Transportation management has become a challenging mountain to climb for many shippers. Partnering with a third party firm to enhance, build, and sustain an efficient and optimized supply chain are among the most important logistics best practices. A reliable freight payment company will become a...
So it’s time to consider change. Either your current internal process isn’t making the grade, or the ‘pain-to-change’ now outweighs any benefit of staying with your current freight payment company. It’s now time to draft and distribute a freight payment RFP to select providers. This post...
Global freight management is an increasingly important aspect of a company’s supply chain. However, controlling the potentially erratic nature of international freight expense can be a daunting task. If your company isn’t careful the logistics costs associated with operating a global supply chain can far...
Most shippers understand employing a freight audit is one of the easiest ways to start saving money. Results can vary across the industry, but a normal audit ROI will range from 2 to 6%, capturing hard-dollar savings from service failure guarantees, rate errors, and erroneously...
If you’re a small package shipper in today’s world you’ve likely heard your carrier say: “Our on-time performance for your account is greater than 99%.” Followed by: “We’ll give you an extra 1 or 2% discount to earn (or retain) your business and cover that...
Freight payment can be a relatively simple concept. However, the practice is often complex and unique to the partner you select. Your company must understand the basic process to better evaluate the myriad of freight payment companies in the industry. This article is dedicated to...
If you’re like most companies, you work hard negotiating freight contracts. Transportation and supply chain specialists can spend hours analyzing spend, reviewing proposals, and assessing the shipping model. But once an agreement is in-play between shipper and carrier, who checks to validate a contract is...
Freight payment can and should be transparent, but often it’s decidedly unclear for the shipper. Regardless, outsourcing carrier payment remains one of the most effective ways to positively impact the transportation department’s bottom line. However, as with every outsourced service, there comes a degree of risk. ...