Freight can represent 10% of your overall costs and therefore focussing on reducing these costs can have a positive impact on your business. If you understand these costs well, including landed costs for each SKU, you can move toward turning your logistics department into a profit centre, and reinvesting the savings into your business via a continuous improvement method.
At Freight Controller, we capture all your freight data to gain full visibility on your freight costs. With this, we provide you with the interactive, real time dashboards to adjust your daily tactics as well as guidance from our logistics experts.
Our data-driven approach means that we can analyse your freight to profile, benchmark against industry standards, and then design a carrier distribution network via predictive modelling that provides highly competitive rates. Along with the system smarts from our freight technology and our logistics advice, we typically save 5 – 30% of freight costs.
This article explores ways to improve the accuracy of shipping costs estimates via automation and system smarts in order assist with best practice freight cost recovery.
One of our great system smarts is our ‘Check Deviation at Ship From Estimated Order Shipping Costs’ which allows you to understand estimated freight fee variances and authorise before shipping. Read more about this Freight Cost Recovery feature in this article.
Read our Case Study article on how our Business Intelligence reporting helps track freight cost improvements for our client Parker Hannifin.
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