15 minute read
HOW IMPORTANT IS YOUR COMPANY’S PARCEL SPEND MANAGEMENT? THESE 13 COMPANIES CAN HELP
Another year has gone by, and as you head into 2020, the question that still remains is if you have done everything you can to manage and possibly lower your shipping costs. It seems there are more surcharges and fees than ever, and with the continued growth of e-commerce, you might fi nd consumer demands growing exponentially — along with your shipping spend. And while your customer base is a wonderful place to see growth, increases in your shipping costs are not. Need help? Here are 13 companies that can assist you in taking the bull by the horns and making 2020 your best year yet.
AFMS is the leading transportation price benchmarking fi rm in North America and Europe with business intelligence analytics focused on reducing transportation costs through carrier contract negotiations and automated freight audit and recovery. AFMS specializes in benchmarking your freight rates to tell you exactly what market discounts and concessions you deserve with your current carrier.
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The pedigree of the AFMS senior management team is unparalleled in our consulting space, over 500 years of combined sales and senior pricing experience from carriers like UPS, FedEx, and DHL. It’s an important foundation upon which our 28 years of business has been built. Our inside pricing knowledge is why the largest shippers in the US and Europe use AFMS to benchmark their rates and save big.
GE, Sony, Disney, Under Armour, StockX, Dell, Honda, Toyota, Bose, Trek Bikes, Johnson & Johnson, and many more large shippers have all negotiated best-in-class rates with AFMS help. Our fact-based negotiation strategies, advice, and management solutions are why AFMS clients have the best shipping rates. Our senior managers are actively involved in every aspect of our client’s negotiation strategies and discussions, successfully averaging 15-20% better rates than those companies that don’t use AFMS. AFMS electronic invoice auditing and reporting tools are the most sophisticated in the industry, with over 750 reporting and management tools that provide valuable insight into a company’s logistic and day to day operational needs. Call AFMS for a FREE contract/pricing evaluation and 30-day test audit.
www.afms.com info@afms.com 800.246.3521
Have you thought about utilizing a parcel spend management fi rm? If not, it’s potentially a signifi cant opportunity for savings — as much as 20%+.
Alexandretta brings expertise for shippers to optimize both their domestic & offshore parcel agreements, as well as their LTL and airfreight agreements. Our multimodal, global expertise brings a more one-stop approach to spend management, for domestic and global shippers alike. It also sets our clients up with a relationship that supports growth, since we already have the expertise needed to move our clients forward.
Our values put our clients fi rst, from small internet retailers, to the Fortune 50, in order to make sure we do the right thing, always. We are committed to integrity and building relationships of trust; for the longterm success for our clients.
We are WBE-certifi ed and are focused on inclusivity, as well as giving back, and we’ve recently begun donating 1% of our profi ts to causes supporting sustainability. We believe that doing good business and doing good in the world go hand-in-hand.
Drawing from our core values and over 200 years of combined experience, Alexandretta advises shippers on how to get the most out of their Parcel, LTL, and Air Freight negotiations from a pricing, service, strategy, agreement, and account structure perspective. And while these elements can be extremely complex, transportation agreements, if well-managed, are a tremendous opportunity for signifi cant savings, competitive leverage & profi t.
Let Alexandretta be your guide for spend management success.
www.alexandrettaconsulting.com info@alexandrettaconsulting.com 714.777.3377
CT Logistics is celebrating 97 years of supply chain management services in 2020. Since 1923, companies have leveraged CT for freight audit, payment, TMS solutions worldwide.
CT customizes all solutions for our clients to support all modes, including parcel. CT’s services will reduce your costs and save your company money. CT audits every shipment to recover money from your total parcel, package, and freight expenditures. All rates and cost items are calculated, including bundled pricing, hundred weight, and dimensional pricing. All shipments are reviewed for address, account number, COD, dangerous or restricted goods, declared value, and oversize. All shipments. including third-party, are reviewed for inside, residential, dimensional, Saturday pickup or delivery, as well as GSRs (Guaranteed Service Recoveries). CT’s services also include supply chain management, TMS solutions, LTL and Full Truckload shipment execution, bid management, shipment planning and execution software, as well as professional services for consulting and advising.
