The report details how Best-in-Class companies have leveraged transportation spend management solutions together with process improvements to keep costs under control and maintain high levels of carrier and freight performance.
- Best-in-Class companies are reducing transportation spend by 2.5% over last year
- Best-in-Class companies have an on-time delivery rate of 97.2%
- Best-in-Class companies reduced their transportation spend year-over-year
"On top of the efforts made in prior years, over 20% of companies are enhancing B2B connectivity, and over 50% are investing in process or technology improvement to heighten the degree of visibility and collaboration they have with external groups,' said Mr. Heaney. 'But the real benefits of transportation collaboration are transformational as the Best-in-Class are turning their integration efforts toward the long term - 72% are reacting strategically to effect realignments of their networks. 'They are restructuring and transforming their supply chain and not merely reacting."