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Conclusion

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  Saia LTL Freight has shown great resilience as a company with limited offerings, choosing to only offer direct freight services within the continuous Untied States. This company has enjoyed steady growth in revenue, profits, and net income over the last five years. However, Saia has never been able to push any great company expansions or increased service offerings. This is due in large part to their unstable cash flow and working capital. With the current state of the US and global supply chain due to the Covid-19 pandemic, trucking freight companies are being offered an opportunity for expansion and growth of their market share. If Saia can stabilize their cash flow to allow for a bold expansion they have the potential to be a top tier trucking company.   

Process Analysis

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  To begin looking at the potential of expanding Saia Freight as a company, a financial forecast long with a cash flow analysis will need to be completed. With the current cash flow and working capital showing great fluctuation the next steps in the business process will be to optimize accounts payable and receivable. Next, improving overall operational efficiency will lead to stabilizing the company cash flow and allowing for investment in company expansion.     

Six Sigma

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  Six sigma practices along with cash flow analytics can aid in increasing revenue and gaining insight in organizational processes (2017 Six Sigma). Using these practices to correct cash flow will optimize operational efficiency, ease day to day running of the company, and allow for expansion.