Resource Center/Article02/01/2018

4 Common Fees to Monitor for Supply Chain Savings

Cut logistics costs with common indicators: address corrections, invalid accounts, dimensional weight fees, and package consolidation.

Originally published by Inbound Logistics on February 1, 2018.
As logistic departments focus more time and energy on meeting fast order fulfillment, it can become inherently difficult to save money without changing the mix of services used to less premium ones. More often than not, managers are squeezing their network like a tube of toothpaste: getting every last drop out. Take advantage of the low hanging fruit in your network with four simple, yet powerful key performance indicators that focus on maintaining a healthy network by reducing unnecessary and often avoidable fees.
Networks need to be watched and monitored regularly to prevent issues from creeping up. There are a number of a business intelligence platforms available to help with proactive monitoring and analytical processes. Our human intuition and awareness can sometimes make it hard to see what the numbers are actually telling us. With an open mind, there are many other opportunities awaiting your discovery.
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