Here is an example of how Valentine Solutions worked with a client to drive revenue through supply chain optimization.
A rapidly growing Purchasing Group was faced with sharp increases in their transportation costs. Specifically, their small package and final mile expenses had escalated significantly. Wanting to make a quick impact on the bottom line, they turned to Valentine Solutions to pinpoint the issue and determine where to start.
Our complimentary needs assessment found significant increases in business with seasonal spikes. Small parcel fees were exploding as well as final mile costs — especially on residential deliveries. Also, the company lacked a defined auditing process and they suffered from limited carrier visibility.
After analyzing data for both modes, we engaged our solution provider who specializes in helping optimize and renegotiate carrier agreements within 60 to 90 days. We also automated the entire freight audit & payment process with another solution provider, giving instant visibility to transportation expenses and access to over 700 reports.
By optimizing their transportation contracts, our customer saved $1.2M within 90 days. And implementing the new freight audit & payment process empowered them to streamline and benchmark carriers against new agreements. Now they have dashboards for visibility, as well as a data repository that enhances forecasting & identifies trends.
Our customers experience immediate time savings and resource benefits, as well as cost reductions ranging from 10% to 30%+. We’d love to do the same for you!
