Recommendations of Convent Transport Group
By analyzing the whole case of the Convent Transport Group, it
is recommended for the business of the Convent Transport Group that they have
to take pay more of the attention to the external and internal environment of
the company, to minimize the risk and survive in the difficult situations.
There are many of the sectors are there in which the Convent Transport
Group is need to have some of the improvement so that the overall
business of the company grow and operation efficiently. Being the truckload
transportation services company it is very important for the company to keep in
mind all of the factors that are likely to affect the overall productivity and
manage the whole operations of the company effectively.
Risk management of Convent Transport Group
The first things
that the Convent Transport Group needs to doo are the management of the risk.
As we know that the Convent Transport Group is likely to
work is highly sensitive environment where the whole business of the company is
getting affected by the competitors in the market and also the prices of the
oil and the fuel that is always exceeding.
so, it is also very important for the company to product about all of
the uncertainty that is likely to occur in the future. The Convent Transport
Group is needed to do the risk management on timely bases about the market
changes and the overall expenses of the company.
Management team of Convent Transport Group
The team management is also the main thing that the Convent
Transport Group needs to focus on. The overall experience of the customers from
the business of the company can be increase. It is very important for the Convent
Transport Group Company to manage the overall team of the company in such a way
that the team helps the company to make the services more efficient and deliver
the product to the customers on time with the maximum quality. Being the
Convent Transport Group of the company
that provide the customers with the truck transport services the Customer
experience is said to b the key for the
company for the successful business. So
the company must try to make the overall experience of the customers with all
of the services of the company more efficient (ttnews.com, 2017)
Use of Technology of Convent Transport Group
There is also a need for the Convent Transport Group that
to focus more of the latest date technology so that they are more likely to
able to increase the overall quality of the services that the Convent Transport
Group are providing to all of their customers.
As we know that in the present era all of the business are likely relay
on the technology very much and for the Convent Transport Group company it is
also very important to adopt the more effective technology so that the
/productivity of the company and the quality of the services that the company
is likely to provide to the customers can be improved (Huff, 2016)
Operational improvements of Convent Transport Group
There is also need for the improvement in the
operations of the Convent Transport Group. the Convent Transport Group need to
keep a check on all of the operations of
the company because the less effective the operations of the company would be
there are also said to be less chances
for the Convent Transport Group to deliver the good quality to their customers.
For the better operations the company needs to negotiate on the fuel prices. So
that the overall budget of the company business can be keep in control.
Recruitment of drivers of Convent Transport Group
As we know that the big problem for the company is the
driver shortages. The company is not likely o have the enough numbers of the drivers
that can provide them the services of the truck load transportation. This thing
also result in a lot of issues for the company and cause the late delivery of
the product to the customers, it is also not good for the reputation of the
Convent Transport Group Company. So it is recommended to the company to hire
new staff and the driver to main the quality of the services (Malik, 2018)
Government regulations of Convent Transport Group
As it is obvious that there is a tight competition and
the Convent Transport Group company must also keep in mind all of the
government regulation while doing their business., the business of the Convent
Transport Group is very mush affected by the government regulations of the
country in which the company is working. (Kilcarr, 2015)It
is obvious that the Government regulations have dramatically affected the
business of the Convent Transport Group in the previous years and in the years
ahead there are also a lot of chances for the company to get affected by the
government regulation of the country. So it is also recommended for the company
to keep an eye of all of the government regulation and make the future plan of
the Convent Transport Group compatible with the government regulation
Training drivers of Convent Transport Group
The company after the recruitment of the new drivers
needs to train the drivers in the effected way that the drivers that are hired
be able to know better about the business of the company. as the company is
providing more of the employment opportunities to the drivers so it is also
important for the company to make the standards of all of the operations that
they are doing in the company and must train their drivers in the way that the
quality of the service of the company would not suffer and all of the
operations of the company be able to go smoothly. As it is obvious that in the
country of the US the economy is expanding and qualified drivers numbers
shrinking, so it can be a main challenge for the Convent Transport Group to get
more of the drivers for the company and train them effectively to understand all
of the regulations and the standards of the quality of the Convent Transport Group
company (BJ, 2004)
Provide benefits to drivers in Convent Transport Group
It is analysis
form the whole study of the case of Convent Transport Group that the larger
compensation packages must be provided to all of the drivers so that the work efficiency
and productivity of the drivers can be improved. There is need for the increasing
driver wages so that the Convent Transport Group Company can get more
experienced and qualified drivers could be hired in the company. There is also
a need to keep check on all of the drivers that are working in the company in
order to know about the idle times of the drivers and increase the overall
efficiency after being checked (Kingston, 2018)
More efficient tractors of Convent Transport Group
The Convent Transport Group must know about the number
of unseated tractors which in turn would increase operating expenses. The speed
of the tractors is also needed to optimized because of the speed of the
tractors is fine than the customers would be satisfied with the time of the
delivery of any product and there would not be any late delivery. The fuel of
the tractors is also needed to optimize so that there are always the minimum
chances of the risk of the shortage (Globe Newswire, 2018)
of the fuel in any tractor.
