Transportation Forecasting
Shift from Reacting to Planning
What if you could plan transportation and logistics with the same level of sophistication and forward-looking visibility as finished goods? What if you could proactively plan capacity by predicting future shipment needs by lane/mode/temperature class/day? What if these forecasts were synchronized with S&OP to ensure that the entire company executes against the same demand plan?
Terra Technology offers a unique transportation planning solution that creates accurate daily forecasts of shipping needs by lane, mode and temperature class. Shippers can finally gain visibility into promotions and volume changes from shifts in physical supply chain configurations to proactively identify capacity issues weeks in advance and secure cost-effective transportation.
“What I care about is how many trucks are going to move from point A to point B and [that] the underlying data that tells us how much demand we should have for all of our products by location is aggregated to a level where I can talk trucks.”
“The capability of getting daily lane-level, mode-level forecasts is going to be, in our estimation, a game changer.”
Tame Market Volatility
Whether you ship finished goods, industrial components, commodities or petroleum, volatile markets and shifting customer demand means simply having Transportation and Warehouse Management Systems is no longer enough. A few days of orders on hand simply do not provide enough depth to properly identify and adjust to increasingly variable demand. Transportation Forecasting is a state-of-the art solution that tames the effects of market volatility, giving you clear visibility of shipping needs well in advance. Break the silos to align Logistics with Supply Chain and Manufacturing through the use of a common operational demand signal synchronized with S&OP plans.
Key Benefits
- Gain accurate transportation planning with visibility of shipping needs by lane/mode/temperature class, including promotions
- Proactively identify capacity constraints in advance to reduce spot transportation purchases and avoid paying premiums for unplanned capacity
- Collaborate with carriers to increase loyalty and gain financial benefits of more accurate budgeting and bidding
- Identify lanes that can be converted from over-the-road to more efficient intermodal transport
- Achieve more effective warehouse staffing
- Enhance sustainability efforts with efficient carrier coordination to reduce deadhead miles and shift to lower-carbon transportation modes
- Complement existing TMS and WMS systems to enhance the value of your current investments