Case Study: a pharmaceutical and reverse logistics software company achieves nearly $500,000 in parcel savings with TransImpact

TransImpact Helps Unlock $470,000 in Parcel Savings

A pharmaceutical and reverse logistics software company was facing escalating parcel costs and was discouraged from renegotiating its outdated carrier agreements by its carrier. The company partnered with TransImpact and its Parcel Spend Intelligence platform to overcome this challenge and gain visibility into its spending.

TransImpact provided expert parcel contract negotiation to counter carrier resistance, securing a new agreement that achieved a 28% cost reduction with FedEx. Their analysis also uncovered $250,000 in invalid chargebacks and recovered $220,000 in late fee charges, resulting in nearly $500,000 in total identified savings and a transformed approach to parcel management.