SCOPE Supply Chain Conference; Creating Strategies for Inbound Freight
While attending the SCOPE Supply Chain Conference and the Procurement Summit, at the Renaissance Schaumburg, Chicago last week, we had the opportunity to meet with companies of all sizes from a wide range of industries. The SCOPE Conference continues to attract an increasingly diverse set of companies, and we were excited to have conversations and develop possible solutions for their logistics challenges. There was a nice mix of new companies and companies that we’ve spoken with at previous SCOPE events. We always like regrouping and continuing our conversations with the companies that we’ve met at previous events.
Logistics in 3D: Diagnosis in 20 Minutes
We really enjoy the format of the SCOPE Conference in part because of the focused meetings we get to have with companies. We love the challenge to convey how RateLinx can solve a company’s tough logistics problems in a 20-minute conversation. We start by asking questions the right questions so we can quickly get to the bottom of the real issue and truly understand how we can help. Often, the issue the company describes at the beginning is merely a symptom of a much deeper problem. We utilize our Logistics in 3D approach (Diagnose, Develop, Deploy) for everything we do, from the first conversation to implementation to ongoing consultation. By asking the right questions we can diagnose the real issue and develop a few next steps that can be deployed at the company.
Creating Strategies for Inbound Freight Regardless of Company Size
In previous years, we observed only larger companies were interested in developing strategies around their inbound freight and trying to leverage their data to gain insights. Now, companies of all sizes are trying to manage the inbound piece of their supply chain and utilize data for track & trace visibility as well as to gain financial insight into how they are performing. Companies now realize that freight is no longer a tactical necessity and it must be a strategic asset if they are going to compete today.
To create an effective logistics strategy, a company must start with good, clean data. Our Intelligent Invoice ManagementSM‘? and Radar Track & TraceSM technology offers data services to meet the needs of any size of business with data standardized to their own specifications. Good data will give you the insights you need to take cost-saving action. If you’d like to discuss how to better manage your inbound freight with a data-first approach, please reach out to me.