The AberdeenGroup believes that companies can save 8.8% of their annual freight bill with more sophisticated Transportation Spend Management—from procurement through payment. Aberdeen documented their contention with results from best-in-class companies in a recent study. Supplemental to Aberdeen’s work, various transportation industry case studies, and anecdotal evidence, suggest that this savings opportunity may be 15% or higher for many companies.

Whatever figure you accept, the opportunity is significant.

In this webcast you’ll learn from Ian Hobkirk of AberdeenGroup the tenets of a “Closed-loop Spend Management” program and the savings opportunities best-in-class companies have discovered. You’ll also hear from Gregg Bostick of Pinnacle how implementing a Closed-loop Spend Management program can result in double-digit freight bill savings.