Limited Logistics Services Inc. (LLS), the supply chain division of clothing retailer The Limited Inc., reported that it has saved some $1.24 million by adopting Logistics.com’s OptiBid Network system.
LLS secured contracts for its complex ground transportation requirements, which includes working with over 90 trucking companies across 500 lanes, through the system. By using OptiBid, LLS said it was able to better rationalize and utilize its ground transportation network to reduce its overall ground transportation costs. Contract evaluations were based on LLS's high ranking of customer service variables such as a transport provider's on-time service percentage and overall ratings.
“The fashion-retail industry is trend-driven with highly perishable inventory, and this presents significant logistical challenges,” said Nick LaHowchic, president and CEO of LLS. “Logistics.com's OptiBid system enables us to develop more effective and collaborative relationships with transport providers that are able to meet our high service demands, impacting our ability to meet our merchandising requirements.”