When it comes to material management it is essential to be able to track orders as they progress through the supply chain. Equally important is an understanding of the lead times in order fulfilment and to manage stock levels in accordance with these times.
Pentagon, through our in-house, proprietary material Management tool, Insight can provide the visibility required to allow significant shifts in the supply chain leading to tangible cost savings.
We can pinpoint several examples where we have driven significant savings. In one such case we were able to identify that 70% of purchase orders were placed as urgent airfreight in year one of the contract. In the second year, in collaboration with our client, we drove a significant switch to sea freight with only 30% of orders being placed as airfreight and continued the trend in year three despite increased levels of activity.
This switch came about by providing visibility to a client that operated in a challenging environment. Given the significant switch in mode of transport from airfreight to sea freight the clients costs per kilo of freight moved reduced by 47%.
Pentagon Freight and Carlbom Shipping Attend Off-Shore Wind Event
Pentagon Freight Services and Carlbom Shipping shared exhibition space at the Offshore Wind North East Event in Sunderland last week. The event showcased some of the world’s largest offshore wind farms that are going into development in the coming years, off the East coast of the UK. With a great attendance by the industry, both […]