of the world’s leading aerospace companies transformed its parcel shipment processes with a solution that teams a robust parcel shipment optimization/consolidation system with innovative expedite management and parcel/carrier integration tools. In doing so, the aeronautics giant reduced its air shipments by 38% in the first three months and expects to reduce transportation costs by an additional 20% over the next three years.
Learn how consolidating parcel shipments, reclaiming control of expedited shipments and integrating shippers, suppliers and carriers can help you improve visibility, increase control and reduce costs.
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Article Topics
Expedite Management Tool · Parcel Optimization · Parcel Shipping · Ryder · Transportation Management Systems ·It’s high time to go beyond visibility Driving supply chain flexibility in an uncertain and volatile world View More From this Issue