TECHNOLOGY Insight TMS® Optimization Make Optimal Mode and Carrier Selections Based upon Landed...

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TECHNOLOGY Insight TMS® The Most Versatile Transportation Management System on the Market Today Cutting Edge Technology. Cutting Edge Expertise. Transportation Insight’s technology solutions are a unique blend of hosted Transportation Management Applications with unsurpassed logistics expertise. Years of real world, “in-the-trenches” experience has allowed our engineers to design Insight TMS® to support the ever-evolving needs of our clients’ business. Insight TMS® has customizable features that provide unparalleled operational process efficiencies, cost reduction, improved visibility and responsiveness across an entire supply chain. Fundamental tasks logistics departments perform with Insight TMS® include: order consolidation, routing, shipment documentation creation and carrier selection. Just as logistics departments support their entire organization, Transportation Insight does as well. e following are just a few of the ways Insight TMS® can be configured to assist internal customers: Customer Service and Sales Shipment notification and tracking Automatic transportation price quotes Purchasing Supplier shipment routing Supplier shipment notification Accounting and Finance Enterprise and divisional reporting Consolidated, GL-coded weekly invoice Many times, the greatest challenge in deploying a Transportation Management System is having the experience to comprehend the functionality needed to support a client’s business. Transportation Insight works to understand exactly what is needed to operate your business at peak supply chain performance. Whether integrating Insight TMS® with an ERP system such as Oracle or SAP or utilizing it as a stand-alone web-based application, you can expect us to sit down with your team to document your current processes, outline goals, and establish an implementation and training plan. In addition, Insight TMS® requires no capital investment. It is scalable, modular and has no server requirements, software installation or maintenance burdens. It can be deployed rapidly across an entire enterprise with immediate results. Insight TMS® Highlights Rate shop Vendor routing Automated load tender Bill of Lading (BOL) creation Shipment tracking Exception management Insight TMS® Custom Features Scalable — sizes with your needs Modular — use what you need Hosted — no software installation, server requirements or maintenance burdens Rapid deployment and ease of use Adaptable to your business processes Daily Payoffs of Insight TMS® Cost reduction through optimal mode/carrier selection Improved customer satisfaction through exception management and collaboration Significant time savings through process automation Optimal supply chain networks based upon simulation with historical data

Transcript of TECHNOLOGY Insight TMS® Optimization Make Optimal Mode and Carrier Selections Based upon Landed...

Page 1: TECHNOLOGY Insight TMS® Optimization Make Optimal Mode and Carrier Selections Based upon Landed Cost while Honoring Business Constraints The Insight TMS® Optimization Module provides

TECHNOLOGY

Insight TMS®The Most Versatile Transportation Management System on the Market TodayCutting Edge Technology. Cutting Edge Expertise.Transportation Insight’s technology solutions are a unique blend of hosted Transportation Management Applications with unsurpassed logistics expertise. Years of real world, “in-the-trenches” experience has allowed our engineers to design Insight TMS® to support the ever-evolving needs of our clients’ business. Insight TMS® has customizable features that provide unparalleled operational process efficiencies, cost reduction, improved visibility and responsiveness across an entire supply chain.

Fundamental tasks logistics departments perform with Insight TMS® include: order consolidation, routing, shipment documentation creation and carrier selection. Just as logistics departments support their entire organization, Transportation Insight does as well.

The following are just a few of the ways Insight TMS® can be configured to assist internal customers:Customer Service and Sales

› Shipment notification and tracking › Automatic transportation price quotes

Purchasing › Supplier shipment routing › Supplier shipment notification

Accounting and Finance › Enterprise and divisional reporting › Consolidated, GL-coded weekly invoice

Many times, the greatest challenge in deploying a Transportation Management System is having the experience to comprehend the functionality needed

to support a client’s business. Transportation Insight works to understand exactly what is needed to operate your business at peak supply chain performance.

