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Supply Chain Advisors
Key Contacts
Contract Appraisal and Design
In the ever-changing market of container shipping, it is critical to build close relationships with Logistic Service Providers (LSPs). This will help ensure your contract terms as well as being aligned to your core business strategy, are also viewed as mutually beneficially by your LSPs.
Drewry has in-house contract experts who are able to appraise commercial terms within your service level agreements, boiler plates, master agreements and individual contracts. We focus on identifying areas for improvement, adoption of best practises and, if required, full contract design.
Our approach is to provide a plan and actionable next steps for your contracts to implement in your next bid. We work with you to identify:
- Areas for improvement in your bid-related contracting processes
- Commercial contractual term changes
- Recommended industry best practices alongside a gap analysis
What our clients say about Benchmarking Club
“Drewry benchmarking [service] has provided us with the insights… to understand how we are positioned, especially important given the volatile and potentially irrational nature of the container marketplace.”
Anonymous, Global home furnishings business
“Drewry’s regular analysis and benchmarking tools help keep us informed on both our own freight rates as well as broader trends in the market. Their insights, reporting and forecasting capabilities truly support our strategic decision making.”
Peter Smith, Global Trade and Commercial Manager, Cotton-On Group
“We selected Drewry’s Benchmarking Club to benchmark our ocean rates with other retail industry leaders and to gain insight into container shipping market trends, forecasts and best practices through webinars provided to Club members by Drewry.”
Logistics Manager, Leading global electronics and home entertainment brand
“Drewry’s Benchmarking Club has made industry rate data and expertise readily accessible. We successfully leveraged their industry knowledge in our annual ocean carrier contract negotiations and continue to do so when evaluating changes to our organization’s sourcing strategies.”
Fortune 100, International US-Headquartered retail brand
“Benchmarking Club data allows us to see trends from both the market and Drewry point of view which provided strategic value on what to expect during the upcoming procurement process. The comparisons of our company’s position in transit times, rates and shipment methods are of particular value.”
Logistics Director, US FMCG Company
“Drewry has been very helpful to us in benchmarking our shipping costs and in developing strategies to improve our shipping efficiency and cost effectiveness.”
Head of Exports, Del Monte (Philippines)
“Drewry is a great resource for market insights, rate indices and guidance on overall market conditions. Our partnership with Drewry has proven advantageous to our business by helping us establish best practices, refine our contracts and benchmark among the best in the industry.”
Head of Logistics, US-based Top 50 Importer
Working with 3 of the top 10 global retailers (National Retail Federation)
Access to an exclusive ocean freight cost benchmarking club comparing costs on over 14 million teu of freight
The first to publish benchmark container spot market freight rates back in 2006.
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