3PL Case Study

COMPLEX CARRIER BID ANALYSIS
A large 3PL provider performs over 200 carrier bid analyses each year. A recent analysis for a manufacturer of paint, fragrances and personal care products involved over 700 transportation lanes, 9000 shipments, 40 carriers and over $23M transportation spend.

With Radical Tools, the logistics analysts were able to reduce the time required to setup and run the analysis by 67%. Radical Tools enhanced the team’s responsiveness – handling updates to rates or carriers in minutes instead of hours.

THE BOTTOM LINE: ROI IN LESS THAN 1 MONTH
In addition to providing faster analysis, Radical Tools enabled cost reductions and process improvements. The final solution included 27% fewer carriers at a lower total cost. In addition, the analysts could consider incentive rates from carriers, evaluate what-if scenarios turning carriers on and off, and evaluating transit time requirements systematically.

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