Also listed in: Transportation
Many companies remain unaware of just how much their inbound freight costs them because these charges are “buried” in the prices they pay for the goods. “Collect” payment terms allow companies to pay for their own inbound transportation costs rather than their vendors. This not only gives a company greater control over their network—often resulting in greater visibility, tracking, and monitoring—but is frequently more cost-effective as well. For details, download this free whitepaper.