FINANCIAL, OPERATIONS, AND CUSTOMER SERVICE IMPROVEMENT
Given the extended supply chains within the global marketplace, companies need transportation strategies designed to achieve the service levels that customers demand while reducing costs. Companies today face numerous transportation challenges, including rising fuel costs, new regulatory mandates, and global operations with higher levels of lead time variability. All of these factors make transportation costs a larger percentage of the cost of goods sold.
Customers have increasing demands for transportation performance, higher on-time delivery performance, and reduced damage-in-transit. They expect transportation providers to be flexible and quickly adapt to order changes. Add to all of this an increased need for global freight visibility and control, and companies are scrambling to find the right solution to quickly address these challenges.
i2 Total Logistics Management accomplishes this by supporting processes including carrier contract negotiations, transportation network modeling, shipment order handling, freight planning, order execution and monitoring, and freight financial settlement. The solution suite encompasses transportation procurement, planning, execution, and monitoring.
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Transportation Management at LG Electronics: Act Locally. Manage Globally.
i2 enables one of the world’s largest consumer electronics manufacturers to rapidly implement best-practice transportation management solutions and synchronize intra-enterprise workflows across distributed operations, resulting in an 8 percent reduction in transportation and distribution expense.
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