What is the Most Effective Strategy to Massively Slash Shipping Freight Costs?
Freight costs reduction is almost always the last frontier in the cost reduction landscape. At the board level, most companies do not pay much attention to their external freight costs. These costs never get the attention they deserve because they are scattered all over the place, and generally out of sight. What if I told
Amazon spent $28B in freight costs last year. How well are they using their advantage?
Someone asked me this question on a popular social platform. The subtext was this: What kind of discount do you think they’ve negotiated with the major carriers (UPS, FedEx, USPS, etc.)? I have over 12 years of operational experience and 23 years of commercial negotiation experience with freight companies on large scale global freight operations.