
10 Jul Logistics and Shipping Services
Large accounting firm is looking into their logistic and shipping costs that is heavily burdening their operating budget.
Current State and Challenges
A large accounting firm is looking into their logistic and shipping costs that is heavily burdening their operating budget. The firm’s office manager simply does not have the resources or the expertise to analyze thousands of invoices with various shipping companies, create a cost matrix to be reviewed for the partners and finally negotiate the best individual or overall contract with each vendor.
OTP Process
OTP studies their current program related to the following factors:
- Compliance
- Vendor eligibility
- Contract Viability
- Cost
OTP creates an accurate current state expenditure matrix and a scope of work with exact requirement parameters which lend themselves to the creation of a comprehensive RFP and its administration on client’s behalf.
Results
Based on their expert knowledge of the firm’s existing needs and requirements, OTP negotiates the best consolidated contract with a leading logistics and shipping vendor resulting in a 36% reduction in annual cost.