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    CASE STUDY

    Redwood Delivers 36% Savings on Parcel Shipping

    MARKET: INDUSTRIAL MANUFACTURING

    Redwood partnered with a leading global supplier of automated diagnostic, testing, and production solutions serving life science and specialty industrial end markets. With 19 separate businesses serving a wide range of customers around the world, the company has a global footprint of 45 locations—and high parcel shipping volumes across this footprint.

    THE CHALLENGES

    • No centralization of parcel operations and high parcel shipping costs
    • Lack of global shipping visibility
    • Need for optimization and cost reduction

    THE SOLUTION

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    Backed by its experience delivering results for over 500 customers, Redwood’s parcel mediation team stepped up to the challenge. Redwood experts aligned all of the company’s separate accounts under one parent agreement with each major carrier. Based on that new buying power, Redwood helped to negotiate better rates and create custom-tailored pricing for the company. It required a massive effort to align all the company’s accounts and worldwide locations under a single umbrella for parcel shipping.

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    THE RESULTS

    42.5% savings on accessorial spend
    36% overall savings on parcel shipping
    Greater visibility and control of shipping across 19 companies

    KEY TOOLS

    Parcel mediation

    Our corporation has steadily grown through mergers and acquisitions, leading to a situation where 19 separate companies were managing and procuring parcel shipping
    services through major carriers. Redwood helped us to centralize those activities and leverage our global buying power to achieve significant savings. Thanks to Redwood, we reduced our overall parcel spend by over one-third.

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