Online Supply Chain and Freight Broker Training
This all-inclusive online course will provide a complete view of supply chain management and freight broker training. In addition, you will be prepared for the Certified Supply Chain Professional exam and learn the skills needed to be a successful freight broker or agent 100% online and at your own pace!
Job Outlook For Supply Chain Management and Freight Brokers
• The US Bureau of Labor Statistics (BLS) lists freight broker as “Bright Outlook” career area, with over 30% job growth expected in the next five years. The BLS data states freight brokers make an average of $45,000 annually, with top brokers making over $66,600 per year.
• According to the US Bureau of Transportation (USDOT), over 11 billion tons of freight move by truck each year. This number will grow, so skilled brokers are needed to keep the industry moving.
• The BLS found that supply chain management professionals have a median annual salary of $74,590.
• The top 20% of earners in the supply chain management field take home over $90,000, according to Burning Glass.
Supply Chain and Freight Broker/Agent FAQs
What Does Project Management Involve?
While the scope of a “project” depends on the industry, projects are generally understood to be a series of activities that result in a specific outcome, product or achievement. Project managers are tasked with overseeing the people, processes, timeline and resources needed to complete a project.
What is Supply Chain Management?
Supply chain management refers to the activities needed to manage the flow of a product, from purchasing raw materials to distributing to the end consumer, in the most economical way possible.
What do Supply Chain Managers do?
Supply chain managers ensure that a product moves from production to the consumer in a streamlined fashion. They oversee every stage of the production flow and monitor activities to ensure product delivery is on time and at budget.
What role do Freight Brokers have in Supply Chain Management?
Every product goes through a process that starts with the acquisition of raw materials and ends with consumption. Freight brokers work in the later stages of the supply chain, helping transport a finished product from its point of origin to the end user.
What do Freight Brokers do?
Freight brokers find carriers for shippers to haul their freight. They also assume financial responsibility in the shipping process by invoicing shippers, paying carriers and agents, extending credit and more.
Course Objectives
• Understand purchasing and supplier management, ethical and sustainable sourcing, and customer relationship management and globalization
• The basics of freight brokering, including documents and software commonly used
• Transportation law, insurance, and agreements and contracts fundamentals
• How to set up and run your business, including recordkeeping, determining quotes, and negotiation and marketing techniques
Prerequisites and Requirements
There are no prerequisites to take this course. However, this course focuses solely on U.S. domestic freight brokering, so it’s only recommended if you plan to do business in the United States.
Curriculum
I. Certified Supply Chain Professional
a. Introduction to Supply Chain Management
b. Purchasing Management
c. Creating and Managing Supplier Relationships
d. Ethical and Sustainable Sourcing
e. Demand Forecasting
f. Purchasing Management
g. Inventory Management
h. Process Management – Lean and Six Sigma
i. Domestic U.S. and Global Logistics
j. Customer Relationship Management
k. Global Location Decisions
l. Service Response Logistics
m. Supply Chain Process Integration
n. Performance Measurements
o. Your Career Roadmap (optional)
Curriculum
II. Freight Broker/Agent Training
a. The Basics of Freight Brokering
b. Setting Up Your Business and Office
c. Setting Goals and Developing Your Corporate Identity
d. Setting Up Your Shipper Packet and Your Carrier Packet
e. Operations and Using Operations Software
f. Types of Freight and Exploring Niche Markets
g. Transportation Law
h. Broker-Carrier Contracts
i. Broker-Shipper Agreements
j. Insurance for Carriers and Brokers
k. Recordkeeping, Accounting, and Financial Management
l. Determining Your Rate Quotes
m. Carrier Relations and Solutions for Success
n. Sales and Profitability
o. Advanced Marketing
p. Develop Your Negotiation Skills
Instructor
Wayne Durr
Wayne Durr is a global supply chain manager with over 30 years of supply chain experience with the US Army, the US Government, Fortune 500 companies, and startups. In his tenure as a supply chain professional, he has held the titles strategic buyer, senior demand forecaster, and ISO 9001 auditor, amongst others. Wayne has a Doctorate in Business Administration (DBA) (ABD), an MBA in supply chain and operations, and Six Sigma Master Black Belt.
Jan Roach
Jan Roach has been a partner in a freight brokerage operation since 1995. For over 10 years, she ran a freight brokerage, overseeing sales, marketing, accounting and day-to-day operations. Roach holds a Bachelor of Science from Baylor University and has provided training for the freight industry since 2001.
Jeff Roach
Jeff Roach has been in the transportation industry since 1986. He founded his own freight brokerage in 1995, after working as the vice president of national accounts for a major truckload carrier. He grew his brokerage into a multimillion-dollar business and began developing freight broker courses in 2001. Roach holds a Bachelor of Science from Abilene Christian University.
Registration and Enrollment
This course is 100% online. Start anytime.