Best Practices to Reduce International Freight Costs

The drive to capture the business benefits of low cost country sourcing has far out-paced the processes and systems needed to efficiently manage the global supply chain. A recent survey by Aberdeen identified that higher than expected transportation expenses was the primary factor in landed cost budget variances.

By · February 7, 2012

The drive to capture the business benefits of low cost country sourcing has far out-paced the processes and systems needed to efficiently manage the global supply chain. A recent survey by Aberdeen identified that higher than expected transportation expenses was the primary factor in landed cost budget variances. Most importers do not have a formal solution to manage international transportation. Today’s TMS solutions are oriented to managing domestic transportation and cannot handle the complexities of containerized transportation and airfreight. Yet, technology holds the key to containing escalating international transportation costs.

According to AberdeenGroup’s recent report, Winning Strategies for Transportation Procurement & Payment, 81% of 380 enterprises surveyed with freight spend over $25 million plan to implement new transportation procurement and payment technology. And, the majority of respondents believe that a more sophisticated procurement and freight audit solution can save an average of 8.8% on their overall freight budget.

Amber Road delivers the transportation management and supply chain visibility capabilities you need to realize these savings through the manage, audit, and pay processes. Beyond execution, the solution also collects key operational metrics to better manage your transportation providers in areas such as invoice accuracy, booking performance and delivery performance. These can become important non-price attributes for the next sourcing cycle.


Subscribe to Logistics Management Magazine!

Subscribe today. It's FREE!
Get timely insider information that you can use to better manage your entire logistics operation.
Start your FREE subscription today!

Latest Whitepaper
Private Fleet vs. Dedicated: Which one is right for you?
Having the right fleet for your business can give you an advantage over the competition and lower transportation costs.
Download Today!
From the April 2017 Issue
While adoption rates have remained relatively flat, yard management systems (YMS) are helping logistics operations turn that important space between the loading dock and the gate into a vital link in the supply chain.
Information Management: Wearables come in for a refit
2017 Air Cargo Roundtable: Positive Outlook Driven by New Demand
View More From this Issue
Subscribe to Our Email Newsletter
Sign up today to receive our FREE, weekly email newsletter!
Latest Webcast
Maximize Your LTL Driver Adherence with Real-time Feedback
This webinar shows how companies are using real-time performance data to optimize the scheduling of their city fleets, as well as the routing of their standard, accelerated and time-critical shipments.
Register Today!
EDITORS' PICKS
2017 Salary Survey: Fresh Voices Express Optimism
Our “33rd Annual Salary Survey” reflects more diversity entering the logistics management...
LM Exclusive: Major Modes Join E-commerce Mix
While last mile carriers receive much of the attention, the traditional modal heavyweights are in...

ASEAN Logistics: Building Collectively
While most of the world withdraws inward, Southeast Asia is practicing effective cooperation between...
2017 Rate Outlook: Will the pieces fall into place?
Trade and transport analysts see a turnaround in last year’s negative market outlook, but as...