IntelliTrans Targets Supply Chain Talent Shortage

IntelliTrans says its freight management services can help address the talent shortage in the supply chain.

Bulk and bulk supply chain solutions company manages freight for customers by intervening with carriers, overseeing the shipping process, auditing and paying freight bills, monitoring shipments in transit , analyzing performance and automating spot market processes.

“One of the biggest trends in supply chain today is the smaller pool of supply chain talent,” said Ken Sherman, president of IntelliTrans. “Organizations need to be creative in attracting and retaining talent, and also using available talent skills in conjunction with technology to help these companies do more with less. IntelliTrans takes on the burden of attracting, retaining and developing talent with agile, resilient and customer-centric processes.”

According to IntelliTrans, it helps companies address talent shortages by:

  • Overcoming the burden of talent management: IntelliTrans services are generally priced on a per shipment basis. By allowing shippers to procure freight management services on this basis, IntelliTrans enables companies to take what is virtually a fixed cost in their organization and convert it to a variable cost. Traditionally, if the volume of their shipments increased, companies had to hire staff to handle this increase. If the volume of shipments drops, companies must find work for their employees. With IntelliTrans Managed Services, companies can quickly scale as needed without facing these talent management challenges.
  • Freight Management Intermediate Processes: IntelliTrans supports freight management processes for the team, allowing them to focus on other key initiatives, such as continuous improvement. IntelliTrans oversees the shipping process to ensure shipments are covered at the lowest cost, verifies and pays freight bills, and verifies the status of carriers. It also allows shippers’ employees to focus on the goals they want to achieve.
  • Automation of one-off auctions: The flexibility of IntelliTrans’ bidding algorithm allows for easy reconfiguration as market conditions change, giving customers the ability to choose between lowest cost carrier, service-based selection, use of a dedicated fleet, occasional auctions and a fixed price offer. These can be used in concert with each other and easily adjusted with no software development required. It allows customers to conduct one-time auctions in an automated way, where the charge is passed on to carriers to bid, and set two thresholds for this process. The first threshold is to accept the load immediately if a bid falls below the threshold, which helps increase the ability to cover loads at the lowest possible price and avoids missing out on capturing a truck and fare in due to a manual review process. The second threshold is accepted at the end of the time period. If offers are lower than this threshold, the lowest of them is automatically accepted at the end of the deadline. Thresholds can be set to move with current market prices, so users don’t have to constantly reset thresholds. A similar process can be used with IntelliTrans’ flat rate offering, where a charge is issued with a price that carriers can accept or decline. This offer can be combined with current market fares and can take advantage of “surcharge” pricing to slowly increase the price until a carrier agrees, avoiding last-minute fare increases to cover a load.
  • Implement technology that automates the decision-making process: IntelliTrans reduces the manual labor needed to manage the cash tender process while getting loads covered at a price the shipper is willing to pay. Businesses can make decisions faster by automating these processes, doing more with less.

“IntelliTrans is an expert in freight management using IntelliTrans TMS,” added Sherman. “Leveraging our technology and best practices from working with over 200 customers, IntelliTrans can be extremely efficient and effective. Our customers benefit from these advanced freight management technologies and services that help alleviate talent shortages and create value.

Source link

About Bob C. Zoller

Check Also

Tesla may stop taking orders due to supply chain issues

Tesla CEO Elon Musk has suggested his company may seek to stop taking orders for …