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.
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.
What Is “What If” & Transportation Network Scenario Planning?
- 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?
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
- 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.
Added Benefits of Simulations in Managing Transportation
- 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.
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.