TRANXACT.AI Training

Freight Management

Who moves it, what they charge, the instruction they are given, and where it has got to.

12 steps · 10 questions · 11 screens on this shelf

The screens on this shelf

Records Carriers Who moves it. A carrier IS a supplier as far as payables is concerned, so a freight invoice posts against the supplier record rather than into a second ledger. 13 stepsOpen Records Carrier Services What a carrier sells. "UPS" is not a service; "UPS 2nd Day Air" is, and it is the thing that has a transit time and a cutoff. 13 stepsOpen Records Transport Lanes Origin region to destination region, by mode. The unit a rate is quoted on and the unit a spend analysis is done on. 13 stepsOpen Records Freight Classes The NMFC scale. Density, stowability, handling and liability decide it, and it is the single biggest driver of an LTL price. 12 stepsOpen Records Freight Tariffs A price agreement with a carrier. The rate basis is what lets one engine price parcel, LTL and truckload: three different arithmetics, one lane comparison. 13 stepsOpen Records Accessorial Charges What a carrier charges for beyond moving the goods. Half a freight bill is usually these, and an accrual that ignores them is wrong by half. 15 stepsOpen Records Freight Orders The instruction to a carrier: collect here, deliver there, these stops in this order. Tendered, accepted, refused, offered to the next one down. 14 stepsOpen Records Rate Shopping What came back when several carriers were asked. Kept rather than thrown away: "why did we ship this on the expensive one" is a question somebody asks three weeks later. 19 stepsOpen Records Routes The drawn line and the plan behind it. Sequencing the stops is nearest-neighbour with time windows pulling a stop forward: crude, fast, and typically within a fifth of optimal on a delivery round. 14 stepsOpen View Tracking Events What the carrier told us, when. The evidence behind an on-time-delivery figure, normalized so a dashboard does not have to know that UPS says "I" and FedEx says "IT". 13 stepsOpen View Carrier Scorecard Computed rather than typed: what each carrier moved, what it cost, how much of it arrived on time, and how often their invoice was wrong. 14 stepsOpen

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