Holland, Mich. Aug-12, 2010 — LeanLogistics, a global leader in innovative SaaS transportation technology and supply chain services, has released the findings of a recent carrier procurement survey, documenting the shift to more frequent procurement, coupled with the growing need for technology to offset hours.
LeanLogistics surveyed a wide range of truckload and LTL shippers throughout North America. Of the 112 respondents, 71% indicated they have moved from an annual procurement to an on-going, as needed process. Nearly 52% indicated a shift to a lane-by-lane or region-by-region analysis.
Of the companies surveyed, 70% of executives believe technology can improve and streamline their transportation procurement events when used strategically as part of the process. The irony is that executives in this space are slow to adopt new applications, with more than 80% indicating they still use manual methods.
“Procurement technology is trending similar to TMS,” said Chris Timmer, LeanLogistics VP of Marketing. “Best of breed procurement technology should be considered as a strategic tool to drive cost savings and efficiencies internally and externally.”
Technologies that streamline transportation procurement can reduce a basic 100 carrier / 1000 lane procurement event from the traditional 300+ staffing hours to 40 hours or less, allowing cost savings to be realized in the process as well as on transportation spend.
The complete report, entitled An Evolution in Transportation Procurement Practices, is available here (http://www.leanlogistics.com/getattachment/08664742-f505-496c-bb37-69df9c2c35b5/An-Evolution-in-Transportation-Procurement-Practic.aspx).
For more information on LeanLogistics LeanSource™ procurement technology, visit www.leanlogistics.com.
About LeanLogistics
LeanLogistics is a global leader in SaaS transportation technology and supply chain services. LeanLogistics On-Demand TMS® delivers complete transportation planning, execution, settlement, and procurement functions, as well as powerful visibility and business intelligence features, that improve business processes, increase operating efficiency, and reduce costs. On-Demand TMS® currently processes millions of shipments per year representing over $5 billion in annual freight spend across the largest transportation network -- more than 51,000 shippers, suppliers and trading partners interacting with nearly 7,000 carriers.
For companies outsourcing their transportation management, LeanLogistics offers Managed Transportation Services, GreenLanes and Carrier Procurement Services that combine the power of the On-Demand TMS® network with best practices and transportation expertise to ensure clients receive maximum value.
LeanLogistics was founded in 1999 by logistics and transportation executives with a shared vision of leveraging web-based technologies to optimize supply chain processes. Headquartered in Holland, MI, LeanLogistics is a Brambles Company. For additional information, visit http://www.LeanLogistics.com or call 616.738.6400.
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