Telecommunications Provider
Initial situation
- Company margins were suffering
- due to out-of-line growth in freight costs
Objective
- Rapidly improve control of freight spend
- Identify carriers/lanes causing growth
Agreed actions
- Online visibility of spend within 3 months
- Prioritized action-plan to regain control
- Automated checking for 100% of invoices
Results achieved
- Costs cut by more than 20% in 12 months
- Ongoing review started to retain control
- Billing errors found in 6 months = € 330,000
Key data
- 16,000 shipment/mth.
- Spend: € 18 million p.a.