Better communication of Convent Transport Group
The poor communications are significant factors in
recruiting and retaining drivers in the Convent Transport Group Company. So
there is a need for the regularly communicates with its drivers via satellite
messages. With the better communication between the management of the company
and the workers the services of the Convent Transport Group is said to be very efficient.
it is also particularly important for customers with time-sensitive freight,
high value goods, or perishable goods.
Market share increase of Convent Transport Group
The Convent Transport Group is also need it increase its
overall market share. There is also need to focus on the high value, high
security and high delivery of the services and it would also help the Convent
Transport Group to increase its overall sales. The balance sheet of the Convent
Transport Group is also need to revise on regular bases so that the budget can
be management. So, overall strategic implications are to increase the usage of
two-person driver teams of the Convent Transport Group Company (Straight, 2018)
summing up the discuss we can say that There are many
of the sectors are there in which the Convent Transport Group is need to have some of the improvement so that the overall
business of the company grow and operation efficiently. So it is also very
important for the company to product about all of the uncertainty that is
likely to occur in the future. Being the Convent Transport Group of the company that provide the customers
with the truck transport services the Customer experience is said to b the
key for the company for the successful business.
Convent Transport Group company it is also very important to adopt the more
effective technology so that the /productivity of the company and the quality
of the services that the company. It can be a main challenge for the Convent
Transport Group to get more of the drivers for the company and train them
effectively to understand all of the regulations and the standards of the
quality of the Convent Transport Group Company.
References of Convent Transport Group
BJ, C. (2004). Identifying training needs of logging
truck drivers using a skill inventory. Journal of agricultural safety and
health, 10(4).
Globe Newswire. (2018). Covenant Transportation
Group Enhances Portfolio With Acquisition of Landair; Updates Expectations
Concerning Second Quarter Financial Results. Retrieved July 27, 2018, from
https://www.cnbc.com/2018/07/05/globe-newswire-covenant-transportation-group-enhances-portfolio-with-acquisition-of-landair-updates-expectations-concerning-second-quarter.html
Huff, A. (2016). CCJ Innovator: Covenant Transport
advancing driver teams with tech, e-commerce strategies. Retrieved July 27,
2018, from https://www.ccjdigital.com/ccj-innovator-covenant-transport-advancing-driver-teams-with-tech-e-commerce-strategies/
Kilcarr, S. (2015). Trucking CEOs see big
challenges ahead. Retrieved July 27, 2018, from
https://www.fleetowner.com/fleet-management/trucking-ceos-see-big-challenges-ahead
Kingston, J. (2018). Retention: the benefits, the
costs, and why drivers are switching jobs. Retrieved July 27, 2018, from
https://www.freightwaves.com/news/driver-issues/how-to-retain-truck-drivers
Malik, Z. (2018). Driver Recruitment and Retention:
The Key to Carrier Profitability in 2018. Retrieved July 27, 2018, from
https://www.ksmta.com/trucking-profitability-insights
Straight, B. (2018). Covenant posts revenue
increase, expects rates to climb in second quarter. Retrieved July 27,
2018, from https://www.freightwaves.com/news/market-insight/covenant-posts-revenue-gains
ttnews.com. (2017). Covenant Transportation Group
Adopts New Name to Market Services. Retrieved July 27, 2018, from
http://www.ttnews.com/articles/covenant-transportation-group-adopts-new-name-market-services