1. TOP FIVE SIGNS IT IS
TIMETO SWITCH
CARRIERS
LOGICAL MARITIME SERVICES LIMITED
www.logicalmaritimegh.com
2. Top 5 signs it is time to switch carriers:
1. Financial Warning Signs
With many carriers reporting first quarter losses in
2015, now might be a good time to check the
financial health of your current carrier. While a
one-time quarterly loss isn’t a reason to
immediately run for the exits, a string of quarterly
losses most likely has deeper considerations than
just the state of the global economy.
3. Top 5 signs it is time to switch carriers:
2. Uncompetitive Rates
Let’s face it, it is always easier to stick with an
incumbent provider than bringing in a new
partner. The reasons are many, including I.T.
connectivity, customer service and sales familiarity,
and knowledge of your business to name a few.
4. However, if your current carrier is simply not market
competitive it might be time to either have a rate
conversation or take your services out to bid.
The term uncompetitive will largely be defined
within your own corporate culture and how much
you are willing to spend to remain with a company
that provides good service is a personal decision. It
is not always about the lowest rates…just market
competitive rates for a fair competitive service.
5. Top 5 signs it is time to switch carriers:
3. Service Standards
With many carriers offering similar services (ie
moving boxes from A to B), one huge differentiator
is the level of service that is provided by your
carrier. If the level of customer service offered by
your incumbent carrier has slowly deteriorated
over the course of your business dealings, it might
be time to shop for a carrier that is eager to provide
you with stellar service.
6. Also, pay close attention to the level of support you
are offered from a commercial perspective. There is
something to be said about having consistency in
sales support.
7. Top 5 signs it is time to switch carriers:
4. I.T. Dark Ages
In today’s modern world, knowledge is power, and
no more so than in today’s competitive supply
chain environment. The days of monitoring your
supply chain via spreadsheets are over. If your
carrier does not have the tools necessary from an
I.T. perspective to assist in managing your business
on a day to day basis, then it is time to take a look
at alternate options.
8. One of those options might be to research I.T.
connectivity methods with your carrier through a
third party supply chain platform.
9. Top 5 signs it is time to switch carriers:
5. Internal Changes
As your company (hopefully) grows, it is important that
your existing carriers grow with you. If you have outgrown
the service capabilities of your carriers, whether it is in I.T.
requirements or shipment volumes, then now is a good
time to start identifying any current shortfalls. Once
identified, start looking for ways to address those needs in
preparation to take your supply chain to the next level and
increase your competitive advantage.