Six Criteria to Benchmark your Freight Audit & Payment Metrics against Best Practices

Supply chain executi ves are increasingly aware of the value of having accurate data for analysis and decision-making. Accurate data is an essential driver of business decisions, cost-cutting initiatives, and
business process improvement initiatives.

In recent years, best-in-class organizations have been putting greater emphasis on gaining more precise visibility of their transportation costs in order to really manage their true cost of goods sold and profit margins.

A business process that has proven to yield an invaluable source of information is the freight audit and payment process.

How do you compare?
Does your freight audit & payment system enable:

• calculation of landed costs?
• discovery of savings opportunities through granular BI?
• enforcement of shipping & routing guide compliance?
• improvements in invoice throughput?
• satisfactory data for nonlogistics stakeholders?
• minimal post-audit findings?