“In business as in life, you don’t get what you deserve, you get what you negotiate.”
There is no place for leaking profits to hide with FreightOptics as your resource. Uncover the blind spots with the industry’s leading technology on your side. Our service is automated – and accurate to the penny – with large-scale analysis and contract negotiation support and management.
Our results are unmatched in the industry and consistently provide savings of 10 – 30%.
We load in all components/incentives of carrier contracts to automatically rerate shipments and determine the actual impact on your shipping costs. Since it is automated in the system, we’re not limited by size. We can look at a large sample size and also account for seasonality, resulting in a precise analysis and more successful bid negotiation process.
With FreightOptics’ Optimization, our clients see serious savings. This summary showcases a comparison of what one of our clients was spending with their previous agreement versus what they are paying now with the new agreement we renegotiated on their behalf. Through our clear and transparent invoicing, we display the total savings percentage, shipments, and invoice date range. We also review this with you to ensure you understand the invoicing process and know what savings you are receiving.
Client: Client is a leading manufacturer of health and beauty products that works to empower private business owners. They are a private company with revenue over $8.5 billion.
Problem to Solve: The client’s longtime incumbent payment processor/auditor was unable to secure small parcel refunds. The client engaged a second auditor to validate the incumbent was performing adequately. The second auditor was also unable to secure any refunds after a 7 month trial period. The client ended the trial with the second auditor confident that they were being billed accurately and their account had $0 refund opportunity.
Results: The client gave FreightOptics the opportunity to implement our “audit the auditor” four step process. We successfully achieved more than $8,000 of small parcel refunds during our first month of implementation for the client. Needless to say, the client is extremely happy with our services and allowing us to audit their regional small parcel carriers too.
Client: The largest privately-owned art gallery in the world which handles art auctions on cruise ships, in major metropolitan areas, and at its original gallery location in the U.S.
Problem to Solve: The client was paying above market rates for freight and fuel on Domestic Air Freight shipping.
Results: During our seven-phase optimization process, we identified significant savings opportunities and negotiated on our client’s behalf for more competitive rates, without changing carriers. We were also able to achieve a 40% reduction in fuel surcharge expenses.
Client: A clinical diagnostics company that develops and manufactures clinical consumables and medical equipment.
Problem to Solve: The client needed a new carrier agreement. The existing agreement our team had successfully optimized three years prior was coming to an end.
Results: After a formal bid process, our team was able to reach even further than the original successful negotiation to secure more than 20% savings for the customer, while remaining with the same carrier. Our team used current market conditions and interest from other carriers to secure the deepest discounts possible in our second negotiation project on behalf of this client.