Spotting Unprofitable Loads Early: A Dispatcher's Step-by-step Guide for Ensuring Load Profitability
As a dispatcher managing a handful to dozens of trucks, maintaining load profitability—specifically, the maximization of dollars per mile—is an ongoing challenge. Recognizing unprofitable loads early and standardizing profit checks can make the difference in your trucking margins. Your dispatch board plays a key role in this process.
Firstly, start by setting up your delivery management with strong emphasis on stops. A stop that is out of route can significantly impact the dollars per mile metric. With vivafleet.com's routing features, you can optimize these stops along the way to ensure your load remains profitable.
Secondly, establish a consistent reporting & analytics routine. Regular checks will give you insights into your performance and help you spot areas, where you can improve load profitability. This includes understanding IFTA miles by state and how it affects your overall profitability.
Your Checklist for Spotting Unprofitable Loads Early
- Use delivery management software to optimize stops and route mapping
- Run regular reports and analytics to identify trends in unprofitable loads
- Track IFTA miles by state to understand how it affects your profitability
Finally, harness the power of technology with VivaFleet.com's role-based access feature. By delegating certain tasks within the profit-check process according to roles, it ensures no crucial step is missed out.
Frequently Asked Questions on Identifying Unprofitable Loads Early
Q: How does tracking IFTA miles by state help in identifying unprofitable loads? A: Tracking IFTA miles by state helps you understand which routes are more profitable compared to others. It gives you a clear picture of your dollars per mile metric per route and state.
Q: Why is role-based access important in spotting unprofitable loads early? A: Role-based access allows different team members to focus on specific areas they are best at. This can ensure all aspects from route mapping to reporting & analytics are adequately covered, leading to more accurate identification of unprofitable loads.