New Year’s resolutions are fine and dandy – but without an effective plan and realistic expectations, most of them fall short. Such is the case with navigating the complex LTL industry for many manufacturers. Whether your manufacturing company serves a global market or those in the same city or state as you, there are a few important items that any manufacturer should consider when planning their LTL freight needs for 2019.
Noted below are 3 LTL freight best practice resolutions that are specific and unique to manufacturers that if followed can save your company money, improve customer service, and prepare you for financial success in 2019.
One of the biggest mistakes made by any shipper is understanding what shipment option is best. In a perfect world, your manufacturing company would ship entire truckloads to one customer at a time. However, very few manufacturers are blessed with this volume of business. So, the first resolution that any sized manufacture should make for 2019 is having a clear understanding of the factors that should determine which shipment method is best.
Here are three items to consider when preparing your 2019 shipping needs.
In years past, the golden rule of logistics was to establish relationships with a few, dependable carriers that you could trust. While this is still a good idea, the key is to diversify your carrier network – and expand the relationships to specialists. This resolution is especially critical for manufacturers who have specific requirements for their supply chain operations. A few examples include:
2018 saw a rapid increase in the use of DIM weight-based shipping – especially in the LTL space. The DIM system of freight charges was initially created by express parcel shippers like Fed Ex Express but has expanded into LTL thanks to the introduction of dimensioners or dimension-measuring equipment. If you’re not familiar with this type of measurement, it factors the size along with the weight of the freight, to determine the most accurate and fair rate. Due to this fact, smart manufacturers should place an emphasis on accurately measuring and setting up shipments (especially LTL) that are optimized for efficiency and reduced freight charges.
For a manufacturer, navigating the supply chain can be complex, frustrating, and time-consuming. Working with an experienced 3PL or third-party logistics provider can significantly reduce the hurdles and struggles that most manufacturers struggle with, allowing them to focus on quality control, building their consumer base, and improving customer service. An experienced 3PL has relationships with hundreds of carriers, understand all the best practices, and finds creative ways of not only saving their clients money but ensuring on-time delivery of their freight shipments.