Did you know that when a FedEx morning delivery letter misses the 10:30 guaranteed delivery time, that you are entitled to a 100% credit for that shipment?
All the major package delivery companies have a variety of service guarantees. To claim credits on these guarantees, you need to review the invoices to see the delivery date and time, compare that to the guarantee and then file for credits all within ten days. Do you have the time and energy to do this? I’ll bet the answer is no!
Our industry benchmarks demonstrate that 3% to 5% of deliveries are not performed to the guaranteed service level. So if your company spends $150,000 on FedEx or UPS shipments, there might be $4500 to $7500 in credits that you are missing out on. If you spend $500,000/year, then the numbers rise to $15,000 to $25,000 in possible credits.
You say, ” I don’t have time to worry about that!”
I say: there are automated ways of doing this that take absolutely no time. You just get a check in the mail every month. It’s like free money! Read about how one client http://www.bettercostcontrol.com/cs_riso_inc.html did it.
The mantra of cost reduction is to leave no stone unturned. Saving small amounts in many areas adds up to serious money.