CT’s business intelligent platform provides global supply chain visibility for benchmarking and trending, with graphical dashboards for management information. CT is SOCII and ISO 9001:2015 certified.
www.ctlogistics.com sales@ctlogistics.com 216.267.2000, ext. 2190
enVista is a leader in the parcel audit and spend optimization market. Its core solution for audit and payment, MyShipINFO ® , is supplemented with industry leading business intelligence capabilities to provide granular visibility to all shipments in a client’s parcel network. Over the past 18 years, enVista’s consulting practice has implemented solutions to help shippers realize significant transportation savings through cost modeling, service-level analytics, and contract management.
The enVista audit process focuses on four primary cost drivers. Each shipment is tracked to ensure packages are delivered on-time and damage free. All charges are compared to the carrier service guide and client rate sheet. Any billing adjustment or accessorial charge is audited to ensure that it should have been applied and that the cost associated with the charge is in line with the customer agreement. Our audit team works directly with each client to build compliance rules to validate activities on the account, like routing rules and fraudulent shipments.
In addition to world class audit services, the enVista team proactively supports clients by monitoring key metrics in order to identify opportunities that exist for service optimization, packaging alignment, and other important cost drivers. Our analysts work as an extension of our client’s team to ensure their parcel spend is optimized and that they have the visibility to drill into any level of detail captured in the audit. Robust business intelligence (BI) capabilities coupled with enVista’s consulting expertise ensure our clients have the resources needed to achieve their transportation visibility and savings initiatives.
www.envistacorp.com info@envistacorp.com 317.208.9100 Green Mountain Technology (GMT) provides the world’s largest parcel shippers with a Parcel Spend Management solution (PSM) engineered for competitive edge. This PSM solution combines a bestin-class parcel audit system with intelligent parcel spend analysis software to identify network opportunities and assist with contract management. It enables unparalleled success through our proven process focused on three key strategic areas: Process Automation, Network Intelligence, and Network Optimization. GMT’s highly engaged, strategic delivery model, unique network modeling and re-rating technology, and Fortune 500 customer base, uniquely positions GMT to deliver unparalleled value. GMT’s customers represent more than $7 billion in parcel spend and consistently experience a 5-10X return, net of our fees.
www.GreenMountainTechnology.com Contact@greenmountain technology.com 901.507.9307
Intelligent Audit (IA) is the technology leader in parcel and freight audit, business intelligence, and spend optimization. IA’s proprietary technology, paired with its team of strategic account managers, provides an unrivaled ability to uncover opportunities for cost reduction and process improvement.
IA’s cloud-based solution addresses logistics pain points using data-driven analytics and reporting to analyze, benchmark, optimize, and help shippers gain critical insights into their global transportation networks. With best-in-class audit and reporting technology, clients are able to leverage their data to reduce costs, enhance real-time visibility, and improve end-customer experience. With more than 2,500 clients representing over $12 billion in annual transportation spend, Intelligent Audit prides itself on providing clients with the tools and insights to help them ship smarter.
www.intelligentaudit.com info@intelligentaudit.com 201.880.1110
ParcelLogix is the leader in flat fee small parcel price benchmarking and carrier contract negotiation services. They bring visibility to appropriate small parcel rates by providing granular target pricing saving their clients millions on shipping costs.
The process is straightforward: ParcelLogix offers a free assessment of clients’ pricing to identify opportunities for saving, which is typically completed in 3-5 business days. Clients then have the option of choosing from two options: Price Benchmarking or Carrier Contract Negotiations. Price Benchmarking Following a comprehensive analysis utilizing ParcelLogix’s proprietary data and analytics tools, a detailed list of custom price benchmarks and corresponding savings are presented to the client. These targets become the roadmap for the client to follow during negotiations with the carriers (UPS, FedEx & DHL).
Carrier Contract Negotiations Using the aforementioned price targets, ParcelLogix assists clients throughout the carrier negotiation process to maximize the savings attained by clients. This negotiation assistance includes financial impact analysis of proposals received by the carriers, guidance on strategy plus access to ParcelLogix’s Business Intelligence Dashboards.
Return on Investment ParcelLogix prides itself on being an affordable yet highly capable service provider. It is their goal on each engagement to return more savings to their clients than any other provider in the industry. In fact, many of their clients retain more than 90% of the savings achieved.
Find out how much your organization is overpaying for small parcel shipping and visit ParcelLogix today.
www.parcellogix.com support@parcellogix.com 800.471.2310
No one knowingly overspends. But, in what might be the most difficult carrier pricing environment ever for shippers, chances are you have.
