SoftGuide > Functions / Modules Designation > Freight Cost Control

Freight Cost Control

What is meant by Freight Cost Control?

The term "freight cost control" refers to the systematic monitoring, auditing, and optimization of costs associated with the transportation of goods. The goal is to minimize freight costs, identify billing errors, and increase the efficiency of transport management.

Typical software functions in the area of "freight cost control":

Automated invoice auditing: Comparison of freight invoices with agreed rates and terms
Cost analysis and reporting: Generation of detailed reports and visualizations on cost development
Rate management: Central management of freight rates and contract terms
Variance management: Identification and tracking of cost variances
Budget planning and control: Creation and monitoring of freight budgets
Supplier performance: Evaluation and comparison of carriers and transport service providers
Simulations and forecasts: Conducting what-if analyses and predicting future freight costs

Examples of "freight cost control":

• Identification of double billings in freight invoices
• Optimization of transport routes to reduce costs
• Negotiation of better terms with carriers based on data analyses
• Determination of the most cost-effective transport mode for specific shipments
• Consolidation of shipments to achieve volume discounts
• Implementation of a benchmark system for freight costs in industry comparison

 

The function / module Freight Cost Control belongs to:

Goods receipt and goods issue