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

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 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 three key takeaways for shippers:

1. Reduce costs & improve performance: Leverage backhaul opportunities and prioritize high SmartWay-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.