- Solution overview
Global transportation management and logistics
In a complex world, an optimized supply chain can do so much more than deliver the goods
Challenge
A combination of international crises – mainly the COVID pandemic, trade conflicts, and the Russia-Ukraine conflict – has seen shipping costs skyrocket anywhere from 50% to 500% over the past two years. Supply chain professionals face urgent demands and conflicting priorities across virtually every aspect of their job. They're dealing with:
Meanwhile, heightened international regulations and tensions are adding to supply chain complexity, meaning more noncompliance fines, customs delays, duty cost increases, and higher-cost countries of origin for manufacturers.
Solution
With so many moving parts affecting supply chains, getting a handle on transportation and logistics can seem daunting. It needn't be. At Genpact, we take a comprehensive approach to these issues, bringing them into line for our clients and making their transportation and logistics systems best in class. Our goal is to improve every aspect of your logistics operation's effectiveness to keep your customers happy while reducing overall costs.
Our services offerings can run virtually every aspect of your operations:
With all this information in hand, we deploy a logistics control tower with predictive analytics capabilities, which is essential technology for state-of-the-art supply chains today. This can run:
Impact
The value of this end-to-end, holistic approach to logistics and transportation is clear – enhanced category planning and strategic sourcing to maximize savings, use resources efficiently, and reduce costs for greater speed to value.
Our approach to supplier management uses analytics to objectively score their performance and identify both upstream and downstream risks, providing data-driven methods to develop and diversify the supply base.
We evaluate markets and provide industry analytics to give you real-time insights to optimize operations and planning as well as manage inflationary pressures.
Our approach and capabilities have helped our clients:
Here's how our services have helped two clients.
A building products manufacturer and retailer wasn't using its transport management system (TMS) to full capacity. We redesigned it, trained employees how to use it and by the time our work was complete, we'd reduced the number of trips and loads the company's fleet was making by 5% and provided greater visibility into the status of inbound and outbound shipments.
A lighting systems automotive sector client was facing smaller shipments, a rising product portfolio, and more demanding customers. These and other factors were causing logistical challenges. We set up a scenario and defined user cases for a supply chain control tower to enable advanced partner and cost management that reduced the total cost of logistics by 14%, even in the face of the company's shrinking volume.