Fractional Logistics Leadership 06

๐‡๐จ๐ฐ ๐œ๐š๐ง ๐š ๐Ÿ๐ซ๐š๐œ๐ญ๐ข๐จ๐ง๐š๐ฅ ๐ฅ๐จ๐ ๐ข๐ฌ๐ญ๐ข๐œ๐ฌ ๐ž๐ง๐ ๐š๐ ๐ž๐ฆ๐ž๐ง๐ญ ๐ฉ๐š๐ฒ ๐Ÿ๐จ๐ซ ๐ข๐ญ๐ฌ๐ž๐ฅ๐Ÿ?

Letโ€™s turn over that napkin and run some numbers. . .

If your outbound freight spend is $250,000 per year and optimization improves that by 15 - 20%, ๐ญ๐ก๐ž ๐Ÿ๐ข๐ง๐š๐ง๐œ๐ข๐š๐ฅ ๐ข๐ฆ๐ฉ๐š๐œ๐ญ ๐›๐ž๐œ๐จ๐ฆ๐ž๐ฌ ๐š๐ฉ๐ฉ๐š๐ซ๐ž๐ง๐ญ ๐ช๐ฎ๐ข๐œ๐ค๐ฅ๐ฒ. Imagine if your freight spend is double that or ten times that.

The opportunity is in capitalizing on my ๐˜ต๐˜ฉ๐˜ณ๐˜ฆ๐˜ฆ-๐˜ฑ๐˜ช๐˜ญ๐˜ญ๐˜ข๐˜ณ ๐˜ญ๐˜ฐ๐˜จ๐˜ช๐˜ด๐˜ต๐˜ช๐˜ค๐˜ด ๐˜ฎ๐˜ข๐˜ฏ๐˜ข๐˜จ๐˜ฆ๐˜ฎ๐˜ฆ๐˜ฏ๐˜ต ๐˜ด๐˜ต๐˜ณ๐˜ถ๐˜ค๐˜ต๐˜ถ๐˜ณ๐˜ฆ: ๐Ž๐ฉ๐ž๐ซ๐š๐ญ๐ข๐จ๐ง๐ฌ, ๐€๐ง๐š๐ฅ๐ฒ๐ญ๐ข๐œ๐ฌ, ๐’๐ญ๐ซ๐š๐ญ๐ž๐ ๐ฒ.

In my first-30-day sprint, I'll:

โ€ข Audit rate variances and accessorial charges

โ€ข Evaluate inventory levels and tied-up capital

โ€ข Analyze carrier mix and network structure

โ€ข Identify mode shifting opportunities that improve both cost and service

These are ๐˜ด๐˜ต๐˜ข๐˜ฏ๐˜ฅ๐˜ข๐˜ณ๐˜ฅ ๐˜ฑ๐˜ณ๐˜ข๐˜ค๐˜ต๐˜ช๐˜ค๐˜ฆ๐˜ด at large organizations with layered logistics teams and seemingly endless budgets.

But, smaller companies can apply the same discipline without adding permanent executive headcount.

If you havenโ€™t executed optimization initiatives on your logistics network in a while, it may be time to run the numbers.

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