We've been talking about lowering your transportation costs even as rates are going up, and many have asked us, "How is that possible?" Well, one important piece is being willing to have the "dark conversations" we mentioned last week and talked about with supply chain leaders at Home Depot.
I recently spoke to a large group of supply chain professionals at The Home Depot, and part of my talk included the topic of "dark conversations", the kinds of conversations that require you to face hard truths about you and your business. Dark conversations are critical for making tough decisions that can propel your company to success, and you can learn more about them from this video snippet from my talk.
In this week’s video we address a very important subject—companies who say they want to reduce their freight costs frequently overlook addressing internal factors that affect those costs.
Based on experience we know that economic conditions can have a significant impact on carrier rates. That is why we encourage shippers to consider what is going on in the economy when they put together their transportation spend management plan.
