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Learn with Loadsmart: Leveraging Managed Transportation to Build a Resilient Network Strategy
by jpallmerine
At Loadsmart, our strongest asset is our people. Just like the supply chain, it takes a lot of people with different expertise across many areas of logistics, transportation, and technology to keep our business running and delivering value to our carrier and shipper customers in existing and new ways.
We are committed to creating a more transparent logistics industry, and this means sharing our expertise. Not just through the products that break down the barriers between parties in the supply chain, but also by sharing the wealth of experience that our subject matter experts have gained these last seven years and continue to develop each day. This is Learn With Loadsmart.
LEVERAGING MANAGED TRANSPORTATION TO BUILD A RESILIENT NETWORK STRATEGY
TODAY’S MARKET
During three of the past four years, with the exception of 2019, shippers have faced an extremely volatile market – in terms of both cost and service. Market volatility has made it very challenging for shippers to efficiently and effectively manage their business. To combat this volatility that has put strain on various areas of their business, shippers have taken a reactive approach causing them to stray away from their intended business strategies. This emphasizes the importance of creating an agile, proactive, and forward looking strategy.
Right now we are seeing the market begin to soften. What does that mean? This means we are transitioning towards a shipper’s market, rather than a carrier’s market, where it has been over the past few years. This transition now allows shippers to focus on getting back to their core strategies, executing against their business, and allowing partners to support them in doing so.
WHAT IS MANAGED TRANSPORTATION?
Managed transportation is a solutions based offering for shippers, that focuses on delivering end-to-end value across planning, procurement, execution, settlement, and measurement.
When shippers outsource their supply chain to Loadsmart Managed Transportation (LMT), they are able to leverage Loadsmart’s transportation experts, modal capabilities, and data intelligence, allowing shippers to focus on their core business strategy.
Within LMT, there are 3 pillars we look to drive: our technology, our people, and our capacity.
- Technology: End-to-end solutions that automate processes to provide shippers with a single, centralized platform that creates full network visibility.
- Our People: Acting as an extension of your company, our dedicated supply chain experts work with shippers to identify challenges and provide actionable insights.
- Network of Capacity: Leverage our dense network of capacity across dry-van, reefer, PTL, LTL and specialized equipment.
WHAT’S NEXT?
For more information on Loadsmart’s Managed Transportation, please visit loadsmart.com/shipper/managed-transportation.
ABOUT LOADSMART
Transforming the future of freight, Loadsmart leverages technology and logistics data to build efficiency around how freight is priced, booked and shipped. Pairing comprehensive logistics technology with deep-seated freight industry expertise, Loadsmart fuels business growth, simplifies operations and increases efficiency for carriers and shippers alike. For more information, please visit: https://loadsmart.com. Move more with less.
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