Load carriers, also known as transport items or RTI’s, are characterized by the (re-)use of the transport items throughout the entire supply chain. Each sector and the companies within these sectors have different levels of risk. Research has shown that the direct costs on the load carrier pool lies between 10-30%, of the total value of the pool, per year. This can have several causes. Everything depends on good load carrier management. There are several factors that are involved with the risks that the company runs, this blog reviews the risks in RTI management.
If you want to reduce the risks of losing on load carriers, you need to it start with load carrier management. Reducing the loss of load carriers, starts with the insights in your physical and administrative load carrier stock. This often starts with the checking all incoming and outgoing load carriers. Beside this check there is registration, sorting of all load carriers, storage, the internal workflow and load carrier management.
How is the warehouse or distribution centre set up to perform all these facets as well and efficiently as possible. The load carriers must move through the company in a logical way. The internal processes and work agreements are the basis to successfully deal with your load carrier management. Which parties are involved in the process and are there associated work agreements? In short, there are many different facets in load carrier management that you have to take into account.
Approach to improve load carrier management
It is wise to always start with an analysis of your organization with the corresponding work agreements. You can also ask an external party to make this analysis. The advantages of this can be that an independent party, with new insights, looks into the organization and often gathers better information than yourself.
TellApe has many years of experience in the load carrier world. The biggest risks that we have identified lie in both the internal and external environment. We have a few tips top optimize your load carrier management:
The 5 biggest risks in RTI management
- Is there an employee or board member responsible for the load carrier management?
- Are there agreements regarding to the load carrier process?
- Is the staff aware of the value of the load carriers?
- Do all load carrier vouchers have follow-up numbers?
- Are financial consequences been agreed with the customer?
These 5 risks are just a small selection of all the risks that you can run as a company regarding to load carrier management. Are you curious about which other factors need to be taken into an account or can you still use advice on the above risks? TellApe is happy to discuss this while drinking a good cup of coffee.
Would you like to get some personal advice?
Would you like to get the latest updates every quarter?