The economy is still slowly recovering, and many businesses are still trying to do their best and make the most profit as possible. Some businesses are contending with harsh decisions like cutting personnel or services that may be very crucial and difficult to move on without. The good news is that there are efficient and guaranteed ways to go about creating savings without having to make these types of harsh decisions. One of these ways, as we like to remind our readers, is in simply looking over your shipping invoice and conducting a parcel audit.
Why is a parcel audit helpful? Because it roots out a commonality in nearly every shipping invoice - carrier errors. Even with the technical innovations that have made the process more automated, there are still common mistakes because of the amount of human interaction that still is a part of the shipping system. These carrier errors are important because finding them and properly reporting them can result in saving your company money. This process should not be feared, as conducting a parcel audit will not damage the relationship between you and your carrier. Instead, it will show that you are invested and interested in the fundamentals of the shipping process.
Source Consulting has a high level of expertise in the area of freight auditing. Source employs very experienced personnel- many of our employees have shipping industry experience, and all have a high amount of knowledge in terms of parcel auditing and carrier negotiations. The important takeaway is that if your company is looking to cut costs and create savings, there is no better place to start than your shipping invoice. Don’t just file it away and forget about it until next year - have someone, whether a third party auditor or one of your employees, look over it carefully and see the nearly guaranteed savings that will come out of doing so.
Author
Rich Harkey
Rich Harkey
Senior Strategy Manager
Rich Harkey is a results-driven professional with extensive experience in the logistics and supply chain industry.
As the Senior Strategy Manager at Lojistic, Rich leverages over three decades of expertise to help businesses improve their shipping strategies and reduce costs. With a deep understanding of the requirements of shippers and the operational intricacies of carriers, he excels in everything from optimizing business rules and managing carrier invoices to negotiating carrier contracts.
Rich's comprehensive knowledge of the logistics industry, combined with his strategic insights and passion for data analysis, has enabled thousands of companies to gain visibility into their shipping expenses, driving impactful results.