July 2024

freight audit and payment guide

Simplifying the Freight Audit Process: Auditing & Payment Guide

Transportation Spend Management /

Freight audit and payment is a process companies use to monitor and manage their transportation costs. This process includes reviewing freight invoices to track costs, verify their accuracy, and pay carriers according to your contracts. If you’re dealing with freight shipments, you’re familiar with the freight audit and freight payment processes. As freight shipping gets […]

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Carrier Contract Negotiation: A Guide to Reduced Shipping Costs

Contract and Compliance /

Carrier contract negotiation involves working with carriers to establish new shipping rates, fees, and payment terms that outline your shipper-carrier relationship. These negotiations aim to lower your shipping costs and improve service quality. Managing your shipping spend is crucial for maximizing profitability and improving your bottom line. With the right knowledge, tools, and partners, you

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Parcel Spend Management

5 Strategies for Effective Parcel Spend Management

Transportation Spend Management /

What Is Parcel Spend Management? Parcel spend management is the process of analyzing and optimizing your shipping costs to reduce parcel delivery expenses. It involves negotiating favorable rates and services from shippers, auditing parcel invoices, and automating logistics to increase efficiency without lowering service quality. Effectively managing your parcel spend is essential for cutting shipping

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6 Essential Tips for Effective Parcel Contract Negotiation to Cut Shipping Costs

Transportation Spend Management /

Parcel contract negotiation involves defining the terms and conditions of a contract between you and your carriers, including costs, service types, and quality standards. These negotiations aim to reduce your costs and improve the level of service your carriers provide through relationship management and strategic negotiation. If you’re looking to cut shipping costs for your

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Parcel Audits: A Strategic Approach to Cutting Shipping Spend

Transportation Spend Management /

A parcel audit is the process of reviewing parcel invoices for billing errors or other mistakes that cost your business money. The goal of parcel audits is to recover excess spending and ensure the correct shipping terms are being provided. Are excessive shipping charges silently siphoning your profits? Accurate shipping expense tracking helps ensure you’re

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