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2011 Transportation Contract, Tender and Spend Management
Aberdeen Group, May 2011, Pages: 26
Almost 50% of transportation and procurement professionals are focused on improving the ability to analyze and automate true freight spend. This report details how top shippers have leveraged transportation spend management solutions together with process improvements to keep costs under control and maintain high levels of carrier and freight performance.
Aberdeen used the following five key performance criteria to distinguish Best-in-Class companies:
- 0.7% decrease vs. last year in baseline freight spend
- 92.8% of carriers are compliant with their contract cost
- 91.9% of carriers are meeting their SLA routing compliance
- 9.2 - average time in days to pay a freight invoice from receipt
- 86.4% of transportation invoices currently audited
Key Report Benefits:
- Better Track Freight Charges
- Improve Spend Data Visibility
- Reduce Over-Billing from Carriers
Aberdeen's Research Benchmarks provide an in-depth and comprehensive look into process, procedure, methodologies, and technologies with best practice identification and actionable recommendations.
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