Logistics Expense Analysis - Freight and Parcel Rate Negotiations RFP and Benchmarking

Demo | Client Login | Partner Login | Request for Proposal

Bridgenet Solutions

Client Testimonial

"BridgeNet has aided us to leverage our freight not only on a divisional level, but on a global level, saving our company over $16MM."

Denise Wirchansky
Project Manager, Indirect Procurement
Global Operations

Logistics Expense Analysis

With our Logistics Expense Analysis, you can successfully create a freight rate negotiations RFP, parcel rate negotiations RFP, and obtain a detailed assessment of your current shipping practices. BridgeNet will also perform benchmarking that compares your shipping practices with best-in-industry practices.

Based on 52 weeks of your archived shipment detail, BridgeNet's parcel rate negotiation services take negotiating out of the equation. Instead, we cleanse your shipping profile while benchmarking your shipping characteristics against thousands of companies in our proprietary database, empowering you to leverage better rates on both domestic and international contracts.

BridgeNet's freight rate negotiation services provide pre-bid data cleansing of 52 weeks of your company's less than truckload (LTL), full truck load (FTL), ocean freight, and air freight shipping data. By cleansing this data, we provide an accurate shipping profile which we then benchmark against the thousands of companies in our proprietary database.

During the freight rate negotiation process, we offer enhanced services, which are incentives that can be written into contracts. Through cleansing, benchmarking, and enhanced services, you are able to maximize leverage on your freight rates.

When our initial analyses are complete, we are able to develop an auditing, reporting and exception management plan that is tailor-made to suit your needs. We also implement carrier performance monitoring, facilitating in the timely recovery of any audited savings, and adjustment and assessorial management. Data analytics solutions are enforced by real-time, up-to-date data, and web-enabled, on-demand reporting reflects not just your current savings, but the areas in which even greater savings may be achieved. Optimized process improvements and high-yield financial analyses also positively affect profit margins, and are made readily available to you.

On average, BridgeNet Solutions clients are able to achieve an average of 10-40% savings on their small parcel shipping costs. These savings are savings that when translated, become cost-savings initiatives that can be implemented during day-to-day operations.

The following overview reflects the processes that occur once the Logistics Expense Analysis is underway:

Global Shipping Profile