Building and Optimizing Truckload Shipments with Technology
There’s increased pressure on logistics teams to build perfect truckloads and optimize every route. Freight costs are rising due to the capacity crunch and rising consumer expectations, so cutting freight costs is top of mind for many companies this year. But building the perfect truckload is a challenge for companies that are still manually building and routing their truckload with only the help of a spreadsheet and tribal knowledge.
There are countless factors to take into consideration such as delivery date, location, class, weight and size. Weighing all of these factors without the help of technology usually results in missed opportunities and wasted resources. Instead of pouring through spreadsheets and manually grouping orders onto a single truck, companies can leverage technology to build and optimize the perfect load every time.
Smart algorithms suggest combinations which make sense, save time and help companies achieve the lowest possible costs for their shipments, all while still adhering to pre-determined parameters. Users set the parameters for the truck they want to build, adding in LTL constraints, specifying single stop, pickup and delivery date, maximum capacity, or unit of measure, etc. This ensures that logistics teams still have the flexibility to make changes based on customer requests and other unknown factors.
When load building and optimization technology is built directly into a transportation management system (TMS), the router or scheduler can view all unscheduled orders in an intuitive portal before seamlessly routing the shipment. They can filter by route, warehouse, order type, commodity group, date for delivery, account, order source or even pooling location to build a load with the parameters of their choosing.
Technology like Kuebix’s Load Builder and Optimizer is helping companies move away from manual processes and ensure they are always building the most optimized truckloads. Users can view routes on an interactive map, consolidate shipments with easy drag and drop features, and get alerts if any pre-determined parameters aren’t met. Users save time by comparing the most cost-effective and optimized loads and routes and can easily manage first mile, final mile and pool distribution shipments.
With load building and route optimizing technology, companies gain complete control overload consolidation and optimization. They never miss an opportunity to save money and can plan loads and routes with transparency in an organized way. With pricing analytics at their fingertips, logistics teams can even compare pre-consolidation and post-consolidation costs to see exactly how much money is being saved.