Spend management consulting firm reduces shipping expenses, improves carrier pricing visibility
ATLANTA - August 18, 2011 - NPI, a leading spend management consulting firm, today announced that its transportation spend management services have helped Radiant Systems, Inc. save millions of dollars in shipping costs. Radiant Systems is a global provider of innovative point of sale (POS) technology to hospitality and retail businesses.
With more than 14,000 packages shipped each month, Radiant Systems' shipping expenses account for a significant portion of the company's operational budget. Faced with a mandate to reduce these costs, the company selected NPI to perform strategic and tactical optimization, and to improve its carrier sourcing process. Additionally, NPI was tasked with helping the company recover refunds for billing errors and for packages that missed carrier service level guarantees.
NPI worked with Radiant Systems to create and execute a formal RFP process and implement audit and service reliability measures. Process and sourcing improvements now account for millions of dollars in annual savings for Radiant's small parcel and less-than-truckload shipping. On an ongoing basis, NPI monitors modes, fuel surcharges, time-in-transit, packaging, zone skipping and other aspects of Radiant's supply chain transportation for optimization opportunities.
"There are plenty of consultants out there that can save you money once or twice in your business cycle. But NPI continues to save us millions of dollars year after year while making our logistics operations more efficient," said Brian Earls, vice president of materials, Radiant Systems.
NPI estimates that market volatility will drive many companies to re-evaluate how they source and manage supply chain transportation spending. Companies that take an aggressive and proactive approach to managing shipping costs can minimize the impact of market changes on their business.
For more information on NPI's transportation spend management services, please visit www.npifinancial.com.
NPI is a spend management consulting firm that protects companies from overspending in specific cost categories - information technology, telecommunications, transportation and energy. Using a combination of market experts, proprietary methodologies and extensive data, NPI ensures that prices and terms are in line with best-in-class benchmarks. Reviewing more than 14,000 purchases annually, NPI provides objective oversight for billions of dollars of strategic spend for its clients. To learn more about how NPI can help your company start saving today, visit www.npifinancial.com or call 404-591-7500.
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