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.
Logistics and Transportation 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.
Transportation Planning and Management
i2 solutions for transportation and distribution have been designed and proven to empower transportation as a strategic enterprise by enabling industry best practices in the areas of design, procurement, planning, execution, and visibility. These solutions consistently create quantifiable value by synchronizing those critical transportation and distribution processes across multiple modes, enterprises, and borders, while driving optimal operating efficiencies and greater service performance.
i2 Transportation Planning and Management uses configurable business rules and appropriate constraints to transform order fulfillment, procurement, and replenishment plans into cost optimized and executable transportation plans that adhere to facility inventory and transportation network constraints. By managing the entire transportation life cycle, this solution can help reduce costs, improve transport efficiency, and enhance customer satisfaction.
Transportation Modeling and Analysis
In order to improve transportation performance and efficiency, it is essential to understand the complexities that businesses face today. A system capable of monitoring, analyzing, and reporting on important transport activities must be available. Unfortunately, few companies have the specialized systems needed to model and evaluate transportation network strategies, modes, carriers, and other transport variables on a periodic basis.
i2 Transportation Modeler is part of an end-to-end solution for the planning, execution, and management of the entire transportation life cycle. This solution is designed to enable an organization to better utilize and manage an entire transportation network, as well as reduce costs while improving transport performance.
Transportation Bid Collaboration
Companies at every stage of the supply chain are looking for ways to control costs, improve service, and accelerate return on investment. By working together to negotiate transportation rates, shippers, carriers, and third-party logistics providers (3PLs) can establish fair and accurate contract rates by lane and service. But to do that, a sophisticated and reliable information system is required.
i2 Transportation Bid Collaboration provides a suite of tools for the periodic negotiation of transportation rates. It combines an optimization engine, a web-based workflow, and a bidding tool into a single solution for negotiating and awarding transportation contracts.
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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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