Rockfarm Supply Chain Coaching
Last year, Market Watch rolled out a press release stating a 14.8% growth in TMS technology by 2024. Acceptance of a TMS, Transportation Management System, is gaining ground due to ease of implementation and low cost. TMS is becoming accepted by shippers regardless of size or complexity. The evolution of TMS has become generally accepted […]
Rockfarm Supply Chain Coaching, Uncategorized
LTL general rate increases (GRI) have or will be taking effect as we kick off 2020. The formula behind each one will vary by carrier to include the approach the carrier takes with each individual account. The sophistication level with each carrier and how they apply their own “secret sauce” to pricing your business is […]
Rockfarm Supply Chain Coaching supply chain trends
2019 has shown that technology adaption in supply chain is moving at a rapid pace. What is now available is an array of technology solutions that can directly address the concerns of shippers. The key concerns for shippers still remain cost reduction, enhancement of the customer experience and controlling market variables that impact carrier pricing. […]
Rockfarm Supply Chain Coaching
As we have seen by the recent storms, winter has arrived to most parts of the U.S. It does not take a great deal of unsettled weather for driving conditions to deteriorate and late deliveries begin piling up. Regional weather impacts can have the most dramatic impact on customer service as carriers will shut down […]
Rockfarm Supply Chain Coaching
We have been seeing new ways carriers are reacting to shippers and receivers that take productive time out of a driver’s day. Picking up a shipment and delivering a shipment are the necessities to bill revenue, however it is the movement of the shipment that drives the revenue. Regardless of mode, carriers are increasing existing […]
Rockfarm Supply Chain Coaching
October’s rate per mile rose to it’s highest level since June, coming in at $2.14 per mile. The question on everyone’s mind is, “Are we seeing the bottom on truckload rates?” Let’s see if we can make any sense out of the market with a breakdown on some of the other market indicators. Truck Sales […]
Rockfarm Supply Chain Coaching
Many of you are currently in the midst of budget season and the looming question surrounding all of us is, “What will freight rates do next year?” To be able to give an answer that has both logic and reasoning behind it, we will be looking at two of the key indicators that we are […]
Rockfarm Supply Chain Coaching
Supply chains continue to evolve and driving that evolution has been improving the customer experience. As e-commerce continues to grow and set the bar in customer experience, manufacturers are beginning to see first hand the demands placed on the direct to consumer market. Fulfillment of shipments from plant direct to consumer comes with high expectations […]
Rockfarm Supply Chain Coaching
Many larger shippers may use a Free Freight Allowance (FFA) pricing mechanism to recover handling and freight expense for smaller orders. The benefits extend across both shippers and their customers. Shippers reduce pick, packaging, handling and shipping expense with fewer and larger orders. Customers reap the benefit with a lower delivered price when they order a […]
Rockfarm Supply Chain Coaching
The last few years have seen most LTL carriers revise and add a number of accessorial changes to their rules tariffs that have created opportunities to increase revenue. The challenge for shippers has been defining the meaning and how the carrier is applying a new or revised accessorial. A case for review are delivery notifications. […]
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