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Freight Benchmarking: What Is It? Why Do It?

Logistics Bureau

Whether your company is a big or small player in terms of shipping volumes, and regardless of your chosen transportation modes (road, rail, ocean, air), the health of your bottom line depends in no small part on the competitiveness of your freight prices. So how can you be sure you’re getting the best freight rates possible?

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Using Freight Audit Data to Stay Strategic on Spot Bids

Intelligent Audit

Freight audit and payment protocols have long been an essential service for shippers in competitive markets. Predictive planning and analysis are crucial to avoiding overpayment and freight rates and fees surprises. Freight Audit Data Helps Shippers Know What to Offer for Spot Needs.

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Modern Ways Technology Provides Transportation Management & Freight Spend Visibility

Intelligent Audit

It has always been essential to have visibility into freight spending. Freight audit & payment (FAP) providers have long paved the way to gaining this visibility by looking at shipping invoices and breaking down freight spend. What Is Freight or Transportation Spend Management?

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Using Freight Auditing and Payment to Improve Working Capital & Cash Flow

Intelligent Audit

For several reasons, working capital management and freight auditing remain vital for achieving growth and success in the modern supply chain. Freight audit and payment management can help highlight and address these expenses. Poor analysis and distribution of data leads to limited actionability.

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What Are the Potential Savings From Freight Invoice Audits?

Intelligent Audit

Discovering billing mistakes through leveraged data from freight audits helps shippers identify cost-cutting opportunities through accurate invoicing and payment processing. Freight audit savings might arise from recouping costs due to overbilling, service guarantee failures, or simply using the wrong carrier for each load.

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A Guide to Freight Payment Types, Solutions & Why Shippers Use These Services

Intelligent Audit

The implications of reduced cost in just this one area of processing and freight payment management can have a significant impact on profits. But freight payment remains a very complex and often error-prone process. What Are Freight Payment Services. Freight payment service may also be known as freight audit and payment.

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Use Air Freight to Meet Consumer Demands as Supply Chains Accelerate

CH Robinson Transportfolio

And bringing air freight services into the spotlight. . Because consumers use technology to do on-the-spot price comparisons, they can order from any company in the world that has their desired product. Reducing or eliminating inventory carrying costs, along with out of stocks using detailed analysis tactics had been the goal for many.