To reduce its Less-Than-Truckload (LTL) shipping costs, Ashland Chemical Co, a global diversified chemical company with HQ in the US, merged its purchasing and logistics (P&L) functions into one group. The P & L group governs $1 billion in materials spending and a transportation budget of $120 million. A s result of the Triad Logistics initiative the firm achieved a reduction in LTL carrier base from 100 to 7, an increase in on-time delivery from 89% to 99%, and a lowering in overall transportat...

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