Landed Cost vs Freight Cost in Global Procurement
A supplier with the lowest unit price does not always provide the lowest overall cost. Once international freight, duties, customs clearance, handling and onward transport…
A supplier with the lowest unit price does not always provide the lowest overall cost. Once international freight, duties, customs clearance, handling and onward transport…
Freight audit can be managed internally, outsourced to a specialist provider or divided between the two. The right model depends less on the size of…
A freight budget should explain what an organisation expects to spend on transport, what is driving that expenditure and how the position is likely to…
For multinational businesses, freight payments can become fragmented quickly. Different countries use different carriers, invoices arrive in multiple currencies and formats, local teams follow their…
Global carrier networks rarely become complicated overnight. More often, carriers are added gradually as businesses expand into new countries, acquire other companies, open sites or…
A shipment can arrive on time and still create a material financial exposure. A missing proof of origin, an incorrect customs value, a carrier…
A shipment may be operationally complete when it reaches its destination, but it is not financially complete until its cost is validated, allocated and…
Quarter-end freight accruals often expose the real weakness in a multinational logistics operation. Finance may be working from estimated transport costs, operations may be…
A carrier tender that delivers a lower headline rate can still leave total freight spend unchanged by quarter end. That is usually where a…
Winning a competitive freight tender is only the beginning. Many procurement teams negotiate favourable rates, secure improved service commitments and expect meaningful cost reductions,…
For many finance leaders, freight remains one of the least predictable operating costs in the business. Manufacturing costs, payroll and procurement are usually governed…
Parcel costs rarely rise because of one bad carrier decision. In large organisations, spend creeps up through a mix of poor rate visibility, weak…



