In the competitive world of global shipping and logistics, controlling freight expenses is a primary driver of profitability. Companies often rely on standard carrier rates or historical relationships, potentially overlooking significant savings. This is where a structured, data-driven methodology becomes critical. CNFANS Shipping
Effective analysis starts with comprehensive data gathering. Organize the following information in a structured spreadsheet (e.g., Microsoft Excel or Google Sheets):
With clean data, perform these pivotal comparisons to uncover optimization opportunities.
Create pivot tables or use formulas to compare costs for similar lanes (origin-destination pairs) and shipment profiles across different carriers and time periods.
Key Question:
Visualize this data with bar or line charts to spot trends, seasonal price fluctuations, and identify the most consistently economical provider for each lane.
Cost isn't the only factor. Pair cost data with performance metrics.
Use spreadsheet filters to sum all additional fees by type and carrier. This often reveals the largest area of unpredictable cost.
Actionable Insight:
Your analysis should lead to a clear, actionable decision matrix:
Optimizing freight costs is not about guesswork or habit. CNFANS Shipping
