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Logistic Intelligence
Managing Parcel Shipping Costs, Turning Raw invoices into cost savings data
In this project, we streamlined the management of parcel shipping expenses for our client by converting raw FedEx and UPS invoices into relational database tables and creating interactive Power BI dashboards. This allowed our client to gain visibility into key cost drivers, analyse carrier performance metrics, and optimise their shipping strategy using actionable insights, ultimately leading to significant cost savings and improved ROI.
Date
April 16, 2024
Topic
Logistic Intelligence

Navigating the Rising Challenge of Parcel Shipping Expenses

As organisations grow, managing escalating shipping costs becomes a paramount challenge. Our case study delves into how we transformed complex shipping data into strategic assets. By converting raw shipping data into a dynamic relational database, we enabled enhanced visibility and control over shipping expenditures.

Strategic Objectives and Vision

Our project aimed to transform shipping data into actionable intelligence and empower decision-makers with robust analytical tools to optimise shipping costs effectively.

Crafting an Intelligent Solution

We embarked on this transformation by meticulously organising shipping data into a structured database, which served as the foundation for our analytical endeavours. We then leveraged this database to create tailored Power BI dashboards that provided comprehensive insights into:
- Parcel Spend Analysis: Detailed breakdowns by carrier and service type, identifying major cost drivers.
- Carrier Performance Metrics: Assessments of delivery efficiency and service quality.
- Shipping Cost Trends: Analysis of cost variations over time to pinpoint savings opportunities.

Achieving Measurable Impact

The insights garnered from the Power BI dashboards equipped our client with the necessary tools to make informed decisions, optimise their shipping strategies, and achieve significant financial savings.

Empowering Future Growth

By transforming complex data into clear, actionable insights, we have not only enhanced our client’s operational efficiencies but also positioned them to thrive in an evolving market landscape. With these tools, they are now well-equipped to refine their shipping operations and respond adeptly to future challenges.