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innovative
approach |
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Bruce and Kim came to realize that trucking, like many other
things was simply a commodity. A larger profit could be obtained
by controlling the commodity that was actually being trucked.
Establishing a professional sales force, and working with contractors
throughout Southern California, Dispatch began to control the
commodity, and hence the market place.
Providing added value to the job of trucking has also helped
Dispatch create a market niche, and has been instrumental in
its growth. Value has been added by providing one stop shopping
for all of the services a contractor might need to get a job
completed. That includes providing qualified foremen and other
personnel to run the trucking operations and manage the construction
site (Windrow Earth Transport). It includes providing loaders
and heavy equipment that can load trucks and maintain a construction
site (Pro Loaders). It includes providing all required trucking
to and from the load and dump sites (Dispatch Trucking). Dispatch
is committed to developing the best practices required, and
to providing the highest quality of service within whatever
niche it chooses to operate in.
Dispatch utilizes professional sales people to call on the industry.
Finding experienced people with years of contracts from within
the industry, the creation of a professional sales organization
in a relatively unsophisticated industry has provided tremendous
advantages over its competitors.
Dispatch has the ability to rapidly expand to meet increased
demand and maximize profits. It also has the ability to rapidly
contract during lean times while remaining profitable. This
is accomplished through the use of company owned trucks and
trailers, pullers, and outside owner operators. The company
owns 90 trucks and trailers that are driven by company drivers.
The company also owns an additional 130 trailers that are pulled
by independent owner operators (pullers). As demand increases,
these are put to use. Finally, hundreds of owner operators (those
owning their own truck and trailers) are available for rental
on a daily basis. These are rented as demand increases beyond
Dispatch's internal capacity. The size of Dispatch's internal
fleet has been based upon historical demand for trucking. Therefore,
Dispatch's assets are fully utilized even in a down market.
In 1998, the Dispatch management team developed a 10-year plan
to grow its market share, and to expand into complimentary industries.
The aggressive plan called for a major buy in from employees,
and therefore a stock bonus program was established for all
company employees in order to encourage the required commitment
to the company's goals. The goal was to reward each and every
employee as the company grew in sales, profitability, and value.
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