And, why is that? Time is a valuable resource. Contracts are intricate. Any number of gotchas or hidden terms can go unnoticed and mitigate your contractual discounts. Not to mention, without benchmarking the market, how do you know you’re getting fair terms and pricing? Shipware was founded 19 years ago, committed to champion the shipper. We’re dedicated to leveling the playing field by creating a more balanced relationship between shippers and the carriers. With over $1 Billion in spend currently under our management, we’ve reduced parcel shippers’ costs 10-30% by helping negotiate contract terms and auditing carrier invoices to recover your chunk of the billions in refunds that go unclaimed each year. Why should you team up with Shipware? Bottom line — the savings. Both cost and time. As our clients have said, “It’s always a pleasure to see our weekly invoices from the carrier reduced,” and Shipware’s “experts helped us negotiate our carrier contract, saving us much more than we ever thought possible.” We do this all with no disruption to your current operation and little time commitment on your part.
www.shipware.com inquiries@shipware.com 858.879.2020
With costs rising due to an increasingly fast-paced business environment, even the most sophisticated supply chain operations are overpaying in an effort to gain a competitive edge. Providers are raising the stakes with consistent rate increases, policy changes, and complex billing systems that lack transparency. Spend Management Experts is the leading transportation, distribution, and fulfi llment spend management consultancy that helps companies optimize supply chain spend, reducing costs by 20% or more. We are a team of experts who know where to look, armed with modern supply chain technology which makes us all the more effi cient.
Our approach won’t disrupt daily operations. We employ unparalleled market intelligence and proprietary cost modeling, targeting hidden costs and identifying savings opportunities. We build strong business cases based on your data to negotiate better terms, pricing and service for our clients.
Our services help clients effectively manage spend across all modes: Strategic Sourcing: We provide a complete evaluation of existing carrier contracts, terms, and pricing, as well as alternative sourcing solutions. From there, we are able to develop a savings strategy. Supply Chain Strategy: We provide companies with a complete view of their spending environment, enabling them to maximize effi ciency and minimize waste. Business Intelligence: We ensure carriers comply with contract terms and agreements. We’ll help recover hard-dollar savings by identifying and claiming 100 percent of entitled funds. The benefi ts are undeniable; reduced costs, increased effi ciencies, dynamic reporting, accurate forecasting, and optimized planning.
Spend Management Experts delivers your competitive edge.
www.spendmgmt.com solutions@spendmgmt.com 404.902.5390
Trax is the global leader in Transportation Spend Management solutions. Combining industry leading cloud-based applications with expert services, we are transforming traditional freight and parcel audit to help customers better manage and control their global transportation costs and drive enterprise wide effi ciency. With a global footprint spanning North America, Latin America, Asia, and Europe, we deliver data-based visibility and insights, higher savings and better control of transportation spend for shippers of all sizes.
Trax’s Total TSM solution is purpose-built as a closed loop spend management solution for transportation; combining and leveraging a best-in-class set of data management and audit capabilities with a rich set of spend intelligence solutions or Transportation Spend Intelligence (TSI). Total TSM represents the next generation of freight and parcel audit to drive the industry toward comprehensive transportation spend management to deliver the capabilities shippers require to better manage and control their transportation costs. Best-in-class analytics can transform transportation cost data into an advantage for any shipper.
Trax delivers transportation spend intelligence through our TSI solution suite, enabling shippers to analyze their transportation spending and answer key questions like “What happened?”, “Why did it happen?”, and “What can I do about it?”. Whether it’s our TSI Insights solution, which captures all spending and KPIs in a best-in-class business intelligence solution or our patent pending TSI Variance Analysis, which quickly lets you measure the changes in your spending and identify the root causes of those changes, TSI gives you control.
www.traxtech.com sales@traxtech.com 800.755.0110 The increasingly complex nature of small parcel shipments makes it diffi cult to get a timely, accurate picture of true cost and service fulfi llment. High volumes, multiple surcharges, contracted delivery guarantees, limited access to information — it all adds up to a complicated invoice process prone to inaccuracies and unnecessary costs. U.S. Bank Freight Payment can help you address these challenges with robust solutions that integrate small parcel and freight data for an accurate view of true transportation spend. Transaction-level detail on more than 200 audit points provides visibility into performance and automated cost recovery eliminates laborious efforts to contest charges, fi le claims, and obtain refunds. Our small parcel experts work with you to provide customized recommendations that can help proactively identify areas to reduce expenses. Plus, you can depend on the reliability and security of a bank that’s gone beyond regulatory, audit, and compliance requirements to earn the highest data certifi cation to keep your competitive information safe. Visit freight.usbank. com/smallparcel to learn how you can get the reliability and visibility you need to make your supply chain a strategic advantage from point of origin to the last mile.
