To meet a CEO-mandated directive to reduce network costs by 15%, a global steel manufacturer needed to establish a more strategic approach to sourcing and carrier management.

By partnering with Transplace Supply Chain Consulting Practice (TSCC) to execute a Strategic Transportation Optimization (STO) project, the steel manufacturer was able to:  
  • Create a freight spend baseline
  • Develop a comprehensive capacity sourcing RFP and execute a multi-round sourcing event
  • Produce an optimized routing strategy
  • Provide freight audit and payment solution for data availability, collection and accuracy for operations in Mexico
  • Generate 17% (over $9.7MM) in annual savings

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