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[INFOGRAPHIC] Mastering Carrier Invoice Freight Auditing for a Healthy Bottom Line

GlobalTranz

While you can generally give the several freight invoices you get each day, week, or month a cursory review to ensure you understand what's being spent, a much better option is to focus on regular freight auditing process. Freight Auditing Components & Setting Expectations of Needed Resources. Shipping costs.

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Freight Bill Post Audit Vs. Freight Bill Pre Audit: Benefits, The Difference, and Why They’re Both Important

GlobalTranz

Freight Audit Benefits. Based on the research of inboundlogistics.com, freight costs can make up 10% of an organization’s expenditure. Inbound logistics details the freight audit process as follows: “To begin the auditing process, a freight logistics company receives its clients’ freight bills directly from carriers.

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Utilizing Best-Practices to Create the Holy Trinity of Freight Accounting

GlobalTranz

What’s the Difference Between Freight Payment Processing and Freight Auditing? Freight payment processing is basically how a shipper can pay respective carriers for their services. Meanwhile, freight auditing takes on the role of payment verification. Freight Audit. They should!

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Full Truckload, Parcel, LTL, Intermodal?Oh My! How to Manage All Over the Road Modes Effectively

GlobalTranz

The Freight & Transportation Management Trends to Know in 2018. That amounts to roughly 64 potential combinations for over the road transportation, and that excludes value-added services, such as ease in freight auditing or payment processing. Freight claims management services. Inbound freight management.

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Managed Logistics Meets Five Challenges for Complex Supply Chain Operations

Blue Grace Logistics

Improvement of the payments process starts with a freight audit by the MLP. Managed Logistics Meets Five Challenges for Complex Supply Chain Operations Show Submenu Resources. The Logistics Blog®. Whitepaper. Case Study. BlueGrace Logistics. Supply Chain Brain. Sponsored by BlueGrace Logistics. September 15, 2022.

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Choosing Parcel Carriers: How Do I Know the Right Parcel Carrier to Choose?

GlobalTranz

Implementing a freight auditing program for parcels is an excellent way to identify these added costs and issues, as well as notify carriers of their failure to live up to their end of the contract. Hold Carriers Accountable for Delivery Shippers must hold carriers accountable for meeting delivery.

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Getting the Full Value Add from 3PL Services by Avoiding Commoditization or Transactionalism

GlobalTranz

Increasingly, the holistic 3PLs that offer services such as freight rate negotiation, freight auditing, information technology and economies of scale, as provided by the Cerasis transportation management system , the Cerasis Rater, are becoming the strategic partners for success along the supply chain.