The Transportation and Logistics Industry

trends are lead indicators of economic performance. This industry is on a path of recovery from the global slowdown however they are still facing challenges in:

Reducing total cost of operations without impacting service levels
Asset and talent utilization - Low tonnage, backlogs, YOY logistics cost deflation demand from shippers and a shrinking pool of supply chain and logistics professionals
Logistics Network performance - Non Standard and discontinuous approach to logistics performance measures, and dynamic changes in network design
Global supply chain and logistics visibility and efficiencies
Cash flow and Day Sales Outstanding (DSO) improvements

In this environment, transportation and logistics companies will have to develop the ability to anticipate evolving customer needs, adapt to change, address both opportunities and uncertainty to drive better business outcomes and outcompete.

Genpact’s global shared services model help transportation and logistics companies achieve global cost visibility and optimization, enhanced profit margins, increased supply chain effectiveness and faster speed to market. This approach decouples transactional and informational flows from the physical movements in a company’s logistics supply chain and enables them to become:

Adaptive through Genpact’s virtual “On demand as a service” team of supply chain and logistics, operations research and industrial engineering professionals helps companies with effective asset utilization strategies, real time visibility into network performance and fleet mix planning.
Connected through a ‘Virtual Captive’ model which seamlessly integrates a company’s core and support functions reducing its total cost of operations by 20-30% and efficiency gains of 5-7%.
Smarter through our strong finance and accounting experts who design the right collection strategies to increase DSO and cash flow improvements.

For a large truck leasing company, Genpact established a global shared services platform, delivering cost and transaction productivity and an overall savings of $80 – 100 million.
For a global 3PL major, Genpact implemented an end-to-end collections process redesign and centralization strategy and delivered cash flow improvement by $24 million and reduced bad debt by $14 million.
For two global parcel shipment majors, Genpact is delivering end to end finance and accounting services from China and Mexico.

Genpact is the knowledge Partner of Procurement Leaders Forum in Chicago and is hosting an exclusive 'Executive roundtable over a VIP luncheon'
March 21, 2013, Chicago

visit: http://www.procurementleaders.com/forum-chicago-mar-2013