Freight Shipping FAQ
Table of Contents
- 1. General Parcel Freight Bill Audit Questions
- 2. UPS Audit and FedEx Audit Questions
- 3. General Truck (FTL & LTL), Ocean, Rail, and Air Freight Audit Questions
- 4. General Parcel Freight Contract Negotiation Questions (See below)
- 5. UPS and FedEx Contract Negotiation Questions
4. General Parcel Freight Contract Negotiation Questions
- 4.1 I have the lowest shipping rates possible. How can Source Consulting improve our parcel shipping contract?
- 4.2 I am a great negotiator, why would I hire Source Consulting to do something that I can do myself?
- 4.3 I just signed a new carrier contract. Do I have to wait for the shipping contract to expire before considering Source Consulting's contract negotiation services?
- 4.4 Will I have to switch small parcel carriers if I use your freight contract negotiation services?
- 4.5 I have a great relationship with my small parcel carrier. Will hiring a third party negotiator jeopardize that relationship?
- 4.6 I signed a confidentiality agreement with my carrier. How does that affect my decision to hire Source Consulting?
- 4.7 How much do your parcel and freight contract negotiation services cost?
- 4.8 Will Source Consulting guarantee to reduce shipping costs?
- 4.9 How much of my time will it take to go through this process?
- 4.10 If I let Source Consulting analyze my parcel carrier contracts for potential freight cost saving opportunities, am I obligated to anything?
4. General Parcel Freight Contract Negotiation Questions
- 4.1 I have the lowest shipping rates possible. How can Source Consulting improve our parcel shipping contract?
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It is common knowledge that the small parcel carriers sell freight shipping contracts that maximize carrier profit. Though your company may have a very qualified team of individuals managing small parcel freight contract negotiations, it is probable that a lot of money was left on the negotiating table. The carrier contract pricing experts at Source Consulting use highly developed analytic software and industry knowledge to benchmark and compare current FedEx contracts and UPS contracts versus what is available in the marketplace. Source Consulting's carrier pricing analytics, freight cost benchmarking knowledge, carrier negotiation expertise, and shipping industry experience enable our team to precisely identify areas of opportunity to improve your existing small parcel freight contracts.
- 4.2 I am a great negotiator, why would I hire Source Consulting to do something that I can do myself?
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Expert negotiating abilities constitute a small part of Source Consulting's toolset when reducing freight costs via small parcel contract negotiations. Many shippers and freight audit companies try to compare FedEx and UPS freight contracts without using analytic software or the inside knowledge of former high-level carrier employees. An effective analysis of any small parcel carrier contract involves many variables. Source Consulting has a proven track record of benchmarking and negotiating UPS contracts and FedEx contracts and will guarantee to reduce freight costs.
- 4.3 I just signed a new carrier contract. Do I have to wait for the shipping contract to expire before considering Source Consulting's contract negotiation services?
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Although each small parcel carrier contract usually has a defined term, they can be revised at any time. There is no reason to continue overpaying for small parcel shipping. Our carrier pricing experts will perform an analysis of current shipping contracts to determine small parcel freight cost reduction opportunities. Source Consulting will benchmark your carrier agreement at market leading incentives, bringing immediate and measurable freight cost savings to your business.
- 4.4 Will I have to switch small parcel carriers if I use your freight contract negotiation services?
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Our solutions to reduce shipping costs do not require you to switch carriers or change current operational procedures. Source Consulting's small parcel freight negotiation services will present your company with market leading carrier pricing from both UPS and FedEx. It is entirely your decision which carrier contract(s) you elect to utilize.
- 4.5 I have a great relationship with my small parcel carrier. Will hiring a third party negotiator jeopardize that relationship?
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One of the best ways to improve your carrier relationship is to remind them that they are not the only small parcel carrier and that they need to work to retain your business… which means superior pricing and superior service. Our services help facilitate that "need to work" reminder, and in doing so will also significantly reduce shipping costs. Source Consulting's customers often receive a higher level of service and attentiveness from their carrier after we have gone through our carrier negotiation process.
- 4.6 I signed a confidentiality agreement with my carrier. How does that affect my decision to hire Source Consulting?
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All UPS and FedEx customers have a confidentiality clause in their carrier agreement(s). Our freight cost reduction services are designed to accommodate your confidentiality commitments.
- 4.7 How much do your parcel and freight contract negotiation services cost?
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Compensation for our shipping contract services is limited to a contingent share of the actual freight cost savings generated by our service. Source Consulting's freight contract services propose a risk free opportunity to reduce shipping costs.
- 4.8 Will Source Consulting guarantee to reduce shipping costs?
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Yes, Source Consulting will guarantee to reduce shipping costs. We produce measurable freight cost savings. Since our compensation is predicated by our ability to reduce freight costs, we will not want you as a customer unless we are 100% confident of our ability to improve your small parcel freight contracts.
- 4.9 How much of my time will it take to go through this process?
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The team at Source Consulting provides the technology and resources to enable your company to stop overpaying your small parcel carriers. Our shipping contract solutions require virtually none of your time. We will manage service implementation, ensure optimal execution, and deliver shipping cost savings. Your team can be as involved as you would like. The bottom-line: You are very likely overpaying your carrier thousands and thousands of dollars. We can put a stop to that. We aren't asking you to believe us…just give us the opportunity to show you.
- 4.10 If I let Source Consulting analyze my parcel carrier contracts for potential freight cost saving opportunities, am I obligated to anything?
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No. Our initial shipping contract analysis is conducted so that we can determine the level of freight cost reduction opportunity that exists within your company's current freight contracts. If we identify an opportunity to reduce shipping costs it will naturally make sense to consider our shipping contract negotiation services.