Bringing Transport Savings into 2021

Posted on January 06, 2021

Looking back on 2020, logistics professionals will emphatically state that keeping supply chains open and moving was a major accomplishment. Companies usually prioritize cost savings in their supply chain; in 2020, cost tracking shows movement in the other direction – as companies paid more to keep operations running and lines moving.

Despite the challenges of 2020 and continuing impacts on logistics supply chains, it is essential to identify that cost savings are possible. Identification of cost-saving opportunities such as cost avoidance, consolidation, and deflation are all still possible during these trying circumstances. While it is easy for savings to fall by the wayside when concentrating on just moving product from A to B, it is also the best time to bring cost-saving strategies front and center!

Some simple savings strategies include:

  • Ensure that multiple quotes are obtained if contract rates are not in use; it is advised to get at least three quotes.
  • Ask for advance notification of shipments to arrange transportation as far in advance as possible.
  • Always audit carrier freight invoices with original quotes and question all additional charges.
  • Consolidation of loads from the same area/supplier when possible.
  • Check Incoterms on international shipments to ensure proper parties are handling appropriate arrangements.
  • It is imperative that accomplishments and savings are noted, quantifiable, and shown to offset any increases related to pandemic challenges.

For more information on how Allyn International can help with cost savings strategies, contact sales@allyintl.com 

Contributor: Heather Skovron


About Allyn International

Allyn International is dedicated to providing high quality, customer centric services and solutions for the global marketplace. Allyn's core products include transportation management, logistics sourcing, freight forwarding, supply chain consulting, tax management and global trade compliance. Allyn clients range from small local businesses to Fortune 500 firms. Allyn conducts business in more than 20 languages and has extensive experience in both developed and emerging markets. Highly trained experts are positioned throughout North America, Europe and Asia and Allyn regional headquarters are strategically located in Fort Myers FL USA, Shanghai P.R. CHINA and Prague, CZECH REPUBLIC. For more information, log on to www.allynintl.com.