freight.usbank.com/smallparcel CPSTransportation@usbank.com 866.274.5898
No one wraps up parcels quite like Visible. Founded as a fulfi llment company with a single warehouse in 1992, we have grown to become one of the country’s leading providers of parcel logistics, fulfi llment, shipping, and packaging. And we're now one of the fastest-growing companies in the US. How fast are we growing? In 2019, we brokered over 115,000 freight shipments, weighing almost 600 million lbs, shipping them almost a million miles. On top of that, we also fulfi ll more than 240 million units a year, saving customers up to 41.2% on shipping and fulfi lling with 99.84% accuracy — 99.9% of parcels arriving on time. Add in proprietary shipment tracking that gives customers end-toend transparency on parcel progress and billing, fi nding the right solutions via multi-carrier strategies — and it’s easy to understand why over 25,000 customers trust Visible with their logistics, shipping, and fulfi llment. We also provide complete scalability and 1.26 million square feet of warehousing, in four warehouses, on two coasts. Contact us for your free parcel shipping analysis today.
Perhaps Casey Adams, our President, puts it best, "We help get products to consumers in the best possible way for companies' business models, and we do it while providing clarity in an industry that generally doesn't have it. Transparency is hard to come by. But not when you build your business from the ground up to provide it. The clue is in our name. Visible."
VisibleSCM.com sales@visiblescm.com 887.506.2614
AFMS www.afms.com info@afms.com 800.246.3521
Alexandretta www.alexandrettaconsulting.com info@alexandrettaconsulting.com 714.777.3377
CT Logistics www.ctlogistics.com sales@ctlogistics.com 216.267.2000, ext. 2190
enVista www.envistacorp.com info@envistacorp.com 317.208.9100
Green Mountain Technology www.GreenMountainTechnology.com Contact@greenmountaintechnology.com 901.507.9307
Intelligent Audit www.intelligentaudit.com info@intelligentaudit.com 201.880.1110
When you combine the decades-long expertise of seasoned industry professionals with cutting-edge logistics technology, the results are astounding. That’s the case at Zero Down Supply Chain Solutions. Zero Down provides parcel shippers with a winwin solution for saving time, money, and other valuable resources. Join the digital revolution. The Zero Down team helps clients enter the digital age and automate their systems, gain visibility, negotiate more favorable carrier contracts, access all modes, and so much more — all for a fraction of the savings provided. In fact, Zero Down doesn’t send an invoice unless you save money.
Save hours of time with our mobilefriendly technology. At Zero Down, our audit and spend management solution is powerful and robust. By leveraging our proprietary, cloud-based technology FreightOptics, our auditing process makes sense of the thousands of data points in each carrier invoice, checks invoices for accuracy and extracts the most relevant data on your behalf as information you can leverage.
See refunds in as little as 7 days. We perform a forensic data audit on each shipment, looking for the big and small. From service failures, to incorrect or missing discounts, to erroneously-billed surcharges, our system uncovers every inaccurate charge you can use for reimbursement to your account. Easy integration. With FreightOptics, there is ZERO up-front investment and ZERO IT involvement required for parcel implementation and minimal time and effort to implement freight audit. For a complimentary demo of our services and capabilities covering all modes of transportation, contact our team today.
www.zdscs.com info@zdscs.com 800.785.7959
26 PARCELindustry.com JANUARY-FEBRUARY 2020 ParcelLogix www.parcellogix.com support@parcellogix.com 800.471.2310
Shipware www.shipware.com inquiries@shipware.com 858.879.2020
Spend Management Experts www.spendmgmt.com solutions@spendmgmt.com 404.902.5390
Trax www.traxtech.com sales@traxtech.com 800.755.0110
U.S. Bank freight.usbank.com/smallparcel CPSTransportation@usbank.com 866.274.5898
Visible Supply Chain VisibleSCM.com sales@visiblescm.com 887.506.2614