Cost to Deliver
Outbound Landed Costs
Rising fuel costs, labor shortages, capacity constraints, and ever-increasing customer demands make it critical to have full transparency of freight costs by customer order, delivery, and individual product. For companies that own the means of transportation, this information provides important efficiency measures used to optimize routes, truck utilization, and service levels. For companies outsourcing transportation, a lack of this insight disconnects them from the cost of customer delivery demands and leads to an inability to audit freight carrier invoices or optimize freight charges through simulation.
Optimize transportation costs with relevant cost insights from ImpactECS
- Calculate transportation costs by order: Move beyond delivery level freight costs to understand the cost associated with each order on each delivery and identify opportunities to optimize order volumes and routes.
- Determine outbound freight costs by product: Calculate product level transportation costs to ensure product margins properly account for transportation costs and to eliminate hidden transportation subsidies.
- Validate and audit freight carrier invoices: Connect ERP, Transportation management system data, and freight carrier rate cards to pre-calculate anticipated 3rd party freight charges in order to provide the means to audit and validate carrier invoices.
- Analyze outbound transportation and freight consolidation activities: Run simulations designed to optimize customer shipment and freight requirements and guide customer behaviors.
The Value of Costing in Changing Business Environments
Recent events have taught finance and costing leaders that unpredictability is the new norm—making effective cost planning a necessity. Cost data impacts organizational decisions from quoting new business, selecting vendors and suppliers, planning production, and servicing customers. The most innovative teams have enabled costing models that generate planned, forecasted, historical, and simulated cost data to drive commercial and operational decisions.
This session highlights use cases of cost analytics models that predict how market shifts are cost changes that impact profits, evaluate performance compared to benchmarks, determine the success of quotes to actual performance, and establish targeted cost management programs.
Resources
Get Quick Insights and Best Practices
Visit the Video Library >Is Your Product Costing Process Healthy?
Get your Score >Creating a Cost-Focused Culture
Watch the Webinar >Guide to Implementing Cost Systems
Watch the 30-min Q+A >Cost Allocations: Gaining Actionable Insights
Read the Article >Ready to see ImpactECS in action?
Get a glimpse of how we help companiesunderstand their costs and profits