Claim executives are looking in new places to gain better control of their costs. Advanced technologies and innovative industry offerings now enable them to hone in on previously difficult-to-manage costs with almost pinpoint accuracy. The vehicle transport management process is one often-overlooked area that may be worth review when considering costs and options.
Managing Transport and Towing Costs
One reason for the difficulty in managing such costs is the sheer scale of the vendor network required. Unlike companies in other industries, which might have ten to 15 primary providers (think Apple), even the smallest claim organization has to wrestle with a taxonomy of providers on an enormous scale. With hundreds of vendors in each category, it becomes overwhelming to create a network, credential the providers, manage the day-to-day logistics, and realize the attendant benefits. Some new approaches to network management in vehicle transport may solve this issue.
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