CLX Logistics is Recognized as a Leading Benchmarking Services Provider by Gartner®
Gartner® has recognized CLX Logistics for our global chemical transportation benchmarking capabilities in its Market Guide for Benchmarking Services for Transportation Rates and Logistics Performance. This publication aims to explain the goals and objectives of logistics professionals when considering and comparing rates and metrics from various benchmarking providers. The report also compares several logistics providers in multiple industries and considers their freight spend benchmarked, primary modes supported, and cost per benchmark.
CLX Logistics’ inclusion in this list showcases our effective and competitive benchmarking services and recognizes our efforts to improve benchmarking and cost-savings for our clients. We’re highlighting the specificities of this market guide and how this industry-leading consultant evaluates CLX Logistics and other companies.
Main Objectives and Differentiators
Gartner aims to provide the most accurate insights by evaluating two important benchmarking parameters defined as the following:
“Transportation rate benchmarking compares transportation rates against the market, whereas logistics performance benchmarking compares logistics performance against other companies by using logistics specific key performance indicators (KPIs) or metrics.”
Transportation rate benchmarking and logistics performance benchmarking are valuable services for a logistics provider to offer because evaluating cost alone isn’t always the most accurate rate to follow. This is because other KPIs that influence overall spend and performance, such as modes of transportation and associated costs with each, are not overlooked. The way rate data is gathered changes from provider to provider as some evaluate based on software data from a transportation management system (TMS). In contrast, others use invoices to track and analyze data and track other customer or industry-specific KPIs.
Therefore, Gartner concludes that customers need to evaluate their providers on the aforementioned in addition to expertise, deliverables, relationships with other providers, and more. By frequently gathering as much vital information and data as possible and having the ability to benchmark regularly due to the natural unpredictability of the market, shippers such as those in the chemical industry can ensure that they’re not overpaying for transportation and/or benchmarking costs.
Why CLX Logistics?
The knowledge and data offered by transportation rate and logistics performance benchmarking are vital to efficient shipping in chemical transportation. There are often extra charges associated with chemical shipping that can vary from mode to mode, such as temperature or pressure-controlled storage or mode regulations for specific chemicals. To avoid overpaying for a 3PL or 4PL that isn’t meeting your needs, Gartner has created this resource to show customers what they should expect from their logistics providers and to emphasize that different specialized companies require different types of benchmarking. Ensuring that a shipper’s logistics providers’ benchmarking services align with their needs is vital for accurate freight shipping and costs.
CLX Logistics offers our CLX Lanelogix™ service to provide industry-leading chemical freight benchmarking for our global customers. Our inclusion in Gartner’s Market Guide for Benchmarking Services for Transportation Rates and Logistics Performance highlights the effectiveness and competitiveness of our benchmarking services. We understand the importance of evaluating not just transportation rates but also logistics performance compared to other companies’ rates by using logistics-specific KPIs that compare market rates against all modes of transportation.
As a logistics provider, we recognize that evaluating cost alone isn’t the most efficient method for reducing shipping costs or improving practices as highlighted by Gartner. Our CLX Lanelogix service is designed to consider various factors and metrics that influence overall spend and performance, such as various mode of transportation and their expected and unexpected costs or requirements. In chemical transportation, where there are often extra charges related to shipping, our benchmarking services become even more vital.
Gartner’s Market Guide for Benchmarking Services for Transportation Rates and Logistics Performance provides customers with a resource to understand what they need to expect from their logistics providers. Different specialized companies require different types of benchmarking, and ensuring that a logistics provider’s benchmarking services align with their needs is vital for accurate freight shipping and cost management.
See How You Can Save
At CLX Logistics, we strive to provide industry-leading chemical freight benchmarking for our global customers. Our inclusion in Gartner’s Market Guide is a testament to our commitment to delivering effective and competitive benchmarking services. We strive to keep improving benchmarking and cost-savings for our clients, and we’re proud to be recognized as a leading industry competitor by Gartner for our benchmarking services, as well as our CLX Global TMS™ Powered by e2open.
To explore the details and components of CLX Lanelogix and see how our services can grant you back your entire ROI, visit the CLX Lanelogix homepage. For any questions or to get started, contact CLX Logistics to start improving your benchmarking today!