Transportation Insight Showcases Logistics Solutions for the Filtration Industry at Filtration 2012 Global 3PL Presents Innovative Approach to Cost and Claims Reduction
HICKORY, N.C., Nov. 12, 2012 /PRNewswire/ -- Transportation Insight, a leading global third-party logistics (3PL) provider, will present strategies for improving the profitability of filtration manufacturers and distributors at the Filtration 2012 International Conference and Exposition in Philadelphia, November 13-15, 2012. The nationally-recognized 3PL designs supply chain solutions specifically customized for the filtration industry to help companies reduce logistics costs and claims frequency.
"Because we manage billions of dollars in transportation contracts and have exceptional knowledge in rate making, we are able to bring specific economies to clients," says Transportation Insight Founder and CEO Paul Thompson. "There's probably no other more positively impacted industry from this than the filtration industry."
Logistics data shows that when it comes to shipping lightweight filter products, freight costs are normally very high, because transportation is charged in large part by space. With the combination of low product value and exceedingly high freight costs, freight cost as a percentage of sales can be as high as 25 – 30% of the cost to distribute the product.
"Our ability to improve freight cost as a percentage of sales makes a positive impact for our clients," says Thompson. "In filtration, we're able to significantly improve their profitability by reducing the cost of purchased transportation. The additional value we bring is business insight, continuous process improvement and enhanced service to make a better company."
As a Filtration 2012 exhibitor, Transportation Insight will present case studies on how the logistics provider has helped filtration market leaders reduce claims and associated monetary losses by over 35%. The 3PL's co-managed approach and logistics support is especially beneficial in an industry that has seen eroding profit margins from increasing raw material costs, competing low-cost imports and rising damage claims.
INDA, the International Nonwovens and Disposables Association, hosts the Filtration 2012 International Conference. INDA is the leading global association of the nonwoven fabrics industry. Since 1968, INDA has provided a variety of industry-focused networking events to help members increase sales and market share.
About Transportation Insight, LLC
Transportation Insight is a global lead logistics provider with more than $1.2 billion in supply chain spend under management. For over a decade, the 3PL has partnered with hundreds of manufacturers, distributors, and retailers to achieve significant cost savings, reduce cycle times and improve customer satisfaction rates by providing customized supply chain solutions. Transportation Insight offers a Co-managed Logistics™ form of 3PL, carrier sourcing, freight bill audit and payment services, state-of-the-art transportation management system (TMS) applications, and business intelligence. Its logistics services include domestic transportation, international transportation, warehouse sourcing, LEAN consulting and supply chain sourcing of indirect materials.
For more about Transportation Insight, visit www.transportationinsight.com.
Contact: Lisa Santos Farley, Manager of Marketing and Public Relations. Email: firstname.lastname@example.org Phone: 828-485-5000
SOURCE Transportation Insight