Contact Information: Media Contact: Beth Enslow Aberdeen Harte-Hanks 519-883-1430 Beth.enslow@aberdeen.com
90% of Companies Seeking to Take Advantage of Market Conditions to Lower Transportation Costs
Study of 380 Companies Finds That Companies Reducing Freight Rates Are Taking Markedly Different Actions
| Source: Aberdeen Group, a Harte-Hanks Company
BOSTON, MA -- (MARKET WIRE) -- March 6, 2007 -- Companies believe they can save an average of
8.8% on their overall freight budget with a more sophisticated procurement
or payment/audit system, and this is backed up by Best-in-Class results.
These are the findings of a study of 380 companies conducted by Aberdeen, a
Harte-Hanks Company (NYSE : HHS ). For an enterprise with $50 million in
freight spend, this equates to $4.4 million in potential savings.
In 2007, with freight rates softening for some transportation modes after
years of hefty increases, the majority of companies believe it's a great
time to review their transportation procurement and freight audit & payment
practices and technology. In fact, 90% of companies have recently enhanced
or seek to improve these processes in 2007.
Companies pursuing improvement should take note of the report findings on
today's best practices. "While the vast majority of companies have seen
their transportation rates rise since 2004, a Best-in-Class segment has
been able to negotiate lower rates," says Beth Enslow, SVP Enterprise
Research and report author. "Our study results show these companies use a
centralized procurement process, encourage more innovation in carrier bid
responses, and use real applications rather than spreadsheets to manage the
process."
This research report is underwritten in part by CombineNet, ControlPay,
Data2Logistics, PowerTrack, and Precision Software. To download a
complimentary copy of "Winning Strategies for Transportation Procurement &
Payment" for a limited time please visit:
http://www.aberdeen.com/link/sponsor.asp?cid=3913
About Aberdeen Group, a Harte-Hanks Company
Aberdeen is a leading provider of fact-based research and market
intelligence that delivers demonstrable results. Having benchmarked more
than 30,000 companies in the past two years, Aberdeen is uniquely
positioned to educate users to action: driving market awareness, creating
demand, enabling sales, and delivering meaningful return-on-investment
analysis. As the trusted advisor to the global technology markets,
corporations turn to Aberdeen™ for insights that drive decisions.
As a Harte-Hanks Company, Aberdeen plays a key role of putting content in
context for the global direct and targeted marketing company. Aberdeen's
analytical and independent view of the "customer optimization" process of
Harte-Hanks (Information - Opportunity - Insight - Engagement -
Interaction) extends the client value and accentuates the strategic role
Harte-Hanks brings to the market. For additional information, visit
Aberdeen http://www.aberdeen.com or call (617) 723-7890, or to learn more
about Harte-Hanks, call (800) 456-9748 or go to http://www.harte-hanks.com.