Back to Blog
by Jared Spude
Jared Spude

2 min read

How Five Below Drives Cost Savings and Operational Excellence with Advanced Transportation Analytics

November 13, 2024

Jared Spude
by Jared Spude

Share:

Lisa Ashman, outbound transportation manager at Five Below, shared insights at CSCMP EDGE 2024 on how the retailer has leveraged transportation analytics to improve its logistics strategy through its partnership with Breakthrough. 

This collaboration has resulted in a 13% reduction in overall costs for Five Below in 2024 and a 21% cut in fuel spend, while also strengthening carrier relationships.

Lisa highlighted how Breakthrough's Fuel Recovery and Network Intelligence solutions have enabled Five Below to make smarter, data-driven decisions, driving substantial cost savings and operational improvements.

Five Below’s Proven Strategies for Optimizing Logistics 

Five Below utilized Breakthrough’s tools to identify overpayments on carrier rates, renegotiate contracts, and streamline operations, leading to significant savings and enhanced logistics performance.

This session recording offers 3 key takeaways:

  1. Reduce costs & improve performance: Leverage backhaul opportunities and prioritize high Smart Way-rated carriers to enhance efficiency and lower transportation costs.
  2. Leverage data for smarter decisions: Use transportation analytics powered by clean, real-time transacted load data to optimize carrier selection and improve supply chain performance.
  3. Strengthen carrier relationships: Foster proactive partnerships with carriers, ensuring data integrity and creating mutually beneficial opportunities.

 

 

Ready to Optimize Your Transportation Network?

Like Five Below, you can leverage data and technology to improve efficiency and cut costs. Contact us today to learn how we can help you create smarter, more effective logistics strategies.

Learn more about Five Below’s success story!

What’s In A Crude Oil Barrel? A Breakdown Of Crude Oil Refined Products

6 min read

November 19, 2024

What’s In A Crude Oil Barrel? A Breakdown Of Crude Oil Refined Products

Read about the distribution of refined products that come out of one barrel of crude oil and how these outputs influence prices and trade.

Read more
Senators To President Trump: IMO 2020 Supports US Competitive Advantage | Advisor Pulse

8 min read

November 14, 2024

2024 U.S. Election Impacts on Transportation and Policy

The reelection of President Donald Trump, the outcome of the congressional elections, and state government changes will have numerous implications for transportation and supply chain stakeholders.

Read more
TSA’s Guideline Fuel Formula No Longer Available | Advisor Pulse

2 min read

November 13, 2024

How Five Below Drives Cost Savings and Operational Excellence with Advanced Transportation Analytics

Discover how Five Below leveraged transportation analytics to cut costs, improve logistics, and optimize supply chain performance.

Read more