How serious is your company about reducing its freight costs?

I ask because it’s easy to say, “We need to cut costs.” But do you have the information and the people to identify where those savings will come from?

A great freight audit and payment program can help you answer that question.
 
First, auditing charges, catching duplicate bills and preventing invalid payments can reduce freight costs by 3% to 5% typically from what we’ve seen over the years.
 
Second, accurate shipment data can help you run better sourcing events, with savings often in the range of 5% to 10% on the freight being sourced. Those opportunities depend on where you’re starting, and you shouldn’t simply add the percentages together.
 
But there’s more. Put that information in the hands of experienced logistics and supply chain professionals, and they can identify patterns that keep costing you money. Are your suppliers following your routing instructions? Or are you paying more because they keep choosing the wrong carriers? A comprehensive supplier management program can address that.
 
Here’s just one example.
 
A nationwide distributor supporting restoration professionals across multiple industries partnered with TranzAct to elevate its transportation strategy and create a more agile, efficient logistics operation. Prior to engaging TranzAct, the organization was navigating a range of transportation challenges that hindered performance and visibility. Freight costs continued to climb, carrier results varied widely, and the team lacked unified access to critical data. The company needed structure, clarity, and a more disciplined approach to managing freight.
 
The results came quickly and continued to build over time. Total transportation spend decreased by more than 10%, while outbound linehaul costs dropped 12.8%, generating meaningful financial improvement across high-volume lanes. Enhanced freight audit and payment workflows prevented more than $1 million in unnecessary charges—capturing duplicate invoices, correcting classification or rate errors, and ensuring every bill aligned with contracted terms.
 
Now, it would be easy to hear this, agree with it, and go back to business as usual. But that won’t reduce your freight costs.
 
When companies choose to get serious about reducing costs and bring in TranzAct, some of the steps we take include reviewing six to twelve months of freight bills and carrier agreements, comparing what they should have paid with what they actually paid, and identifying supplier routing exceptions. Then we work with their team to put a dollar value on the opportunities and a plan in place to capture the savings.
 
If your company is ready to act, send an email to the team at TranzAct before your next freight budget or carrier bid. We’re on your team, and we’re passionate about seeing you be successful.

And if you'd like to learn more, take a look at our Freight Audit and Payment offerings.

Here's how to get in touch:

☎️ Give us a call at 630-833-0890
✉️ Send us an email at solutions@tranzact.com 
💻 Contact us by completing our online form 
🕑 Schedule a conversation with a member of the TranzAct team