January 31, 2018 (Maynard, MA) - Kuebix, creator of a transportation management system that delivers true freight intelligence, is offering a comprehensive methodology to manage inbound transportation operations, as outlined in an informative white paper, "The Art of the Inbound." Frequently overlooked and often pushed to the bottom of a shipper's supply chain agenda, good inbound freight management can help companies improve shipment visibility, increase efficiency and boost profitability.
"Most companies have not developed a comprehensive strategy to manage their inbound freight," said Dan Clark, Founder and President of Kuebix. "Done right, inbound freight management leads to stronger relationships with carriers and suppliers, more efficient docks and warehouses, and a reduced cost of goods."
To start, companies should partner with their suppliers to lay out a plan of action to determine the most cost-effective and efficient way to ship and unload their freight. Using a freight transportation management system (TMS), like the Kuebix TMS, businesses can establish mandatory guidelines with suppliers for compliance of vendor-controlled (VDS) and customer pick-up (CPU) shipments. Supplier compliance programs reduce cost of goods by making carriers and warehouses more efficient. If suppliers fail to comply, they will be subject to violations outlined in the routing guide, resulting in savings through the sharing of costs.
Kuebix TMS fosters a strong alliance between shippers and carriers that enables inbound shipments to be consolidated to reduce freight and unloading costs. Reducing the number of individual LTL shipments will decrease the cost of freight, dramatically increasing the efficiency of distribution centers and significantly reducing unloading costs.
"Best practices show that working with a limited number of carriers with attractive rates and superior service will give each carrier enough business to ensure LTL consolidation does not affect service levels," added Clark. "Having a strong partnership with carriers opens up other opportunities for additional savings, such as backhaul agreements with LTL carriers to consolidate freight to single truckload for pick up by a shipper's own fleet for the final mile."
Kuebix TMS also enables the creation of dynamic rate allowances to ensure savings on both TL and LTL shipments by calculating the best possible real-time vendor allowances based on actual carrier rates as demand dictates. It also automates tracking, scheduling and door assignments, which will directly reduce labor spend. Kuebix TMS captures every relevant piece of data and returns reports, dashboards and scorecards that allow shippers to analyze their inbound freight program and identify opportunities for increased efficiency.
Ultimately, good inbound freight management facilitated by technology helps companies achieve cost and productivity goals. By taking a holistic look at the current inbound environment-then working with suppliers and carriers to come up with a plan of action to improve it- businesses will be able to leverage all of the market's capacity, get the best rates, and gain better visibility over the end-to-end supply chain.
Download the white paper, "The Art of the Inbound," here.
Founded by a freight industry technology innovator, Kuebix offers a transportation management system (TMS) with Freight Intelligence that enables companies to capitalize on supply chain opportunities through visibility, control and the use of predictive analytics. Kuebix is democratizing the rating, booking and tracking of freight with its free TMS, Kuebix Shipper, which can be ready to use in minutes. Shippers looking for financial management, advanced analytics and other premium features can upgrade to Kuebix Business Pro or Kuebix Enterprise, and then seamlessly add Premier Applications and Integrations as needed. Kuebix also offers unique Managed Service Programs to businesses looking to partially or fully outsource transportation management.
Follow Kuebix's quest to #freetheshipper on social media. For more information visit: www.kuebix.com.