As customer delivery costs continue to rise, knowing you are getting the best value for money from your palletised transport providers is more important than ever.
Our Gold Standard Index™ (GSI™) transport benchmarking helps you to quickly identify the areas of potential saving to tackle, without the need to run a tender.
Benchmarking is a vital tool within logistics, though its relevance to the transport sector has been limited by the variables of distance, drop size, location and route to market, which makes it hard to provide an apples-with-apples comparison.
Simply Supply Chain developed the Gold Standard Index (GSI™) benchmarking tool to provide logistics directors with commercial and operational insight that they can actually use and act upon, to improve their performance and cost-effectiveness.
By comparing your unique activity profile against the standard and we can use the result to compare you anonymously with your peers and other 3PL solutions. By using true like-for-like comparisons we overcome the previous limitations of transport benchmarking and give you real insight to target realisable results.
By comparing like for like scenarios, we create an activity profile using 3 months worth of consignment data.
We provide a full analysis of your current solution and costs compared against procured transport sustainability, at upper-quartile service levels across consignment size and geography.
We evaluate your profile against the GSI™, identifying where and by how much your solution differs from Gold Standard.
Referencing your profile against peers alongside our understanding of your operation and unique marketplace knowledge, we can then recommend the quickest wins with the largest impact for fast results.
We've run over 100 benchmarks in the recent years, and 65% of companies who run our benchmark find they are paying 15% more for Gold Standard. If tendered, they have then been able to reduce costs of at least half that premium for returns between 20 - 50x on their investment.
If you want the full details on our Gold Standard Index logistics for reducing your transport costs, download the ebook via the button below.
You can also view our case studies here to see the real results we have delivered.