Transportation: Vendor Inbound Freight
10 steps to reducing costs and improving control.
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Bill Wilson
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The audit is the backbone of any solid vendor inbound freight program. Yogi Berra said it best: “If you don’t know where you are or where you’re going, when you get there, you might be somewhere else!”
10 Steps to Savings
After you’ve completed the audit, ensure success by adopting these VIF tenets.
* Properly identify all of the costs associated with inbound freight (e.g., truckload, LTL, small package, air). Determine the total annual cost of inbound freight and calculate the percentage of gross sales. This provides you with a baseline of costs.
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Bill Wilson
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