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The success of the 10X ROI Logistics Solution lies in the ability to develop superior processes, and train internal employees to execute them, in the right way and at the right time. Long term, sustainable results are obtained because employees are engaged and motivated to continuously implement the program moving forward. Employee behaviors are changed without changing the entire corporate culture.
There are three targeted tactics that create the 10X ROI every time:
Results: Private Fleet Recycle Hauler – built and implemented a plan to improve profits by $8.2M annually.
Woosley and Swanson said “People would rather live with a problem they can’t solve, than accept a solution they don’t understand.” <Waqas: make this stand out – in italics and or a different color font – and larger font.>
It starts with understanding. The first key to successfully realizing the benefits of the 10X ROI solution is training the workforce to see how change is a benefit to them.
Primary focus area:
Results: Private Fleet Recycle Hauler – reduced operating expenses by $474,860/month, decreased maintenance expenses by $79,000/month, reduced driver turnover to below 10%, and made further asset utilization savings of an additional $476,800. It was the only department in the company that improved their earnings for three straight years and came in under budget.
The program focuses on sustainability by improving profitability, improving operational efficiency, reducing expenses, and developing employees, so that long term sustainable results can be accomplished. Your employees will learn to identify and remove waste that doesn’t add value.
The 10X ROI program has produced significant improvements after other programs failed.
Primary focus areas:
Results: Truckload Chemical Carrier – negotiated $8M tractor lease savings of $1.1M, reduced cost/mile by $.12/mile, merged facilities and headcount saving $515,000 annually, designed safety programs, and improved transit time to 99%.
If your organization wants to turn logistics from a cost burden into added profits, your team needs the knowledge, understanding and wisdom to evaluate data that drives your KPIs. It is this wisdom developed through learn-by-doing training that will drive improvements and make your stakeholders celebrate.
Primary Focus Areas:
Results: Private Fleet Fuel Hauler – improved EBITDA by 48%, increased asset utilization by 28%, reduced driver turnover to below 10%, and defeated a Union vote by a 86% margin.