ERA - Case Studies
Royce Associates is an established chemical and dye manufacturer serving an international market from five production facilities, including three in New Jersey. Given the current economy, expense reduction is playing an increasingly important role in fulfilling the company’s commitment to invest in the latest technology.
Consultants compare bids to benchmark data for pricing, volume and service
Industry experts with Expense Reduction Analysts (ERA) analyzed the manufacturer’s air and ground transpor-tation expenses for its three New Jersey facilities. Ground shipments account for nearly half of the transportation expenses, while next-day air makes up nearly a third of the shipping costs.
Consultants solicited bids and compared proposals to ERA benchmark data for pricing, volume and service. They recommended Royce Associates consolidate shipments with a single incumbent carrier for greater discounts.
ERA industry experts also recommended the client use automated shipping tools for further savings.
Project Team Leader
Summary of Savings
|1||Freight||31% (Client ROI = $4,300/hour)|