3 Secret Freight Auditing Strategies to Cut Costs

<p>The average cost to process a freight invoice is $14. Given the level of complexity this documentation often includes, many likely cost much more than that. It also takes approximately 37 days to pay an invoice, a lag that causes considerable challenges – especially given that 60 percent of freight quotes to not match the final invoice.</p><p>In this Supply Chain Now livestream, Scott Luton and Greg White were joined by 20-year industry veteran Shannon Vaillancourt of RateLinx to discuss the keys to unlocking hidden freight savings.</p><p>He shared how Fortune 500 companies and SMBs can:</p><p>- Eliminate rate tolerances</p><p>- Negotiate better RFP rates with accurate historical costs</p><p>- Establish and calculate lost savings KPI</p><p>Additional Links &amp; Resources:</p><p>Learn more about Supply Chain Now: <a href="https://supplychainnow.com" rel="noopener noreferrer" target="_blank">https://supplychainnow.com</a></p><p>Check out our new Supply Chain Now Media Kit: <a href="https://bit.ly/3zKRLyL" rel="noopener noreferrer" target="_blank">https://bit.ly/3zKRLyL</a></p><p>Subscribe to Supply Chain Now and all other Supply Chain Now programs:<a href="https://supplychainnow.com/subscribe" rel="noopener noreferrer" target="_blank"> https://supplychainnow.com/subscribe</a></p><p>Fortune 100 Saves Millions Annually with RateLinx Freight Payment Solution: <a href="https://urldefense.proofpoint.com/v2/url?u=https-3A__www.ratelinx.com_use-2Dcases_fortune-2D100-2Dsaves-2Dmillions-2Dannually-2Dwith-2Dratelinx-2Dfreight-2Dpayment-2Dsolution-2D2_&amp;d=DwMFaQ&amp;c=euGZstcaTDllvimEN8b7jXrwqOf-v5A_CdpgnVfiiMM&amp;r=TlEBpeIcgmR3mnm5OhztGgwqOjy9B88fmmKhiTfZ0XU&amp;m=DeHdJViFQQxf6QObMeZptJEZn_Phz5ec5xcusVDY1O4&amp;s=m__WPYRpDmMSOz5xv6QSkaDoGHE7DCyqxdpSC2rg_iA&amp;e=" rel="noopener noreferrer" target="_blank">https://www.ratelinx.com/use-cases/fortune-100-saves-millions-annually-with-ratelinx-freight-payment-solution-2/</a></p><p><br></p><p>Leveraging Logistics and Supply Chain for Ukraine: <a href="https://vectorgl.com/