“90% OF SHIPPERS · 2017-08-01 · Embracing shipment tracking solutions, 90 percent of shippers now ... in-cab ELD/GPS device, cell phone, or trailer and container tracking system.

“90% OF SHIPPERS WHO EMBRACE FREIGHT VISIBILITY SOLUTIONS INDICATE THAT VISIBILITY IS A CORE SERVICE OFFERING.” - AMERICAN SHIPPER, 2016 VISIBILITY BENCHMARK STUDY

“SUPPLY CHAIN DECISION MAKERS RANK VISIBILITY SECOND ONLY TO COST REDUCTION.”-INBOUND LOGISTICS, 2016 INDUSTRY SURVEY

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True Cost Savings with Freight Visibility

For manufacturers, wholesalers and retailers, supply chain disruptions have costs and consequences. To offset the impact of late shipments, unreported delays and detention, shippers are increasingly requiring 100 percent visibility into the location and status of their freight.

Realizing its value, shippers are also willing to invest in real-time visibility that enables them to receive accurate and actionable shipment monitoring information to achieve maximum operational planning. In fact, a recent Inbound Logistics industry survey indicated that most supply chain decision makers rank visibility second only to cost reduction.

Rising demand for increased freight visibility includes requirements for tracking shipments, including arrivals and departures and in-transit updates as well as dynamic ETA’s. The technology in use is also called upon to provide proactive shipment management capabilities so shippers can focus on shipments that have the potential to disrupt operations. Having 100 percent visibility into shipment status and potential disruptions allows the shipper and their customers to worry less about the “at-risk” shipments and work to mitigate those exceptions. It also allows the shipper to instantly access details about a particular shipment, eliminating the need for manual communication, providing real-time status updates about in-transit shipments.

The Demand for Visibility

Not too long ago, it was virtually impossible to have total visibility into shipment location, dynamic ETA’s and status across a supply chain. Today, the industry is trending toward 100 percent visibility. MacroPoint’s own Visibility Demand Index indicates a threefold increase in requirements by companies for real-time information on freight status.

Shippers now expect 3PLs and brokers to let them know as early as possible when there are disruptions in the supply chain so they can focus on managing by exception to enable corrective action.

Embracing shipment tracking solutions, 90 percent of shippers now indicate that freight visibility is viewed as a core service offering and that they are using visibility capabilities as a key factor when choosing brokers, 3PLs and carriers to haul their shipments.

Using readily available, highly advanced tools and technologies, shippers are turning to shipment tracking solutions designed to

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Visibility for Shippers: Identifying Supply Chain Savings Opportunities

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provide frequent and detailed updates on the status of shipments automatically, and to provide tracking information directly through integration with a carrier’s enterprise and transportation management systems.

Visibility Cost Savings (ROI)

Because the rapid growth of shipper freight tracking is meeting a distinct need, and providing for higher supply chain productivity and efficiency, it is essential to understand the cost savings and operational efficiencies that can be attained by real-time visibility. Particularly troubling for many shippers and their customers is the amount of time spent calling and emailing to find out the status of a shipment. In today’s current environment, customers spend countless hours calling shippers for status updates that requires the shipper to call their carriers to get real-time status updates. Not only is this very inefficient, it is also very costly.

By referencing the chart below, shippers can understand the actual costs associated with manual communication and the value of decreasing the number of shipments where manual communication is required.

Annual Cost of Shipper Visibility Communication - Example

Adding it up

The ability to reduce manual communication with automated freight visibility can lead to significant cost savings and more effective use of talent. Providing automated visibility can also mean increasingly higher levels of customer satisfaction and efficiency within your supply chain. MacroPoint’s control tower style freight visibility platform provides automated monitoring and real-time shipment location visibility. For more information, visit www.MacroPoint.com.

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Shipments to be Tracked

% of Shipments Needing Communication

# of Shipments Needing Communication

Average Minutes Spent per Shipment

Total Hours Spent on Communication

Hourly Track and Trace Personnel Cost

Annual Investment

Cost Savings

1,000,000

63%

630,000

17

178,500

$15.00

$2,677,500

1,000,000

27%

270,000

17

76,500

$15.00

$1,147,500

$1,530,000

ABOUT MACROPOINTHeadquartered in Cleveland, Ohio, and founded in 2011, MacroPoint is the leading provider of a global freight visibility platform for shippers, brokers and 3PLs. MacroPoint’s patented, automated shipment monitoring and tracking software provides real-time location visibility by using any in-cab ELD/GPS device, cell phone, or trailer and container tracking system. The cloud-based solution enables location tracking, delivery monitoring, event notifications, exception management and predictive analytics capabilities. Integrated with a growing number of TMS systems, MacroPoint automates the entire process by eliminating the need for drivers to check in with dispatchers, and for shippers and brokers to check in with carriers. To date, over 1,000,000 drivers and millions of connected trucks have tracked over 20 million loads as part of the MacroPoint Carrier Visibility Network. To learn more about MacroPoint, call 866-960-0328 or visit www.MacroPoint.com.

Visibility for Shippers: Identifying Supply Chain Savings Opportunities