Spotlight on Business Intelligence: Carrier KPI Report

Carrier KPI Report Synopsis

This Carrier KPI report provides a comprehensive breakdown of freight spend by carrier, including key performance indicators (KPIs) such as total cost, shipment count, weight distribution, cost per pound, cost per mile, and average shipment distances. The data is visually represented through a pie chart, highlighting the top carriers by spend.

How Revcon Clients Can Use This Report

1. Cost Optimization

   • Clients can assess which carriers are driving the highest freight spend and evaluate if cost efficiencies can be achieved through alternative routing, consolidation, or carrier negotiations.

   • The cost per pound and cost per mile metrics allow businesses to compare carriers side by side for cost-effectiveness.

     
     

2. Carrier Performance Evaluation

   • By analyzing shipment count and weight distribution, clients can determine which carriers handle the majority of their freight and ensure service levels meet expectations.

   • The average miles per shipment metric provides insight into whether shipments are traveling optimal distances for cost savings.

     
     

3. Strategic Decision-Making

   • Clients can use the cost per shipment metric to refine transportation budgeting and forecasting.

   • High-volume carriers like Pitt Ohio Express Inc. and Southeastern Freight Lines Inc. may present opportunities for bulk rate negotiations or preferred service agreements.

     
     

4. Operational Efficiency

   • Weight distribution analysis helps businesses ensure they are leveraging the right carriers for different load sizes.

   • Identifying higher-cost carriers with lower shipment volumes can help businesses redirect freight to more cost-efficient providers.

     
     

5. Network Optimization

   • Clients can track mileage distribution to assess regional freight strategies and determine if consolidating shipments or shifting carriers would improve cost efficiency.

   • The "Other" category in the pie chart suggests there may be minor carriers that could either be consolidated or leveraged strategically for specialized shipments.

By leveraging this report, Revcon clients gain data-driven insights to make smarter logistics decisions, reduce transportation costs, and improve overall supply chain performance.