Spend Management

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Freight & Logistics

With the economy in disarray, shipping prices are becoming increasingly volatile. However, your shipping operations are essential and must continue. Transportation accounts for almost 50 percent of an average company's logistics costs. For companies looking to reduce costs across their organization, transportation is a key spend area to examine. Cost Management Group's Logistics Solutions Group focuses on driving costs out of your transportation spend, while optimizing the efficiency of your logistics strategy.

Too many companies rely on top-level data that doesn't break down costs and ultimately have no way of conducting the proper analysis required to achieve the best solution for their company. Understanding the actual spend on logistics, including drilling down to accessorial and surcharges, is the most important first step to bringing spend under control and creating more strategic value. Cost Management Group's Logistics Solutions Group will analyze transportation spend and conduct the most comprehensive analysis available in the industry.

Contrary to other firms that may just offer a technology solution and less experienced consultants to "crunch the numbers", CMG's Logistics Solutions Group is made up of former transportation executives with first-hand experience developing corporate logistics strategies.

Transportation Optimization

Our Logistics Solutions Group ensures you receive fair market pricing for the most appropriate shipping methods. Most of our clients were not conscious of the pricing inconsistencies in the marketplace. The fact is that carrier pricing typically varies from customer to customer. You may be paying up to 35 percent more than your direct competition for the same shipping methods.

Network Optimization:

We identify the most useful and efficient shipping processes by analyzing the methods and locations our clients ship their products. Outbound shipping should be a profit source and not a cost line item. Through careful procurement and uncommon expertise we maximize your shipping efficiency.

Bill Auditing & Service Recovery:

The reason for a Billing Audit is to verify that our clients are being billed accurately. We also ensure all account numbers and contracts within the carrier’s system are set up correctly. Our services include a thorough bill auditing process which includes analyze of dimensional weight charges, address corrections, and billed but never shipped charges to ensure our clients receive the maximum refunds. We steer through carrier denials and excuses to achieve the greatest return to your bottom line.

Vendor Management

Contract Benchmarking & Negotiation:

Our spend management team has procured, developed, and consulted on hundreds of carrier pricing contracts. Many of them actually helped the majority many of the costing models used in the shipping industry today. This experience allows us to secure fair market pricing for our clients, maximizing logistics cost reduction and savings. Our uncommon expertise spans across small parcel shipping, international parcels, ocean freight, FTL, and LTL.

Waste

Waste management is an indirect expense that every company endures. In today’s marketplace, 90% of businesses overpay for recycling and waste disposal. Due to waste hauler overcharges, lack of a cost effective waste management and/or recycling program, and unclear segregation of waste spend, many companies do not have the time to monitor and audit invoices. Instead of adding to your procurement or operations team’s workload, our experts can assist these individuals in cost recovery, waste disposal assessment, as well as increased accuracy in forecasting.

CMG’s waste management experts have been serving commercial and industrial clients for years utilizing the knowledge they obtained while employed at the top waste companies in the United States. We have no bias towards any waste haulers, rather we work hand-in-hand to ensure you receive quality waste services and realize bottom line savings.

Spend Management


Spend Categories



2011
CLOUD SUMMIT SERIES

Miami Technology Summit
August 26th, 2011
www.miamitechnologysummit.com

Atlanta Technology Summit
July 22th, 2011
www.atlantatechnologysummit.com
2 hours ago

Dallas Technology Summit
August 26th, 2011
www.dallastechnologysummit.com
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