Posts Tagged “carrier”
Thought Leader Article: Becoming the Shipper of Choice for LTL Carriers
Authored by SMC³ on February 22, 2024
Justin Springer, Director of Business Development, SMC³ and Joe Tillman, Manager Education Programs, SMC³ Analyst Insight: In an environment with increasing supply chain complexity, fluctuating capacity, and consistent technological advancement, shippers that stand out as a “shipper of choice” for carriers are most effectively able to drive lower costs and more productive provider relationships. To stand out from […]
Looking Forward: Preparing for the Future of Supply Chain Management
Authored by SMC³ on February 15, 2024
The sheer amount of industry knowledge being passed around at Jump Start 2024 has been astounding to behold. From evergreen tips on leadership to concrete strategies for managing volatility, our attendees are leaving with a fuller picture of where the logistics industry stands. On the third and final day, it’s natural to ask: What’s next?
Is technology a competitive advantage in the modern supply chain industry?
Authored by SMC³ on January 4, 2024
New technology and the introduction of innovative supply chain solutions into established supply chain processes is one way to combat transportation issues. It seems as though the uptick in technology adoption, and a broader adoption of transportation management systems among even the smallest transportation companies, is a sign of how companies are now confronting a challenging supply chain arena.
Two-part series: Developing Symbiotic Carrier-Shipper Relationships & tools of the Data Scientist
Authored by SMC³ on December 22, 2023
What does it take to forge a productive, mutually beneficial relationship between shippers and carriers in today’s competitive LTL environment? As attendees at SMC3’s recent LTL webinar on the topic learned, it boils down to four things: partners sharing data, analytics, crucial insight, and getting to the “we.” In the third LTL online learning session, […]
Activity-Based Costing Drives Better Business Decisions
Authored by SMC³ on November 16, 2023
The trucking industry has a significant challenge—knowing which customers and accounts are most and least profitable. Having this information can empower carriers to move freight more efficiently and cost effectively, which thereby improves the bottom line. This challenge took center stage at a recent TCA webinar where participants from SMC3 and XTL Transportation Inc. discussed how to make better business decisions through activity-based costing. When asked how carriers do costing today, the vast majority of the attendees said they rely on team member experience and knowledge.
Navigating Compliance in the Modern Supply Chain
Authored by SMC³ on November 2, 2023
As in every industry, safety is paramount to the effective functioning of LTL shipping. But while this safety mandate may be common sense, staying compliant with Federal Motor Carrier Safety Administration (FMCSA) standards is a complicated undertaking for any carrier looking to keep their trucks on the road.