Whether integrating Insight TMS® with an ERP system such as Oracle or SAP or utilizing it as a stand-alone

web-based application, you can expect us to sit down with your team to

document your current processes, outline goals, and establish an implementation and training plan.

In addition, Insight TMS® requires no capital investment. It is scalable, modular and has no server requirements, software installation or maintenance burdens. It can be deployed rapidly across an entire enterprise with immediate results.

Insight TMS® Highlights › Rate shop › Vendor routing › Automated load tender › Bill of Lading (BOL) creation › Shipment tracking › Exception management

Insight TMS® Custom Features › Scalable — sizes with your needs › Modular — use what you need › Hosted — no software installation, server requirements or maintenance burdens

› Rapid deployment and ease of use › Adaptable to your business processes

Daily Payoffs of Insight TMS® › Cost reduction through optimal mode/carrier selection

› Improved customer satisfaction through exception management and collaboration

› Significant time savings through process automation

› Optimal supply chain networks based upon simulation with historical data

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The Insight TMS® suite of technology products offer the perfect solution for your company’s transportation management needs. We provide custom-fit applications, designed and hosted with logistics expertise to support your business. We also feature out-of-the-box, web-based solutions.

Cost Optimization Make Optimal Mode and Carrier Selections Based upon Landed Cost while Honoring Business Constraints

The Insight TMS® Optimization Module provides the ability to drive dramatic cost improvements by providing direction and control in these four areas:

Order Optimization — Quickly aggregate multiple orders that can travel together on a single Bill of Lading.

Route Optimization — Shift less-than-truckload (LTL) shipments into multi-stop truckloads or pooled distribution.

Mode Optimization — Select the best mode for each shipment based on its individual characteristics and carrier pricing structures.

Carrier Optimization — Identify the best carrier for each shipment and manage for least cost based on carrier availability.

Our technology solutions allow clients to easily access information and quickly make insightful decisions.

Transportation Insight’s IT Department is incredible. The logistics tools they provide are game-changing. They are not a typical 3PL where they come in and setup your carriers; instead, Transportation Insight

works with us as a partnership, constantly helping us to improve and develop new practices.

VP of Warehousing, Food Products

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Shipment Execution Secure Carriers in an Automated Fashion via Electronic Collaborative Tools

The Insight TMS® Execution Module provides the ability to tender shipments, monitor carrier confirmations and manage all of the necessary documents required for shipments and loads.

BOL Creation — Quickly create, save and send Bills of Lading with built-in carrier selection capability.

Load Tender — Automated load tender/response with carriers via EDI or email streamlines the process, eliminates time consuming phone calls and ensures that shipments are booked with the most cost effective carrier.

Bid Board — Private network auction enables carriers to provide spot basis pricing for loads to create lower costs for lanes without established pricing.

Shipment Documentation Management — Shipping documents, such as signed BOLs, PODs and freight bills, can be easily scanned and stored within the system for future retrieval.

Visibility and Collaboration Access Shipment Status and Create Exception Business Conditions that Notify Internal and External Supply Chain Resources for Resolution

The Insight TMS® Visibility and Collaboration Module allows carriers to update shipment activity and supply chain participants to view and be notified of milestones in the execution of every shipment.

Shipment Tracking — Designated supply chain participants are able to monitor the status of shipments that are in transit. Views and filters are customizable to present relevant information to each individual user.

Vendor Collaboration — Gain visibility from purchase order inception to delivery via shipment status updates. Robust exception management capability allows for notification when user defined conditions occur.

Customer Collaboration — Provide customers with visibility to critical shipment information: shipment notification, ETA and delivery status via email, Internet and fax.

Insight TMS® delivers cost reduction through optimal carrier selection and significant time savings with process automation.

Insight TMS® provides improved visibility and responsiveness across an entire supply chain.

