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:6/24/2016)... Calif. , June 24, 2016  American Respiratory Labs (ARL), ... is now able to perform sophisticated lung assessments in patients, homes, ... , Inc. Patients are no longer limited to ... EasyOne PRO ® , ARL patients like Jeanne R. of ... in the comfort of her own home. ...
(Date:6/24/2016)... 2016 According to a new ... Pen Needles, Safety Pen Needles), Needle Length (4mm, 5mm, ... Mode of Purchase (Retail, Non-Retail) - Trends & Global ... the market for the forecast period of 2016 to ... Billion by 2021 from USD 1.65 Billion in 2016, ...
(Date:6/24/2016)... NAMUR , Belgium , ...  (NYSE MKT: VNRX), today announced the appointment of ... Board of Directors as a Non-Executive Director, effective ... the Company,s Audit, Compensation and Nominations and Governance ... Board, Dr. Futcher will provide independent expertise and ...
Breaking Medicine Technology:
(Date:6/25/2016)... ... June 25, 2016 , ... Conventional wisdom preaches the benefits of moderation, ... the latter, setting the bar too high can result in disappointment, perhaps even self-loathing. ... toward their goal. , Research from reveals that behind the ...
(Date:6/24/2016)... ... ... Those who have experienced traumatic events may suffer from a complex set of ... or alcohol abuse, as a coping mechanism. To avoid this pain and suffering, Serenity ... event. , Trauma sufferers tend to feel a range of emotions, from depression, guilt, ...
(Date:6/24/2016)... ... ... a crisis. Her son James, eight, was out of control. Prone to extreme mood shifts ... upset him, he couldn’t control his emotions,” remembers Marcy. “If there was a knife ... and say he was going to kill them. If we were driving on the ...
(Date:6/24/2016)... (PRWEB) , ... June 24, 2016 , ... Global law ... magazine’s 2016 Legal Elite. The attorneys chosen by their peers for this recognition are ... , Seven Greenberg Traurig Shareholders received special honors as members of this year’s Legal ...
(Date:6/24/2016)... ... June 24, 2016 , ... Comfort Keepers® of San Diego, CA is ... Road To Recovery® program to drive cancer patients to and from their cancer treatments. ... the highest quality of life and ongoing independence. Getting to and from medical ...
Breaking Medicine News(10 mins):