Home » End-to-End Solution Cuts Costs, Adds Global Supply Chain Efficiencies
End-to-End Solution Cuts Costs, Adds Global Supply Chain Efficiencies
May 1, 2012
Solution: MIQ Logistics leveraged our global network, facilities and in-country expertise resulting in process improvements, lower costs and improved efficiencies:Renegotiated freight terms to ex-works (EXW) - giving greater control and visibility to shipments and reducing the duties on imports; Established a consistent "milk-run" vendor pick-up schedule - lowering inland transportation costs and improved production planning; Moved kitting activities from the U.S. to China free trade zone - permitting vendor consolidation from China, Taiwan and Korea.
Results: Within 12 months, the customer cut transportation, customs and kitting costs: 38% cost/kilogram reduction in consolidated international shipments; 16% cost/kilogram reduction in consolidated U.S. shipments; $65,000 in annual savings from proper customs classifications; 5-10% reduction in kitting costs.
About the Solution Provider: MIQ Logistics is a global logistics company headquartered in Overland Park, Kan., and with offices in North America, Asia, Europe and Latin America. MIQ Logistics enables companies to improve their transportation network and overall supply chain efficiency by offering flexible logistics solutions supported by Web-native technology and global logistics management capabilities.
