Automating Accessorial Spend Reduction
In today's volatile market conditions, controlling costs is essential to maintaining profitability. With FourKites' end-to-end supply chain visibility, businesses can automate the reduction of accessorial fees, ultimately becoming preferred shippers. By leveraging real-time data and insights, companies can make informed decisions to optimize their operations and reduce unnecessary expenses.
Detention & Demurrage Cost Management
Unplanned costs, such as detention and demurrage fees, can significantly impact a company's bottom line. FourKites offers alert-based reporting and dashboards that provide visibility into current operational realities, allowing teams to proactively manage unloading schedules and container movements to avoid incurring fees. Through proactive monitoring, businesses can effectively control detention and demurrage costs.
Preventing OTIF Failures with SKU-Level Visibility
On-Time In-Full (OTIF) performance is critical for maintaining strong supplier relationships and avoiding costly penalties. FourKites provides SKU-level visibility, proactive alerts, and accurate predictive ETAs to empower operational teams to make timely decisions in response to disruptions. By adjusting shipping plans and appointment times based on real-time data, companies can enhance their OTIF performance and minimize revenue-draining charges.
Mastering Multimodal Detention Fees
Managing detention fees across multiple modes of transportation can be complex. FourKites simplifies this process by providing customized detention alerts that combine in-transit and at-facility dwell times, offering a comprehensive view of detention expenses. By accurately tracking free time and detention costs, businesses can optimize their logistics operations and reduce unnecessary spending.
Enhancing Collaboration with Carriers
Effective collaboration with carriers is essential for smooth logistics operations. FourKites enables companies to create precise geofences around pickup and delivery locations, ensuring accurate shipment records and transparent communication with carriers. By eliminating disputes over accessorial charges and incorporating performance metrics into carrier negotiations, businesses can foster stronger partnerships and drive better outcomes.
Optimizing Performance Metrics and Cost Reduction
In addition to reducing accessorial fees, FourKites helps companies improve various performance metrics, such as customer service, supply chain costs, and team productivity. By leveraging advanced visibility and analytics tools, businesses can enhance their operational efficiency, strengthen customer relationships, and drive sustainable growth. FourKites offers a comprehensive solution for transforming supply chain operations and achieving business success.