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Benchmark transport costs

November 07, 2018 1845 Views

Description

Altrex is a manufacturer and distributor of stepladders, ladders, scaffolding, suspended platforms and customized access solutions.

Opportunities

Altrex was renegotiating its transport and handling rates with its current Logistics Service Provider (LSP) due to contract end and a significant change in distribution profiles.

Solution

Groenewout conducted a benchmark on the existing logistics market rates and calculated a market conform contract value to be charged to Altrex by its LSP.

Benefits

  • Altrex was able to validate the new logistics bid of its LSP and assess what the financial future impact was on its changing shipment sizes and distribution volumes