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3 articles tagged benchmarking from the CheckMyFreightBill freight audit desk.
The freight billing error percentage of spend is usually quoted as 2 to 5 percent. Nobody has verified it. Here is where it comes from and what it converts to at your spend.
Tracking freight recovery savings only counts when each dollar ties to a credit memo, refund or short pay. Here is the ledger structure that survives audit.
There is no trustworthy freight invoice error rate benchmark to borrow. Here is how to measure your own: the definitions, the formula, the sample size.