05/20/2024

5 Ways Managed Transport Services Help You (Infographic)

Using a 3PL for managed transportation services helps you to procure and plan freight, track shipments, and audit freight bills so you only pay for services you actually receive.

Forecasting what the next 12-18 months will bring is extremely difficult in times of economic uncertainty. Many companies are being very strategic in where they invest their dollars, whether that's adding people, technology, or assets. Managed transportation services (MTS) providers have already made those investments. By partnering with these companies, you can benefit from those investments without major capital expenditures of your own. This gives your business the power to react fast when needed and lets you tackle what’s coming next.

In this infographic, we share the main benefits you'll get from partnering with a reputable managed transportation services provider.

This piece was originally published by our friends over at Supply Chain Dive and is republished here with their kind permission.

Sources

1 “Managed Transportation Services: These Arrangements Deliver Significant Freight Savings to Shippers,” ARC Advisory Group

2 “The future of freight: Transforming the movement of goods,” Deloitte Insights

3 “CSCMP’s Annual State of Logistics Report,” Kearny/CSCMP

How GEODIS can help

GEODIS is one of the biggest managed transport service providers in the U.S. and around the world. Here's what you can expect when you work with us:

A comprehensive range of fully managed transport services
A leading on-time, in-full rate of 98%
Strategically located warehouses and distribution centers throughout the U.S.
Reach 99.5% of the continental U.S. in two days or fewer
A wide and deep national, regional, and local carrier network
Integration with the full range of transportation, warehousing, and freight forwarding GEODIS services
Real-time visibility throughout the supply chain

Delight retailers by choosing GEODIS as your 3PL partner. Get in touch with us to discover how we can optimize your data to enhance your retailer deliveries

Original text used in the TMS infographic above

1: Lower transportation costs

Benefit from vetted carrier networks and processes for seeking bids and negotiating rates
Providers develop holistic solutions that factor in rates with transit times and capacity considerations to ensure your product reaches your customers on time
32% of businesses who use managed transportation services believe their freight costs would go up by 12% or more if they canceled those services

2: Receive instant access to valuable resources

Gain the advantages of resources and technologies your company may not have without significant upfront investments. For example, MTS providers can view your historical data—including where and how the goods were shipped—and model solutions that deliver cost and efficiency improvements.
Shift internal resources to core competencies, like revenue generation and customer service
60% of manufacturing and transportation leaders say companies are outsourcing non-core capabilities

3: Standardize your logistics processes

Get help standardizing decentralized transportation processes that create inefficiencies and cost you money
Ensure best practices for tasks like submitting transportation carrier bids, setting up a transportation management system (TMS), completing freight bill audits, and managing freight claims
Gain access to tried-and-true processes that have already worked for other businesses like yours

4: Gain insights with data

Get better data with an MTS provider—one of the clearest advantages of outsourcing transportation management
Centralize your transportation data in the provider’s TMS for access to dashboards, reports, and key performance indicators to improve your business
Access the technology needed for tracking shipment progress, identifying potential problems, and addressing issues quickly
Reliable data went from a “nice-to-have” pre-pandemic to a “must-have” for post-pandemic supply chain functionality

5: Model useful “what if?” scenarios

See the potential impact of decisions before you even make them
Leverage your MTS provider’s what-if scenario planning to answer questions like:
Do I have the right number of distribution centers (DCs)?
Are those DCs in the right location to service my customers?
Am I generating waste in my supply chain through empty miles or moving shipments too far?
Run your data through your MTS provider’s modeling tools and use those insights to make strategic, informed decisions
Continuously optimize your cargo movement with smart loads to ensure consistently streamlined, cost-efficient cargo movement