TRANSPORTATION MANAGEMENT THAT REWARDS THE BOTTOM LINE Transportation Cost Management
Welcome message from author
This document is posted to help you gain knowledge. Please leave a comment to let me know what you think about it! Share it to your friends and learn new things together.
Transcript
TRANSPORTATION MANAGEMENT THAT REWARDS THE BOTTOM LINE
Transportation Cost Management
OverviewCapital Transportation Logistics (CTL) has created abuying consortium and transportation managementprocess that lowers our Clients’ freight rates and improvesproductivity. The consortium provides over $100 millionin shipping volume leverage that is used to negotiaterates our Clients cannot typically negotiate individually.
CTL’s four-step process:1. Negotiates rates for discounted pricing;2. Optimizes carrier selection, transit times, and pricing;3. Consolidates freight bills into one weekly invoice;4. Reports on transportation usage and analyzes future savings opportunities.
Our Clients routinely save between 8% and 15% afterusing the rates and transportation management processfor 60 days. Achieving these savings does not require asacrifice in service or changes in operations. There are noup-front costs or internal resources required to implementthe rates and the transportation management process.Our fee is based on your established savings.
Cap tal Transportat on Log st cs
“ Besides the freight savings,
the administrative efficiences
have proved invaluable,
as our key corporate personnel
can now turn their attention
to our strategic objectives. ”
-VP, Manufacturing
TRANSPORTATION COST MANAGEMENT
Capital Transportation Logistics • Nashua, New Hampshire • 888-289-4600 • www.shipandsave.com
• Web Transportation Management Software (TMS)• LTL Carrier Rate Negotiations• LTL Audit and Recovery• Small Package Rate Negotiations • Small Package Audit and Recovery• International Shipment Arrangements and Processing• Port Deconsolidation & Assembly•Charge-back Avoidance
CTL’s Wide Range of Services
• Air and Expedited Shipments• Truckload Shipments• Shipment Visibility• Inbound Vendor Routing and Compliance• Return Management• Financial Reporting• Integration to ERP or Order Management Systems• Spend Evaluation• Freight Payment
CTL combines four crucial aspects of transportation management into a highly effective process that simultaneously reduces costs and increases productivity.
Discounted PricingTransportation is a commodity, and our consortiumpurchasing power allows CTL to negotiate pricesthat our Clients typically cannot obtain on theirown. We contract with top-tier carriers.
Results• Save 10%-20% Lower than market price.• Maintain or improve customer service.
Carrier SelectionCTL's web TransRater optimizes carrier selection,transit times, and pricing. The easy-to-use softwareallows Clients to make the best shipping decisionsand prioritizes low-cost or best service.
Results• Balances your customers’ needs while providing cost reductions.• Simplifies the process and improves productivity by displaying all the alternatives on one site instead of many carrier sites.
Freight PaymentCTL’s 50-point, in-depth pre-payment auditcaptures information from actual carrier invoices,original bills of lading, and deliveryreceipts; corrects carrier errors; and processes andconsolidates all freight bills into one easy-to-readweekly invoice for payment. In addition, thisprocess creates a valuable proprietary database togain control over freight costs.
Measurement and Evaluation ReportingThe final stage of the four-step process deliversactionable management reports that go beyondtypical accounting reports, providing a real-timeoverview of transportation information specific toyour operations. Many companies believe if youcan measure a cost, you can control it.
Results• Provides timely, accurate transportation performance reports.• Builds a database that can ensure compliance with transportation policies and highlight opportunities for future savings.
Results• Saves 4%-8% by eliminating rating errors, duplicate payments, and overcharges.• Improves productivity by capturing general ledger requirements and cost center allocations.
Capital Transportation Logistics • Nashua, New Hampshire • 888-289-4600 • www.shipandsave.com
Cap tal Transportat on Log st csTRANSPORTATION COST MANAGEMENT
CTL’s HistoryCapital Transportation Logistics was founded in 1997 by a group of transportationmanagement professionals with over 100 years experience in operations and systems design.The core services and process provided by CTL were originally developed for G.E. Corporationwith over 600 entities. Using this unique process, they saved over $250 million in the first yearon their $1 billion transportation spend. CTL adopted this same process and manages over$100 million in annual transportation spend for our Clients. The success of this process hasfueled our continuous annual growth rate of over 20%. Key to our growth has been, and willcontinue to be, the addition of technology andoperations capabilities that add value for our Clientsby helping them meet their business objectives.
CTL’s PhilosophyAt CTL, we pride ourselves on delivering what wepromise to our Clients, Business Partners, and Employees.We offer transportation management systems andservices with quantifiable value, enabling Clients to makethe best possible logistics decisions. The CTL environmentfosters change and innovation while maintaining corevalues. We strive to keep our fees competitive andcontinually increase our value to our Clients.
Strategic• Provides an opportunity to significantly reduce transportation costs between 8% and 15%• Reduces the erosion of product profit margins• Allows for a shift of resources to more strategic activities• Opportunity to outsource a non-core competency function
Tactical• Volume leverage replaces negotiation skills as the strategy to manage freight costs• Provides a process for the reduction and continuous improvement of a primary expense• Continuous timely measure of performance means quicker corrections• Transportation management system optimizes best cost and service time decisions
Benefits of Using Consortium Negotiation Leverage and CTL’s Four-Step Transportation Management Process
“ What impresses me
about CTL is they
continually keep us
more than competitive
year after year with
the marketplace.”
-VP, Finance
Capital Transportation Logistics • Nashua, New Hampshire • 888-289-4600 • www.shipandsave.com
www.shipandsave.com/ctlstory.htmFor more information visit:
Cap tal Transportat on Log st csTRANSPORTATION COST MANAGEMENT
Related Documents
