Freight Audit and Payment services helps businesses keep any accessorial cost and loss & damage cost at bay. This leads to essential cost saving which amounts to heightened profits.
Shipment data that has been organized and presented in a logical manner can reduce the risk assessment and data mining costs of any enterprise while simultaneously promoting positive performance and quicker decision making process.
Freight Audit and Payment is over $ 1 billion in revenue for top shippers. The key to this revenue is efficient Management of the entire Auditing and Payment processes for each shipment.
Transport management solutions are known to save between 5-8 % of transportation expense. Businesses that are investing in these solutions are getting an excellent ROI. Leading vendors have observed a 15% growth in TMS usage within small businesses market.
Detailed Analysis Reports of Logistics processes bring excellent Return on Investment for companies worldwide. This can help them eliminate liabilities or outdated techniques they might be using in their in house operations or in their supply chain partnerships.
Developing a supply chain management model is a time consuming and expensive task for every manufacturing company around the world. So how to make this process easy?