What is an Intermodal Transportation Strategy?
Intermodal transportation strategy is a method of shipping that combines different modes of transportation to create an efficient and cost-effective shipping solution. It involves the use of multiple types of transportation, such as truck, rail, plane, and ship, to move goods from one place to another. By utilizing the different modes of transportation, companies can reduce overall shipping costs while ensuring that goods reach their destination on time. Intermodal transportation can also help reduce environmental impact, as it reduces the number of vehicles on the road and the amount of fuel used.
What's included in this Intermodal Transportation Strategy template?
- 3 focus areas
- 6 objectives
- 6 projects
- 6 KPIs
Each focus area has its own objectives, projects, and KPIs to ensure that the strategy is comprehensive and effective.
Who is the Intermodal Transportation Strategy template for?
This Intermodal Transportation Strategy template is designed to help transportation teams develop and implement strategic plans for intermodal transportation. It provides a structure to help teams identify key focus areas, set measurable objectives, and create actionable projects in order to achieve their goals.
1. Define clear examples of your focus areas
Focus areas are the main categories of your strategy. They provide the framework for your strategy and help you to identify the objectives for each focus area. Examples of focus areas include cost efficiency, infrastructure, customer experience, and sustainability. It is important to ensure that every focus area is clearly defined and that all objectives are measurable.
2. Think about the objectives that could fall under that focus area
Objectives are the goals you set for each focus area. They should be measurable, achievable, and relevant. Examples of objectives for a cost-efficiency focus area include reducing logistics costs, increasing efficiency of shipping processes, and reducing shipping wait times.
3. Set measurable targets (KPIs) to tackle the objective
Key Performance Indicators (KPIs) are the measurable targets set to achieve the objectives. Examples of KPIs could include reducing the average logistics cost per shipment, decreasing the average shipping wait time, or increasing the number of customers utilizing intermodal services. KPIs should be specific, measurable, and achievable.
4. Implement related projects to achieve the KPIs
Projects are the actionable steps taken to achieve the KPIs. Examples of projects include increasing the use of intermodal shipping, streamlining intermodal shipping process, improving intermodal connectivity, and standardizing intermodal protocols.
5. Utilize Cascade Strategy Execution Platform to see faster results from your strategy
Cascade’s Strategy Execution Platform helps teams track and manage their strategies. It provides real-time updates on progress towards objectives and KPIs, and allows teams to quickly identify and address potential problems. The platform also provides visibility into the performance of individual team members and offers tools to help teams optimize their strategies.