A multinational conglomerate was already a technology leader, yet its parcel and freight management lacked transparency. FreightOptics’ end-to-end overhaul recovered over $52000
in lost parcel claims and service credits while slashing carrier costs by 35%.
What is the Top Supply Chain Projects Award?
Supply & Demand Chain Executive’s Top Supply Chain Projects (formerly the SDCE 100) profiles case-study projects that automate, optimize, and improve supply chain operations. The award celebrates innovative solutions that deliver measurable ROI across warehousing, transportation, procurement, and technology initiatives.
Why FreightOptics Earned a Top Supply Chain Project Award
The client, a diversified corporation operating multiple business units, was struggling to integrate acquisitions and manage increasingly complex carrier networks. FreightOptics delivered a comprehensive suite of audit, bill-pay, and negotiation services to uncover hidden costs and streamline processes.
- Comprehensive audit and bill-pay recovered lost funds: FreightOptics’ forensic auditing identified $23 000 in lost-package claims and $29 000 in service audit recoveries, ensuring that carriers reimbursed the client for service failures.
- Carrier contract optimization yielded 35% savings: By renegotiating agreements and advising on carrier selection, FreightOptics cut transportation costs by roughly $60 000 per month, a 35 % rate reduction.
- Streamlined payments prevented late fees: Custom payment batches and GL coding eliminated manual errors and cut annual late payment fees from about $180 000 to negligible amounts.
- Integrated onboarding accelerated M&A integration: FreightOptics standardized audit and bill-pay processes across newly acquired divisions, enabling fast integration without disrupting operations.
- Data-driven roadmap prepared for TMS expansion: With financial recoveries underway, FreightOptics positioned the client for the next phase-deploying a transportation management system and freight optimization tools to further reduce costs.
By combining forensic audits with strategic negotiations and streamlined financial processes, FreightOptics helped a global conglomerate transform freight management into a source of sustainable savings, positioning the business for future digital supply chain investments.
