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Law Firm Saves $3M+ Per Year by Optimizing Parcel Carrier Sourcing Strategy

Professional Services: Strategic Sourcing

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42.3%

Cost Reduction

$3M+

Annual Savings

42.3%

Cost Reduction

$3M+

Annual Savings

42.3%

Cost Reduction

The Challenge

A law firm with a longstanding FedEx agreement sought to reduce shipping costs and improve contract terms. With $7.1M in annual spend, they turned to Intelligent Audit for strategic optimization.

["Had been operating under an outdated, non-expiring FedEx agreement for seven years.", "Lacked visibility into cost-saving opportunities within their existing contract.", "Partnered with IA to renegotiate terms and secure hard-dollar savings."]

The Solution

Intelligent Audit identified that a formal RFP process would offer the best opportunity for the law firm to achieve substantial savings. IA then led the effort to optimize the firm's carrier agreement with FedEx.

["Conducted a comprehensive baseline analysis and developed a negotiation strategy.", "Created an RFP document, carrier datasets, and a communication plan to guide the process.", "Created an RFP document, carrier datasets, and a communication plan to guide the process."]

The Impact

Intelligent Audit’s strategic intervention resulted in significant cost reductions and a more favorable shipping agreement for the law firm.

["Achieved a 42.3% cost reduction, saving over $3M annually.", "Secured key contract improvements, including Money Back Guarantee rights and new rate caps.", "Negotiated extended payment terms and established clearer carrier escalation contacts for smoother operations."]

Strategic Sourcing

Optimize your shipping network with Intelligent Audit’s Strategic Sourcing solutions. From analysis to execution, we help you identify and secure carrier agreements that align with your goals.

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Smarter Strategy, Stronger Savings

Through Intelligent Audit’s strategic guidance, the law firm achieved impressive cost reductions and a more efficient shipping process. By conducting a thorough RFP and renegotiating the contract with FedEx, IA delivered over $3M in annual savings. The new agreement included key enhancements, such as improved guarantee rights, rate caps, extended payment terms, and clearer escalation protocols—positioning the firm for continued savings and operational efficiency moving forward.

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