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Improve your entire transportation process once you monitor and manage inbound freight shipments.
If your inbound freight is currently managed by your suppliers, you are probably overpaying at above-market prices due to the following factors:
Individual suppliers lack leverage in the freight market
Suppliers lack the incentive to find low-cost freight options
Suppliers mark up freight as a profit center
Unfortunately, companies do this because their purchasing departments lack resources, or their logistics departments are focused on outbound finished goods shipping to their customers. At PLS, our focus is to optimize freight cost savings and maintain successful on-time pickups and deliveries for your business. Managing your own inbound shipments can bring immediate freight savings, but the most significant advantage of PLS’ inbound logistics solution is the overall increase in control of your supply chain.
Why partner with MTM?
Proper inbound freight management can mitigate unwanted costs and help businesses get more visibility into inbound shipping processes. Let’s take a look at the case study of one of our customers, who saved a substantial amount of costs after switching to MTM’ inbound management.
A customer, engaged in mining, exploration, and refining with multiple locations across strategic regions, has previously relied on vendors to manage transportation of their supplies and capital equipment. Vendors have always arranged and paid for transportation, and the mark up was 15 – 50% with little to no shipment visibility. Significant costs were associated with delayed deliveries, along with no visibility of transportation spend.
Financial impacts after partnering with MTM:
15% savings on LTL
25% savings on most common truckload lanes
Gained control of transportation
Increased shipment visibility and detailed cost visibility
Increased bandwidth/resources while saving money
Gained the ability to create an accurate budget on large capital expenditure project transportation costs
Solutions included the following:
MTM set up a dedicated account management team
MTM procured highly qualified and cost-effective carriers
MTM provided market insight to make strategic changes in the operations
MTM provided daily updates on all shipments, MTM coded invoices to allow them to properly allocate and budget transportation costs
We provide a wide range of inbound freight management services:
Inbound shipment planning (flatbed, LTL and van)
Vendor compliance management
Carrier rate negotiation
Monitoring of safety, insurance, and performance
Automated tendering and dispatch
Dock scheduling
Tracking to shipment, part number level
Expediting and event management
Spot lane rate quotes
Freight audit/payment
Claims management
Standard and customized reporting