Managing Inbound Freight Transportation – Part 1 – Identify the Cost Savings Opportunities

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Managing Inbound Freight Transportation – Part 1 – Identify the Cost Savings Opportunities

8 years ago
Managing Inbound Freight is often overlooked or not optimally managed as an opportunity for cost savings in many companies. This is a conclusion we have come to after working with a range of companies and industries over the past 13 years. When we are invited to meet with a manufacturer or distributor of freight, the […]
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Freight Management is a Team Sport

8 years ago
Freight costs represent between two and five percent of revenue in many manufacturers and distributors. They are typically the single largest supply chain expense. When transportation costs begin to escalate, the Transportation department and the Transportation leader can become the “whipping boys” for senior management. Over the years, we have observed that the companies that […]
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Creating an Effective Shipper-Motor Carrier Freight Agreement – Part 2

9 years ago
    The first part of this blog focused on the operational, service and equipment issues that constitute a strong shipper-carrier freight agreement. This blog will address the financial and business issues that need to carefully captured in detail. 6. Rates and Service Charges The rates, fuel surcharges and other accessorial charges need to inserted […]
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Some KPIs to Monitor the Transportation Industry

9 years ago
There are a host of economic indicators that provide economists, academics and transportation professionals with insights into how the general economy is performing. Data on gross domestic product, imports, exports, housing starts, stock market trends, consumer confidence and unemployment levels are barometers of the level of economic activity in a particular country. These indicators, while […]
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It is all in the Numbers – Part 1 – Manage your Freight Spend Data to Improve Your Bottom Line

9 years ago
A company’s freight costs often represents between two and ten percent of total revenues. For many companies in the manufacturing, distribution and retail sectors, their freight spend has a direct impact on their bottom lines. Nine years ago I wrote a blog with the title above. In that blog, I identified one of the consistent […]
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