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When you get these elements working together – proper ABC analysis, optimized order parameters, and clean master data – that’s when you’ll see your inventory management transform into a smooth-running operation. You also need to ensure that you’re cascading these metrics through your organisation.
Leveraging predictive analytics in the TMS a shipper can use historic tendering metrics and spot quote reporting data to identify areas where contracted rates can be bolstered and avoid budget-busting over-utilization of the spot market.
These dashboards provide shippers with multiple insights on cost, CO2 emissions, fuel consumption, driver performance and many metrics. Locus’ advanced analytics solution converts last mile post execution data into actionable insights through dashboards. Advanced analytics Carrier management solution: Don’t be shy to haggle.
However, as carbon taxes and emissions reporting requirements continue increasing, supply chain professionals face mounting pressures from inside and outside their organizations to measure and improve performance against new, nebulous sustainability metrics. Freight transportation makes up over 10% of total global carbon emissions.
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