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GTS Blog

Transportation Evaluation: Where to Start?

Posted by Ascent Global Logistics on Mar 29, 2017 1:23:57 PM

As your business grows and becomes more dynamic, so does your supply chain. While your strengths lie in earning new business, marketing, and/or operations, it is difficult to dedicate the proper time to your supply chain. Growth is a time to reevaluate your current logistics process and find opportunities to streamline and save. But where do you begin this process? What type of evaluation is required to determine what the best fitting solution for your needs?

Before you begin talking to vendors or implementing changes, it’s important to gain full visibility of how your supply chain operates today and determine costs involved, both hard and soft. Below are 3 steps to take to determine the current state of your supply chain.

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Topics: Supply Chain, Logistics, Business Growth, Cut Costs, Logistics Bid Process

The Logistics Bid Process: Controlling Cost Via Partnership

Posted by Ascent Global Logistics on Mar 29, 2017 1:12:44 PM

With pricing pressures at the forefront of shipper concerns in 2014, the relationships between carrier, 3PL and shipper networks are paramount.

Here are a few of the issues the transportation industry is facing:

- Limited availability of asset carriers

- Concerns on hours of service

- Shortage of driver resources

- Intense competition from loss-leader providers

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Topics: Logistics Bid Process

The Logistics Bid Process: Controlling Your Destiny

Posted by Ascent Global Logistics on Mar 29, 2017 1:07:38 PM

If your company has made the decision to execute a market bid for transportation services, there are several key areas to focus on before approaching provider engagement:

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Topics: Logistics Bid Process

The Logistics Bid Process: Best Practices from Industry Experts

Posted by Ascent Global Logistics on Mar 29, 2017 9:18:01 AM

After a detailed evaluation of your logistics program and departments, your organization realized their need to partner with a third-party logistics provider (3PL) to more proactively manage their freight. Now that you have a greater understanding of your supply chain’s current and future states, it’s time to send a bid to a 3PL, but where do you start? If you have never sent a bid or Request for Proposal (RFP) to a 3PL, it can difficult to navigate what to include in your bid and which questions to ask during the bidding process. In this blog, the GTS experts weigh in on best practices.  

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Topics: Business Growth, Cut Costs, Logistics Bid Process, 3PL Industry News

Transportation Evaluation: When to Revisit your Freight Rates

Posted by Ascent Global Logistics on Mar 28, 2017 6:26:16 PM

General Rate Increase or GRI, is the average amount by which a tariff rate increases, which is applied to your company’s base freight rate. GRIs can occur multiple times throughout the year and it likely you have already experienced rate increases. Although each GRI may have a small impact on your overall logistics costs, over time they can quickly add up. As a result, GTS recommends revisiting your freight rates periodically throughout the year to ensure you are receiving the value you expect from your vendors. Below are 3 tips to keep in mind while reviewing your current contracts:

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Topics: Supply Chain, Logistics, Business Growth, Cut Costs, Logistics Bid Process

3PL Selection: 5 Intangibles That Will Make or Break Your Partnership

Posted by Ascent Global Logistics on Jan 4, 2017 6:21:00 PM

If your company wants to partner with a third-party logistics provider for transportation management, you’ll need to start preparing a bid to the 3PL marketplace.

Three standard elements need to be observed: service, price and data management.

Many companies make the mistake of only considering price while neglecting cultural intangibles such as how well your team is embraced and how much it is involved in the outsourcing plan.

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Topics: Logistics Bid Process