LTL205: LTL Business Analytics

LTL Business Analytics course delivers the critical insight for logistics and supply chain professionals turning in greater numbers to analytics solutions to extract meaning from big data. The course covers the basics of differentiating data, benchmarking and understanding different strategic sourcing business models. The final portion discusses the bid process.

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Course details

LTL 205 is a capstone course designed to help students transition from theory and best practices to real-world LTL. The LTL Business Analytics course delivers the critical insight for logistics and supply chain professionals turning in greater numbers to analytics solutions to extract meaning from big data. The course covers the basics of differentiating data, benchmarking and understanding different strategic sourcing business models. The final portion discusses the bid process.

Learning objectives and modules

The LTL Business Analytics course delivers the critical insight for logistics and supply chain professionals turning in greater numbers to analytics solutions to extract meaning from big data. The course covers the basics of differentiating data, benchmarking and understanding different strategic sourcing business models. The final portion discusses the bid process.

  • Module 1: LTL Analytics – Driving Decisions with Data
  • Module 2: Show Me the Data
  • Module 3: What Impacts Rates?
  • Module 4: Benchmarking and Scorecards
  • Module 5: Three Perspectives of What the Data Reflects
  • Module 6: Starting the Bid Process: A Shipper’s Perspective
  • Module 7: The Bid Process: A Carrier’s Perspective
  • Module 8: Analytics Application & Review
  • LTL205 Final Exam
Course resources

Learning with SMC³ provides you with unmatched resources and reference materials to help you navigate and apply the concepts to mitigate the complexity of LTL.

  • Video library featuring prominent industry leaders discussing key learning from the course
  • Glossary of Terms commonly used in LTL
  • The Ultimate RFP Checklist for Shippers
  • Unpacking Competitive Bidding Methods
  • Reinventing the Freight Transportation RFP Process

Additional Resources are added throughout the year.

Time

SMC³ delivers this course asynchronously, or self-paced, through our LMS. Once your Learner Account is created and the course added to your account, you will have access to complete the course in 60 days. You may request an extension to the course expiration date by sending an email to CLTL@smc3.com.

The course includes 8 hours of interactive content and additional resources to aid in your training.

Online Training: 8 hours
Access time: 60 days

Hybrid Series: 3-4 hours
Access time: Live and Recorded - 60 days

Special session including live seminars

Special Session should expand to include information on the dates and topics that will be covered during the current year Hybrid Sessions. Include information on speakers and links to prior year recordings.

NOV 7: Developing a Story with Data to Optimize LTL Decision-Making

NOV 14: Best Practices to Simplify the LTL RFP Process

NOV 21: Developing Symbiotic Carrier-Customer Relationships

DEC 5: Tools for the Data Scientist – How to Decide Which to Use

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Pricing

All Courses: $495

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