Challenge

Transportation Spend Assessment - For a $150M chemical manufacturer was concerned about rising transportation costs.

Approach & Actions

Our consultants reviewed freight operations and financials to assess costs, freight data quality, carrier rates, and management. Analysis revealed opportunities to lower freight costs through LTL rate negotiation, low-cost carrier assignment and inbound shipment consolidation. Substantial missing and incorrect data raised questions about freight bill audit integrity.

Results

Action plans were created to build a complete and accurate freight data set, prepare for LTL RFP and implement routing guides. The client implemented with 15% estimated cost savings.

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