Navigation Links
Insource Saves Clients Over $1 Billion on Parcel Shipping

HILLIARD, Ohio, Aug. 18, 2011 /PRNewswire/ -- Insource Spend Management Group, a leading provider of third party rate negotiation services, announced it has hit a milestone of exceeding $1 billion in parcel savings for its clients.  Many Fortune 500 clients have individually saved tens of millions by using Insource's key combination of software, analytics and expert negotiation. Shippers across a wide range of industries have benefitted from Insource's services, including retail, wholesale, pharmaceutical, manufacturing and private equity firms.    

With the downturn in the economy, many companies looked deeper within their organizations for ways to save money and recognized an opportunity to save substantial amounts on parcel shipping rates. This led to four consecutive years of record client engagements for Insource, allowing the company to achieve this milestone much sooner than expected.  "We have always targeted the billion dollar savings mark, and as recently as 2008 it looked like we would hit it in 2014," said Insource's President, Brett Febus.  

The math behind the accelerated demand for Insource's parcel contract negotiation services makes sense.  Each year, more than $100 billion is spent on parcel shipments. A recent study by global financial advisor, Morgan Stanley(1) found that companies who use a third-party negotiator like Insource get a 49% better discount than when they negotiate on their own.  The same survey showed that the number one management challenge facing parcel operations was managing costs.  

"The biggest hurdle in contract negotiation with parcel carriers is lack of transparency – unless you've negotiated hundreds of these types of contracts it's impossible to know whether you're getting the best pricing and agreement terms," said Febus. "Parcel carrier contracts are incredibly complex – and that's the expertise that we bring to the table. We've literally analyzed and negotiated hundreds of these contracts and are proud we've been able to save our clients over $1 billion in the process."

About Insource

Insource Spend Management Group is a leading spend management provider that offers expertise in identifying savings opportunities in transportation, technology and telecom pricing agreements. The company has successfully renegotiated hundreds of pricing agreements by identifying additional savings opportunities, advising on how to make the smartest spending decisions and renegotiating optimal pricing agreements.  

Since 1999, Insource has saved its clients more than $1 billion by renegotiating carrier pricing contracts for hundreds of companies, including dozens of the Fortune 500.  For more information, visit or contact Insource at (800) 397-6880.

(1) – For a complimentary copy of the referenced Morgan Stanley "Parcel Trends Best Practices" report, please email

Contact: Ellen Teng, Insource, 800-397-6880

SOURCE Insource Spend Management Group
Copyright©2010 PR Newswire.
All rights reserved

Related medicine technology :

1. NY Top Drugstore Lobbyist Admits Mail-Service Pharmacy Saves Money... But Pushes Gov. Cuomo to Sign a Bill to Stop Employers From Using it
2. Millennium Surgicals Smart Instrument Purchasing Saves OR Personnel Time, Money
3. Annual CT Lung Screening Saves Lives
4. Electronic Recordkeeping Boosts Patient Safety, Saves DMC More Than $5 Million - For Second Straight Year
5. Global Messaging Network Saves Companies Overhead Costs by Outsourcing Call Processing
6. EvoLucia(TM) LED Lighting Saves Energy, Increases Security at Sarasota Hospital
7. FREE Drug Discount Card Saves Money on Prescriptions and Raises Funds for Americas Disabled Veterans
8. AETs Telemedicine Solution Provides Real-Time Echocardiogram Consult, Saves Costly Transport of Newborn Infant
9. Chris Jensen Medical Center Saves Estimated $600,000 in First Year of Safe Patient Handling
10. New Localized Cancer Treatment for Advanced Retinoblastoma Saves Children From Having Eyes Removed, Restores Vision in Some Cases
11. SuccessEHS Clients Experience 11 Percent Increase in Visits
Post Your Comments:
(Date:11/26/2015)... DUBLIN , Nov. 26, 2015 Research and ... "Asia Pacific Cardiac Pacemaker Market Outlook to 2019 - ... Drive the Demand " report to their offering. ... --> Boston scientific and others. ... global players including Medtronic, Biotronik, Boston ...
(Date:11/26/2015)... November 26, 2015 ... the "2016 Future Horizons and Growth ... Testing Market: Supplier Shares, Country Segment Forecasts, ... their offering. --> ) ... "2016 Future Horizons and Growth Strategies in ...
(Date:11/26/2015)... 26, 2015 ) ... Administration of High Viscosity Drugs" report to ... announced the addition of the "Self Administration ... offering. --> Research and Markets ( ... "Self Administration of High Viscosity Drugs" ...
Breaking Medicine Technology:
(Date:11/25/2015)... ... 25, 2015 , ... TyloHelo Inc , North America’s ... Sauna accessories help improve the bather experience in the sauna, and the accessories ... the purist looking for simplicity in design to accessories that encourage a greater ...
(Date:11/25/2015)... ... 2015 , ... According to an article published November 10th by ... heralded as a breakthrough for performing hernia repairs. The article explains that the biggest ... that it can greatly reduce the pain that a patient might otherwise experience after ...
(Date:11/25/2015)... ... November 25, 2015 , ... The McHenry County law firm ... appellate decision obtained by Attorneys Francisco J. Botto and Alex C. Wimmer. Attorneys Botto ... Compensation Comm’n, 2015 IL App (2d) 130884WC. , According to court documents, Adcock testified ...
(Date:11/25/2015)... ... November 25, 2015 , ... Brillianteen, McGaw YMCA’s student-produced musical ... its 65th Anniversary Brillianteen Revue, scheduled for March 4-6, 2016. Auditions for this ... Brillianteen has been a treasured tradition for numerous families in the Evanston community. ...
(Date:11/25/2015)... Spring, Md (PRWEB) , ... November 25, 2015 ... ... Pulmonary Hypertension Association (PHA) announces the nation’s Periwinkle Pioneers, individuals and groups responsible ... history of this disease. The Periwinkle Pioneers, nominated by the public, will receive ...
Breaking Medicine News(10 mins):