How to Maximize Parcel Savings with Smart Shipping | Episode 41
As companies face tighter margins, optimizing shipping costs — especially in Parcel and LTL — has never been more important. Smart shipping strategies empower Shippers to rethink traditional Parcel shipments by leveraging technology for better, cost-saving decisions.
In episode 41 of Banyan Technology’s Tire Tracks® podcast, Chase Smith, Vice President of LTL and Parcel at MODE Global, shares insights into how Parcel costs can be minimized through technology.
Smith explains how technology helps Shippers streamline their operations by consolidating multiple smaller Parcel shipments into larger, more economical options, and how technology is providing real-time data and modal flexibility to make smart shipping decisions that maximize savings across modes.
“Parcel savings are about having options, understanding the true costs and using data to decide which mode best meets your needs,” said Smith. “With the right tools, Shippers can control costs without sacrificing speed.”
Smart Shipping Episode Key Points
- Introducing Chase Smith, VP of LTL & Parcel at MODE Global.
- MODE Global’s proprietary technology, VPO (Visibility, Predictability, Optimization).
- How VPO helps in modeling different distribution processes and consolidating loads.
- Replacing tribal knowledge in the industry as people retire.
- Partnering with MODE Global and how they leverage their global data.
- Quantifying your carbon footprint and identifying conversion opportunities.
- The importance of smart shipping
- Key takeaways on building business relationships and providing value.
“What we’ve been working really hard on is how do we use our data to help inform not just our decisions, but provide incremental value to our customers when it comes to making smart and informed decisions around how do you tender your freight.” — Chase Smith [0:06:55]
“Not only do we show you where those conversion opportunities are and what the impact on the emissions could be – we can quantify a footprint.” — Chase Smith [0:08:27]
“It’s really difficult to retain and attract quality talent.” — Chase Smith [0:17:08]
Discover how technology can help you implement smart shipping strategies. Click above to view Tire Tracks episode 41.
Subscribe to Tire Tracks on your preferred podcast app to receive notifications of new episodes released twice each month.