London View

Logistic / Freight Reviews

A freight review will give you the chance see if any providers are in a position to offer services at a lower cost point, or perhaps meet your needs in a way that your current providers cannot.


The process of a freight review is based on five core activities; information gathering, clarify, benchmark,

recommend - finally agree and implement recommendations. This will enable your business to prepare for future stability and growth realistically and accurately.


Gather

♦ 3 Year business plan

♦ 12 months order data

♦ Service requirements

♦ Acceptable engagement

♦ Systems details

♦ Latest carrier rate cards

♦ 3 months carrier invoices

♦ 3 months service reports


Clarify

♦ Understand capabilities

♦ Unearth surcharges

♦ Contractual terms

♦ Service issues

♦ Returns process

♦ Long term strategic fit

♦ Unfulfilled obligations

♦ Attitude to change


Benchmark

♦ Evaluate proposition

♦ Offer vs competitors

♦ Marketplace requirements

♦ Create data model

♦ Reveal existing true costs

♦ Current performance

♦ IT capabilities

♦ External factors


Recommend

♦ Proposed carrier structure

♦ Agree action plan

♦ Consider new markets

♦ Internal process

♦ Monitoring costs

♦ Monitoring performance

♦ Improve engagement

♦ Future requirements


Implement

♦ Agree approach

♦ Implementation timescales

♦ Contractual

♦ IT / systems

♦ Testing

♦ Implementation

♦ Warranty period

♦ Evaluate