Self-analysis of logistics performance enables companies to uncover hidden improvement opportunities, minimize risk and pave the way for supply chain optimization. However, KPI metrics are only as good as the thoroughness of the data that you are able to measure. Shippers often have to compile data from multiple locations and systems.
Logistics organizations must also rely on third parties like carriers, freight brokers, 3PLs and LSPs to provide their portion of the execution and fulfillment data. Even if your partners are willing and able to provide you the information, shippers are usually challenged by the task of consolidating all the data from multiple partners and systems that likely are formatted differently. The more carriers you work with, the more labor-intensive this becomes.
Let Transwide provide you a centralized data warehouse and standardized platform for KPI reporting and analysis that will save you and your logistics partners time and yield the valuable business intelligence to improve performance and profitability on a daily basis.