Logistics expense represents the second or third largest component of an importer’s expense structure. Despite the magnitude of this expenditure, logistics processes and pricing are often not understood by the C-Level suite. CoMetrics SCM partners with its clients to drive cost savings, enhance visibility, and optimize inbound and outbound logistics management by bringing transparency and systemic solutions to this critical area of importers’ operations.
The international freight market is volatile and unpredictable. The optimal strategy last season may no longer apply to today’s market conditions. Logistics solutions are not one size fits all. CoMetrics SCM partners with its clients to establish customized Cargo Management solutions executed in accordance with a detailed Standard Operating Procedure that is crafted around the specifics of each organization’s goals and challenges. By establishing a flexible transportation matrix that incorporates definable criteria such as cost, transit time, service mode, and equipment utilization, our clients are able to optimize transportation decisions without sacrificing service. When sufficient volume permits, combining one or more direct carrier contracts with a strong NVOCC adept at consolidation provides our clients with the ability to drive savings by accessing fixed or spot rate options depending on prevailing market conditions.
Creativity and a high degree of market intelligence provide for customized solutions that are in our clients’ best interest, not our own.
Very often the difference between meeting retail ship windows and requesting an extension lies in an importer’s visibility, or lack thereof. Availability of information with sufficient time enables the importer to employ cost effective proactive decision making. Effective utilization of electronic purchase orders at origin heightens collaboration and enables validation of key cargo and documentation elements such as cost, packing arrangements, and delivery requirements. Utilizing EDI to drive automation and standardization in inbound logistics management has proven to reduce processing costs by up to 50%.
Our proprietary web-based visibility platform provides real-time status on vendor purchase orders, freight bookings, shipments, containers, in-transit inventory and customs clearance status – down to the item level. This facilitates transparency in real time, from a single source, enabling our clients to manage processes by exception and increase productivity. Reports can be scheduled for automatic delivery based on specific functionality and user-defined preferences.
Our clients are able to transcend the status quo by replacing outdated, inefficient methods with strategies and initiatives that optimize the flow of product, information and business processes across their supply chains.
Invariably, the most successful outcomes we have achieved for our clients began with a collaborative approach to qualifying and identifying the areas of the supply chain that present the greatest opportunity for savings, efficiency creation, and operational improvement. By analyzing costs, provider mix, process flow, visibility, compliance and reporting, we are able to quickly quantify the savings potential and articulate the qualitative value we can deliver by partnering with a potential client. Most importantly, we perform our SCM Diagnostic free of charge with one caveat – our findings must be reported to ownership/C-Level Executives.