Transportation Network Scenario Simulation: Planning to Guide Your Decisions

Transportation network scenario simulation identifies opportunities to improve cost and service.

Managing transportation with real-time tracking and monitoring services can be a complicated process. During these uncertain times, a solution with transportation network scenario simulation, and “what-if” scenario planning is invaluable for logistics managers and supply chain directors.

Many aspects to freight transportation and shipping are vital to the overall success of every load. Transport networks, track-and-trace data, and related services are all crucial for ongoing growth and success. As market volatility continues to be a factor, customer demands also shift regularly to add to the unpredictability.

As a result, shipping rates continue to rise. Spot rate decreases have been largely overshadowed by significant gains in fuel costs, as reported by FreightWaves, rising more than 25% since August.

Transportation network simulation can be a vital tool for adapting your network to control these costs.

What Is “What If” & Transportation Network Scenario Planning?

There are plenty of opportunities to wonder “what if” about shipments.
For example, “what if” we had:
  • Taken Route X instead of Route Y?
  • Used a different carrier?
  • Selected a delivery route with a different layout?
  • Addressed a disruption sooner or more effectively?
There are many chances to ask “what if?”
The true benefit of scenario planning and transportation network simulations is knowing how your plans might have worked out differently. You can apply those insights to improve planning for future shipments.
Advanced network simulations use all relevant internal and external data to identify any issues that occurred. From there, the simulation highlights the choices that had the most significant impact on the outcomes.

By comparing the results with current trends and practices, you can identify similar situations that might arise and plan to avoid them. Implementing changes such as dynamic rerouting and lane adjustments becomes much easier and faster with the right insights.

Transportation Network Scenario Simulation Improves Efficiency

The underlying goal of “what-if” scenarios is to improve efficiency throughout the supply chain, from start to finish. A few examples include:
  • Better asset management.
  • Improve metrics for pickups/deliveries.
  • Tightly manage total miles driven.
  • Avoid empty hauling.
  • Closely monitor fuel consumption.
  • Improve collaboration among drivers.
  • Continuously optimize routes.
Those goals become easier to achieve with a clear understanding and vision of past and current transport network trends. Network simulations also add visibility into total transportation spending while empowering you to optimize moves across all modes based on data from a single source.

All of this helps to improve efficiency and transportation visibility from end to end.

Added Benefits of Simulations in Managing Transportation

Along with the improved efficiency in the supply chain network, transportation network simulations:
  • Improve carrier onboarding and training, which helps reduce employee errors.
  • Reduce total miles and deadhead miles driven, which controls fuel waste and costs.
  • Raise accountability for customer deliveries and aids in improving on-time, in-full delivery rates.
  • Create a more collaborative environment among team members, cross-functional departments, and third-party partners.
  • Reduce fees and surcharges caused by delays, bottlenecks, and missed deadlines.
  • Boost overall supply chain profits and maximizes shipments successfully handled.
  • Accelerate production and redirect staff from mundane tasks to more strategic priorities.
  • Improve overall success rates and drive shipping companies’ potential for growth.

Improve Transportation Network Throughput with Simulations

Logistics service providers and brokerages use transport network simulations and “what if’ planning to deploy services and utilize assets more effectively. Shippers and carriers can continuously use data gathered from these scenarios to optimize routes and shipping lanes.

By accessing information generated by the supply chain and transportation movements, you can gain invaluable insights into trends, problem areas, and weak points within your transportation program.These measures are essential optimal transportation strategy.

To learn how we helped one client achieve their own optimal transportation program read our case study. Then schedule your personalized demo to see how “what if” simulations and transportation scenario planning can guide your decision-making.

See how transportation network simulation can improve your decision making.

MercuryGate
Share on email
Share on facebook
Share on twitter
Share on linkedin
SCROLL TO TOP
SCROLL TO TOP

Leave a Reply

Your email address will not be published.