Managing 2011 Rate Increases Despite Carrier Resistance

Carriers have increased their DIM factors, and accessorials and surcharges have been increased by record amounts. Other rate increases, not the least of which are air rates, have also risen to sky-high amounts.

Until we see the results of pending legislation that will dictate whether or not carriers will be able to keep third parties from entering into negotiations in the future, you may feel that your hands are tied when it comes to combating these rates in the ways that have become traditional over the course of the past decade or more. Don't stand still! Despite current carrier resistance, it is still possible to achieve discounts that will help lessen the burden of this year's rate increases. Here are three cost-saving solutions that still have the potential to yield impressive results:

1. Analyze Your Shipping Data
Through shipping data analysis, high-level benchmarking, and market intelligence analysis, you can show your carriers that you have a solid understanding of your supply chain, your company's position in the current marketplace, and prove where and why you deserve certain rates and incentives. At BridgeNet, we make this possible through an in-depth Logistics Expense Analysis. Click here to learn more.

2. Increase Your Supply Chain Visibility
Thanks to advances in technology, we are capable to achieve a level of supply chain visibility that can not only empower your team to make on-the-spot cost-saving decisions, but enable them to do it from anywhere in the world, 24 hours a day. BridgeNet's Web-based visibility solutions, Xonar, is being enhanced and used in new ways every day. E-mail sales@bridgenetsolutions.com to request a free demo.

3. Audit & Manage Your Invoices
By auditing your parcel and freight bills and managing your invoices at the line item detail level, ongoing transportation savings that make a truly significant impact on your budgets and lower your overall transportation spend can be achieved. BridgeNet offers parcel and freight auditing and reporting services through fully comprehensive Carrier Exceptions Management.

When the going gets tough, the only solution is to push back using the very best tried and true methods at your disposal, and then implement the technology that will back up your methods, extend your reach, and magnify your expertise. We are confident BridgeNet's solutions and services will help you navigate through the politics of rate negotiations and achieve your supply chain savings goals in 2011. Call us at 312-492-7500 for a no-hassle, same-day consultation.