What is a Multi-Modal Transportation Strategy?
A multi-modal transportation strategy is a comprehensive plan for optimizing delivery networks by utilizing multiple transportation modes. It combines the benefits of different transportation modes to increase efficiency, reduce costs, and improve customer satisfaction all at once. This strategy can help transportation and logistics teams to optimize their delivery networks and achieve their desired goals.
What's included in this Multi-Modal 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 Multi-Modal Transportation Strategy template for?
The Multi-Modal Transportation Strategy template is designed for transportation and logistics teams who are looking to create an effective and efficient plan for utilizing multiple transportation modes. It provides a comprehensive framework to outline strategies for optimizing delivery networks and achieving desired goals.
1. Define clear examples of your focus areas
Focus areas are the overall goals and objectives that need to be achieved for the transportation and logistics team. They should be specific and measurable, and should serve as the guiding principles for the entire strategy. Examples of strategic focus areas that could fall under a Multi-Modal Transportation Strategy could be: Optimize Delivery Networks, Increase Efficiency, and Reduce Risk.
2. Think about the objectives that could fall under that focus area
Objectives are the specific goals and targets that need to be achieved in order to meet the overall focus area. Objectives should be measurable and achievable, and should help to move the team closer to the desired outcome of the focus area. Examples of some objectives for the focus area of Optimize Delivery Networks could be: Reduce Transportation Costs, and Improve Delivery Speed.
3. Set measurable targets (KPIs) to tackle the objective
KPIs (Key Performance Indicators) are measurable targets that are used to monitor and track the progress of an objective. They should be specific, measurable, achievable, relevant, and time-bound. Examples of KPIs could be decreasing shipping costs per delivery, decreasing shipping wait time, decreasing manual order entry time, or increasing driver training hours.
4. Implement related projects to achieve the KPIs
Projects, also known as actions, are the steps that need to be taken in order to achieve the desired KPIs. Projects should be specific, measurable, achievable, relevant, and time-bound. Examples of projects could be consolidating shipping modes, utilizing multi-modal shipping, automating logistics processes, automating returns processes, or increasing driver training.
5. Utilize Cascade Strategy Execution Platform to see faster results from your strategy
Cascade Strategy Execution Platform is a powerful tool to help teams to create, track, and optimize strategies. It provides an intuitive interface to define objectives, set measurable targets, implement related projects, and visualize progress in real-time. With Cascade, teams can achieve their desired goals faster and more efficiently.