SITUATION
|
- Company had tightly managed their transportation spend, but wanted
a third-party evaluation of potential savings opportunities
- Rapidly changing
fuel surcharges and other rising transportation costs warranted review
- Union
Partners began a study focused on benchmarking and evaluating savings opportunities
for Truckload Dry Van, truckload tank, and LTL spending
|
RESULTS
|
- Union Partners identified savings opportunities in excess of $500
K, or about 7% in truckload transportation spending
- Aided the client in
verifying savings generated by a fuel surcharge program that the company
had recently initiated
- Identified opportunity in the area of data capture
that would aid in identifying future savings
|
ACTION TAKEN
|
- Company initially focused efforts on lowering rates where the savings
were significant
- Study confirmed that company efforts to aggressively manage
LTL rates were effective
- Company reconfigured their usage of their private
fleet to the most expensive to outsource lanes, utilizing the suppliers
identified in the study to replace the fleet’s previous usage
- The
company decided to not undergo an initiative to negotiate their own rates
for a sizable portion of their shipments
|
