Save 15-25% on inbound freight
How much does your company pay for inbound shipping?
If you don’t know, join the club. Most CFOs have a handle on centralized outbound freight costs. Inbound is a different story. It’s fragmented. Typically, buyers or purchasing departments negotiate their own purchases. Unfortunately, most assume that the "incidental cost" of shipping is a given, or that they are getting the best rate.
That relative lack of attention is a problem...or an opportunity. By identifying the best shippers and shipping methods and using leverage to get the lowest rates, most high volume manufacturers, distributors, and retailers can cut inbound freight costs 15-25%.
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As inbound freight costs shrink, the bottom line grows
$100,000,000 = Total annual purchases
2,500,000 = Inbound shipping costs (2.5% of purchases)
500,000 = 20% reduction in inbound freight costs
$0.5 million additional profit. Ever year. More as business grows.
Your freight report card
Crossroads, the leading freight management consultant, analyzes your overall freight picture and gives you a report card--free. Earn an A, and we say "Congratulations, see you later." If you’re like most companies, you don’t have an A on freight. In that case, we can quickly get you there, putting the savings on your bottom line.
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Results, not advice
We don’t just write a report on what you should do. We manage the whole process. As the freight management experts, we know the rules and regulations, the pricing and discounts, and the players in the field. We examine your present methods, negotiate the best deals for you, and institute new management and reporting practices.
Consulting fee: zero
Our compensation is a share of the savings we earn in the first two years. The more we save for you, the better Crossroads does. Furthermore, Crossroads is a freight consultant, not a broker. We do not accept commissions from carriers. The only basis for our recommendations is what’s best for your company.
Bottom line revisited
Crossroads typically saves a company 15-25% of its inbound freight costs. Sometimes more. Often, we can also save you money on outbound freight. Sometimes a lot. For some companies, that can be a significant competitive advantage as well as a savings. For example, research has shown that the single biggest reason online shoppers stop short of the final click is the added cost of shipping.
Call Larry Field at 800 xxx-xxxx for your free Crossroads freight report card. Discover how much your company is paying for inbound freight. Then, pay less and profit more.
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How companies have reduced freight costs
Price down, service up
Larry Field, Director of Crossroads freight management service, rationalized a $1.6 billion freight forwarder’s nationwide shipping network. Feeder routes and just-in-time shipments enabled the company’s trucks to travel fully loaded. Field selected the right carriers for each job, reduced the number of carriers and negotiated better deals with them. Charles Hitt, Senior VP of Transportation for the freight forwarder, estimates that Field slashed his firm’s shipping costs roughly 50%, from 18-22 cents per pound to 10 cents per pound. Good freight management practices raised service levels as well as saving money. "Larry," says Hitt, "has a wide field of vision."$4 million/year saved
Every day, a hardware company’s 70 stores received thousands of boxes, crates, and pallets of different sizes and shapes from hundreds of locations. The company had never tracked its inbound freight costs. With help from Larry Field, the company took control of its inbound costs. The savings amounted to 22% of controllable inbound freight, over $4 million a year.Savings, and answers
For the world’s largest manufacturer of public guidance systems, Larry Field managed consolidated freight operations from 8 carriers to 2. He also negotiated new contracts, established delivery and reliability standards, and increased oversight of accounts payable and receivable. "Larry is very responsive to our needs and questions," says Aroon Bhatia, VP of Finance. "He has our best interests at heart. We’re very happy with what he’s doing."Dot.com slashes inbound costs
For a casual-wear e-commerce company, Crossroads reduced inbound transportation costs about 20% by aggregating and moving merchandise through 3 major firms. Crossroads also devised routing guides, shipment tracking systems, bill payment and consolidation practices, and rate audits. Len Bellezza, Senior VP of the e-commerce company, says, "To get results it’s best to work with a professional organization like Crossroads that has a core competency in freight management."Larry Field knows freight
Larry Field, Director of Crossroads freight management service, has more than 30 years of experience in logistics, retail transportation and distribution, and manufacturing. He has designed and managed programs for inbound and outbound freight as interim VP Operations and COO of firms shipping over $200 million per year. As a logistics consultant, he has developed vendor routing programs, management reporting systems, and site consolidations. Mr. Field has taught logistics at Northwestern University and Florida International University. He holds a BS in industrial engineering and has completed MBA studies in finance and accounting.
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