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Friday, May 24, 2019

Maritime Logistics Professional

March 11, 2019

Drewry Benchmarking Club Reaches Milestone

Pic: Drewry’s Benchmarking Club

Pic: Drewry’s Benchmarking Club

Drewry  has welcome one of the world’s leading automotive and energy companies to its exclusive, online ocean freight cost comparison service, Benchmarking Club.

With this latest addition, Drewry Benchmarking Club now counts more than 10% of its members in the S&P 100 and Nasdaq 100.

Launched in 2014, Drewry Benchmarking Club is a closed user group designed exclusively for shippers and is one of a number of ocean freight procurement support services from Drewry’s logistics consultancy arm, Drewry Supply Chain Advisors.

These services give logistics and procurement teams within global manufacturers and retailers the visibility they need to secure the best possible ocean freight rate and contract terms or validate their procurement strategies.

“Increasingly multi-national companies are struggling to understand and respond effectively to ocean freight rate volatility,” commented Philip Damas, director of Drewry Supply Chain Advisors.

 “They choose Benchmarking Club not only to improve their understanding of prevailing rates but also to benefit from the comprehensive support we provide to members, such as access to market-leading forecasts, procurement best practices, and advice with internal stakeholder engagement,” Philip added.