In most cases a reduction of 10 to 30% in your export, import and world-wide cross-trade shipping costs. The health check will give you the information you need to maintain a much tighter control over shipping expenditure, it will tell you if you are receiving value for money from your existing service provider and your own responsible staff, and it will ultimately give you the confidence that your shipping activities will withstand the closest scrutiny from your auditors and shareholders.
To carry out a Freight Health Check™, we need to see records of your export and import consignments. In particular: all invoices from your service provider(s) going back at least 3 months, preferably a year which cover the full range of your shipping activities; Sales ledger statements from your service provider covering the period under examination. This is to ensure that no invoices have been omitted from the health check, intentionally or otherwise, by your staff to evade scrutiny; any contracts or rate schedules agreed with the service provider. We will then check this information and contact you within 14 days to arrange a follow up meeting, at which we will discuss our findings and possible course of action.
We work on a No Win No Fee basis. Typically this is 25% of your first year's freight cost reduction payable quarterly during the first year after the savings have been made.
Wright Kerr Tyson is completely independent and has no connection to any service provider(s). It would not be possible to undertake an impartial, objective review of a situation if our judgment was in any way biased towards certain parties.
Our client base consists of a broad range of larger corporate entities where the Directors are reliant on salaried staff to operate a cost efficient and effective shipping or logistics function. These are often global brand owning multinationals based outside the UK who are seeking assurances that the UK or European subsidiary is performing the shipping, distribution and logistics function cost effectively.
We examine and check freight rates and services by any mode of transport to and from any point throughout the world. This includes distribution centre handling, processing and delivery charges for operations physically located in the UK or Europe. Our coverage extends to all manufactured products ranging in size from carton size shipments up to major engineering project cargo. We regret we cannot help with livestock, bloodstock, and perishables.
You are the Director who is ultimately responsible for effective cost control and the initiative to carry out a health check of the shipping costs will require your agreement. Our service is exclusively for Board members.
Your Shipping Manager* or the responsible person within your organisation has many responsibilities, one of which will be shipping rates negotiation. This is an extremely time consuming and complex activity. It is unlikely that anyone else within the Company has the knowledge or experience to critically check such intricate dealings. In some cases this factor leaves the Company exposed to fraud that is very difficult to detect by normal accountancy practices.
Absolutely. We report only to select senior management.
Most board members and senior managers welcome the assistance we provide in helping to reduce their shipping budget and improve profitability. They are usually the first to admit that, due to so many other day to day demands, they are not able to devote as much time as they would like to monitoring shipping operation and rates. Our services will only be seen as a threat by the staff handling the day to day shipping where there is a real problem and the sooner that is brought to light the better. This is why it is essential that a discreet Freight Health Check™ be carried out without involving your staff. If necessary, we can examine the invoices and files out of hours, at weekends or in your private office to preserve confidentiality.
Unfortunately, some unscrupulous freight forwarders see the area of foreign Customs duties and taxes as a profit opportunity and may intentionally mis-declare your products to the Customs authorities in order to qualify for a lower rate of duty, while charging you the full, correct rate. This practice is illegal and major problems can result for your company and your brand in that market when the local authorities discover the fraud and decide to blacklist you and your products. Wright Kerr Tyson will put in place the necessary checks to ensure your freight forwarder and their foreign agent pay only the correct Customs duty rate so that you, your brand and your local distributor are protected from any wrongdoing by those whom the authorities see as acting under your instruction.
We have a great deal of experience in this field; in fact some of our most successful cases have been major projects, in brief we examine all aspects, from packing through to final delivery, to ensure you are getting the best overall deal.
The shipping industry is continually evolving so what was cost-effective a month ago may have already lost its competitive edge today. To stay in control of your costs regular monitoring is necessary. As we control your shipping function going forward we will monitor costs and efficiency on a weekly basis.
A Wright Kerr Tyson Freight Health Check™ provides you with the latest information about quality services available at the most competitive rates. This is particularly useful when you are reviewing tender invitation lists. We can, if required, organise and oversee the complete tendering process to ensure you receive the best possible service and rates available on the market.
Yes of course. Just give us a call and we will be pleased to give you any support you need, ranging from guidance on day to day problems as they arise right through to complete project management. We can even provide interim management and staffing to help you through those holidays and unexpected periods of staff absence.
You can now see how your business might benefit from Wright Kerr Tyson's services. All you need to do to initiate this confidential service is email Richard Pearson at richard@wktgroup.com or call him direct on +44 (0)7881 952696.
*For expediency we have used the title ‘Shipping Manager’ to describe the employee responsible for the freight and logistics function within your organisation. In practice this function may be covered by an individual or department with varied titles, including procurement, purchasing and despatch to name but a few. That individual or department will be responsible for the negotiation and purchasing of freight, transport and logistics related services on behalf of your Company.
