Driving Towards More Effective Decision Making
Trucking companies can be very profitable, but it’s important to have a good understanding of how to operate and grow your business. Oftentimes, owners who are good at driving a truck or selecting a route need help with creating and implementing a business plan.
KSM Transport Advisors’ Carrier Business Modeling (CBM) assesses a carrier’s business model and capabilities to help determine if current operations and business strategies are realistic and will lead to profitable and sustainable performance. The CBM does not resolve every issue but is the first step in a comprehensive process to help carriers achieve their greatest profitability.
Creating a Roadmap to Success
Communication is key throughout the modeling process and KSMTA performs both onsite and offsite analysis. Our onsite analysis focuses on financial, structural, cultural, and systematic issues as well as operational and driver-related matters. The offsite review includes financial analysis, benchmarking, and review of the onsite findings and information provided.
We use this data to create a customized document that identifies the specific issues and challenges facing a carrier in its business model and overall operations and then develop a roadmap to address the carriers’ unique needs. Our observations and recommendations are actionable and specify task owner, timetable, and method or metric of measurement.
Carrier business modeling is a holistic process and often includes a combination of several KSMTA assessments, such as:
- Freight Network Engineering
- Driver Recruiting & Retention Assessment
- Maintenance Assessment
- Safety, Compliance, & Risk Assessment
- Technology Assessment
The Path Forward
Daily business obligations and the competitive nature of the trucking business can sometimes cause unintended shifts in business operations. Let us help you get back on track with a customized plan for success.
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