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328 First Avenue NW • Hickory, North Carolina 28601 • 828.485.5000 • www.transportationinsight.com

©2012 Transportation Insight, LLC. All rights reserved. Tech Rev.2 04/2012

An Industry Leader in Plastic Coatings Implements Process Improvements, Reduces Costs and Streamlines its Supply Chain with Insight TMS®The ChallengeAn industry-leading manufacturer of specialty plastics faced increasing pressure to streamline supply chain management. With a strong focus on customer satisfaction and a significant uptick in business, managing a smooth, rapid flow of products to the customer was challenging. Furthermore, the number of new, unfamiliar motor carriers providing service was multiplying at a time when it was essential the manufacturer access in real time the best mode of transportation and the best suited carriers for customer deliveries.

The manufacturer’s internal processes included spreadsheets for tracking shipments and cost; a manual method for auditing bills and gathering accrual information; sales operations without visibility to track orders; and a lack of accountability for sales people giving away “free freight.” Production, accounting, sales and logistics functions needed to be aligned to continue to meet the needs of a growing customer base in a timely and economical manner. That challenge would require the systematic intelligence provided by Insight TMS®.

Strategy This forward-thinking manufacturer and Transportation Insight became strategic partners to apply LEAN principles across the extended supply chain. The action plan included streamlining processes, cutting cost, improving internal and external communications, and capitalizing on business intelligence.

As a first step in reducing costs, Transportation Insight helped the client achieve industry-leading carrier pricing by performing a freight analysis of all transportation modes to define clearly the current freight profile. Transportation Insight led an industry-wide carrier bid process, leveraging the client’s freight together with Transportation Insight’s hundreds of millions in freight under management to achieve the lowest possible carrier pricing. Transportation Insight also began to audit the client’s freight invoices each week. Every carrier invoice was re-rated relative to the published carrier pricing to identify and eliminate carrier overcharges.

Transportation Insight customized and delivered the web-based Insight TMS® software applications to give the client unprecedented visibility and control over their transportation processes. The Insight TMS® rate shop application automated carrier routing decisions across the entire enterprise, making it fast and easy for personnel at all locations to choose the optimal carrier and mode of transportation for any given customer order. Integration of payment information with the shipment data allowed for an automated accrual

that detailed amounts for each general ledger code each month. In addition, a strategy was developed to allocate costs by sales territory to specific general ledger codes. This enabled the manufacturer to pinpoint territories giving away “free freight” and allowed them to address opportunities.

As the partnership advanced, the manufacturer and Transportation Insight put technology further to work by including data integration with Insight TMS®. With that enhancement, information moved seamlessly back and forth across the client’s corporate ERP platform and Transportation Insight’s web based state-of-the-art Transportation Management System.

Insight TMS® applications helped maximize managerial control over the transportation network, drive compliance and deliver reliable enterprise-wide business insight to support sound decision making. Business insight gleaned from the technology and data also enabled the manufacturer to provide metrics packages to their customers about the cost impact of shifts in the logistics profile, such as average length of haul, shipment size and fuel surcharges.

Value Summary ResultsBy forming a strategic partnership with Transportation Insight, the specialty plastics manufacturer was able to streamline its logistics operations and experience a double digit reduction in total cost (Transportation Insight clients typically realize a net average of 15 to 25% reduction in overall transportation spend, depending on modes). By helping this client achieve supply chain excellence, the manufacturer also created and currently sustains a significant competitive advantage in the marketplace.

Ongoing efforts for cost reduction continue every month and every year for this client. Transportation Insight negotiates aggressively

to keep client transportation costs well below market levels.

In addition to the financial savings from reduced freight rates, routing optimization, visibility and improved control, Transportation Insight’s technology continues to provide this client great value with updated business insight, engineering reports and consulting, trend analysis and recommendations for continuous improvement.

While Insight TMS® and Transportation Insight produced big cost reduction payoffs

for this client, the greatest benefit of the partnership was the client’s renewed ability to focus on their passion — providing exceptional service, value and satisfaction for their customers.

CLIENT SuCCESS