As the economic recovery continues to manifests, several things are certain – fuel costs will eventually rise, truck capacity will tighten, the growth of trucking fleets will hinder due to increasingly constrained driver availability and pricing control will begin to shift away from shippers.
With base rate increases and fuel surcharge fluctuations on the horizon, best-in-class companies understand the need to become carrier-friendly and to establish strong carrier relationships in order to weather these future challenges.
Since the majority of transportation expenditures are incurred through long-term carrier contracts, strategically sourcing transportation services is foundational to successfully managing supply chain costs. But conducting a freight procurement event has traditionally been a tedious and time-consuming process. So what if companies could easily configure a web-based tool to handle the level of complexity of transportation sourcing?
LeanSource™, a software-as-a-service (SaaS) based e-sourcing platform, gives organizations the ability to source carriers and other transportation providers quickly and easily, even without a Transportation Management System. With LeanSource, companies can solicit and optimize carrier bids, and award freight rates and capacity in an automated, streamlined, and repeatable manner.
LeanLogistics’ proprietary optimization engine handles robust award scenario development and ensures that only executable options are generated for LeanSource users. Companies can evaluate scenarios side-by-side using embedded dashboards and reports to make better award decisions.
From seasonal volume profiles to equipment requirements to incumbent carriers to lane-based shipper targets, LeanSource considers key business factors for greater evaluation into market rates. Additionally, companies can elect to add LeanDex™, transportation rate index, for greater evaluation and benchmarking capabilities.
LeanSource™ was easy to set up and very efficient to use, which enabled a quick and positive RFP experience for our carriers through a process we can duplicate in the future as the need arises. We were also happy with the support from LeanLogistics that helped us achieve a successful event.
–Director of Strategic Initiatives, Leveraged Execution Providers (LXP)
The results not only consider transportation costs, but include available carrier capacity, carrier risk, and carrier partnerships. LeanSource gives companies access to leading transportation industry technology in order to structure and execute sourcing events online that deliver real, measurable results without the substantial commitment of time, resources and financial investment.