Carrier Contract Negotiation logo

Carrier Contract Negotiation

by ShipSigma · Since N/A
No reviews yet
Active1+ countriesCloud
Quick facts
VendorShipSigma
Year launchedN/A
StatusActive
Location350 Veterans Way, Suite 250 Carmel, IN 46032
Countries served1+
Languages1
IntegrationsN/A
Free tierN/A
Free trialN/A
Contact salesYES

About Carrier Contract Negotiation

Carrier Contract Negotiation is a negotiation software from ShipSigma that focuses on improving shipping agreements. It combines contract negotiation tools, savings evaluation, and audit support so businesses can reduce shipping fees and increase profitability. The platform allows users to understand potential savings before entering negotiations, ensuring informed decision-making. Additionally, it includes features such as an in-depth company overview, evidence of why to choose ShipSigma, insights from the Parcel Playbook, and parcel invoice auditing services to identify discrepancies in billing. Key capabilities: contract negotiation tools savings evaluation audit support parcel invoice auditing industry insights Best for: businesses that need to negotiate favorable shipping contracts.

Carrier Contract Negotiation by ShipSigma is a specialized contract management software that focuses on optimizing shipping contracts between businesses and their logistics providers. Its core function lies in analyzing shipping data and empowering organizations to negotiate better carrier agreements with major shipping companies like UPS and FedEx. By leveraging data science and proprietary benchmarking, the software enables users to identify cost-saving opportunities and inefficiencies hidden in complex shipping contracts. ShipSigma’s platform uses real-time data to provide predictive pricing models, ensuring companies don’t overpay for transportation services. This makes the software particularly valuable for enterprises with significant shipping volumes, where small improvements in rates can translate into substantial savings. The user interface is designed with a focus on clarity and function. From the moment users log in, they are greeted with an intuitive dashboard that lays out performance metrics, carrier cost comparisons, and potential negotiation leverage points. The layout is modern and data-centric, making excellent use of visualizations like charts and heat maps to convey key insights at a glance.

Pros & Cons

Pros
  • Time-Efficient Process: Clients report minimal time investment to achieve significant savings.
  • Data-Driven Negotiation: They use your historical shipping data and proprietary technology to uncover savings opportunities.
  • Expertise in Carrier Contracts: Their team includes former employees of major carriers like UPS and FedEx, providing insider knowledge.
  • Continuous Monitoring & Support: They offer ongoing invoice auditing and support to ensure continued savings.
  • Transparency & Education: They aim to make the complexities of carrier contracts easier to understand.
  • Comprehensive Service: They handle contract analysis, negotiation, and compliance.
Cons
  • Cost of Service Not Explicitly Mentioned: The website doesn't detail their pricing structure.
  • Reliance on Historical Data: Their analysis depends on the availability and accuracy of your past shipping data.
  • Potential for Limited Control: Clients may have less direct involvement in the negotiation process as they rely on ShipSigma's expertise.
  • No Specific Software Platform Highlighted for Clients: While they mention technology and dashboards, the extent of direct client access to a software platform isn't clear.

Features

Key features

Carrier Contract Negotiation

Helps businesses secure better shipping rates with their existing carriers.

Proprietary Technology & Data Analysis

Utilizes advanced technology to analyze historical shipping data and identify savings opportunities.

Shipping Savings Guarantee

Promises tangible cost reductions without changing carriers or service levels.

Parcel Invoice Auditing

Monitors shipping invoices to identify and recover overcharges.

Continuous Savings Identification

Regularly finds new ways to optimize shipping costs.

Customized Reporting & Dashboards

Provides tailored insights and visibility into shipping data.

Expert Support & Quarterly Reviews

Offers ongoing partnership and regular reviews to ensure continuous improvement.

Cost Modeling & Rate Simulation

Predicts potential savings and allows for scenario planning before negotiations.

Contract Engineering

Develops customized carrier network strategies for optimal savings.

Contract Compliance Verification

Ensures carriers adhere to the agreed-upon terms and discounts.

Transparency in Carrier Negotiations

Aims to demystify the often complex world of shipping contracts.

Actionable Insights & Analytics

Provides clear and objective information to guide negotiation strategies.

Additional features

Carrier Contract Negotiation

Assists in negotiating more favorable terms with parcel and freight carriers.

Proprietary Technology

Employs industry-leading, in-house developed technology for analysis.

Historical Shipping Data Analysis

Analyzes past shipping records to uncover cost-saving opportunities.

Shipping Savings Guarantee

Offers a guarantee of savings upon utilizing their services.

Parcel Invoice Audit

Monitors weekly invoices to identify discrepancies and potential refunds (e.g., shipping air when ground was sufficient).

Continuous Monitoring

Regularly audits invoices and looks for ongoing savings opportunities.

Customized Dashboards

Sets up dashboards tailored to specific client needs for better visibility.

Quarterly Reporting & Reviews

Conducts regular meetings to review savings, identify new opportunities, and discuss reporting.

Cost Modeling

Utilizes software to model shipping costs and predict potential savings down to the cent.

Rate Simulation

Allows clients to simulate different rate scenarios to understand the impact of potential changes.

Contract Engineering

Develops customized carrier network strategies to maximize savings and strengthen carrier relationships.

White Glove Service

Provides a high level of personalized and attentive service during contract execution.

Contract Compliance Verification

Ensures that the implemented contract terms are being followed by the carriers.

Discount & Tier Management

Verifies the correct application of agreed-upon discounts and tier structures.

Surcharge Mitigation

Helps identify and potentially reduce unnecessary surcharges.

Parcel Savings Analytics

Provides detailed analysis of parcel shipping costs and identifies areas for savings.

Transparency in Carrier Contract Negotiations

Aims to make the process more understandable for businesses.

Educational Resources

Offers guides and information on topics like what a carrier contract is, the difference between parcel and freight, and negotiation strategies.

Insights & Analytics

Provides data-driven insights to inform negotiation decisions.

Focus on Both Parcel and Freight

Offers services for both small package and larger freight shipments.

Carrier-Agnostic Approach

Works with a variety of carriers, including UPS and FedEx, without bias.

Focus on Client's Bottom Line (EBITDA)

Aims to deliver measurable improvements to the client's profitability.

Reduced Negotiation Time

Streamlines the negotiation process for faster results (e.g., significant improvements within 30-45 days).

Unbiased & Actionable Information

Provides objective data and recommendations based on invoice analysis.

Free Initial Analysis

Offers a no-cost assessment to identify potential savings before committing to their services.

Guidance on Negotiating with UPS and FedEx

Provides specific insights into negotiating with the two major parcel carriers.

Expertise from Former UPS and FedEx Staff

Their team includes individuals with firsthand knowledge of carrier pricing and operations.

Pricing

Free trial
Free version
Request a quote
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Countries & Languages

1
Countries served
1
Interface languages
12
Billing currencies

Available in

All Countries.

Interface languages

English

Billing currencies

🇺🇸USD🇪🇺EUR🇬🇧GBP🇦🇺AUD🇨🇦CAD🇯🇵JPY🇨🇭CHF🇨🇳CNY🇮🇳INR🇲🇽MXN🇸🇬SGD🇿🇦ZAR

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