Curriculum
- 5 Sections
- 24 Lessons
- 1 Day
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- Freight Cost Structure & Contracting Models5
- 1.1Concepts: Component-wise cost breakdown for air/sea/road/rail
- 1.2Buzzwords: Line Haul, Fuel Surcharge, THC, CAF, BAF, FSC, Accessorial Charges
- 1.3Types of Contracts: Fixed vs Floating Rate, Slab-based Pricing, Min Billable Weight
- 1.4Case Study: Manufacturing firm overpaid due to unnoticed slab jumps in ocean freight contract
- 1.5Toolkit: Cost component sheet for 3 modes + contract rate card review checklist
- Freight Cost Benchmarking Framework6
- 2.1Market-based
- 2.2Historical trend-based
- 2.3Peer benchmarking (3PL data, lane cost audits)
- 2.4Keywords: Lane Benchmarking, Lead Time vs Rate Curve, Freight Spend Index
- 2.5Real-life Insight: Electronics major renegotiated India–Middle East lane by 18% after benchmarking
- 2.6Exercise: Analyze benchmark vs actual cost across 5 sample lanes
- Freight Audit Process – Internal vs 3rd Party4
- 3.1Scope: Invoice audit, duplicate billing detection, SLA-linked payments, error reconciliation
- 3.2Keywords: Pre-Audit, Post-Audit, 3-Way Match (PO–Invoice–Shipment), Audit Exceptions
- 3.3Case Study: Chemical firm recovered ₹4.8 Cr in duplicate invoices over 2 years
- 3.4Checklist: Audit flow – from invoice receipt to vendor reconciliation and closure
- Freight Data Analytics & Reporting5
- 4.1Concepts: Spend cube creation, rate deviation tracking, audit dashboards
- 4.2Keywords: Lane-wise Cost KPIs, Freight-to-Sales Ratio, Volume-based Rate Dilution
- 4.3Real-life Insight: Textile firm added dashboard-led freight review into monthly SCM meetings
- 4.4Freight Audit Dashboard Template
- 4.5Error Flag Tracker (Accessorial mismatch, overbilling, duplicate load entries)
- Negotiation Levers from Audit Insights4
- 5.1Concepts: Tonnage leverage, seasonality, carrier utilization, backhaul rate discovery
- 5.2Keywords: Spot Market Intelligence, Fuel Pass-through Logic, Contract Renewal Triggers
- 5.3Case Study: Retail chain used freight audit analytics to secure rate protection clause from 3PL
- 5.4Simulation: Prepare audit-driven negotiation case with freight partner – role-play
Case Study: Retail chain used freight audit analytics to secure rate protection clause from 3PL
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