For many organizations, transportation investments have leaned towards managing private fleets and optimizing truck load, less-than truck load and parcel shipments. In the global arena, requirements are much different. It requires both shippers and logistics providers to automate their sea and air freight moves by optimizing service selection.
The logistics costs associated with operating a global supply chain can constitute a significant percentage of a company’s revenue. In speaking with our customers, it equates to roughly 3 - 5 times more revenue than a domestic supply network. These costs can be easily reduced by deploying the right global transportation management solution.
Amber Road's International Transportation Management solution gives shippers the tools they need to automate critical processes and develop strategies to effectively contain their costs. We provide industry leading capabilities to manage contracts, compare routing options, accurately determine all fees, and comply with strict requirements and auditing issues.
AberdeenGroup reports that of 380 companies with freight spend over $25 million, the application of international transportation management solutions can reduce costs by 8.8% across their freight budget.
With fuel costs increasing, the savings opportunities are still real but may be more about containing cost increases.