Case study: Audit and mode optimization save freight costs and time

AFS SERVICES:

HIGHLIGHTS

200

Parts in every automobile

33

Audit & payment hours saved per week

ABOUT THE CUSTOMER

If you drive a car, you’re utilizing one of the 200 Feintool fineblanked parts in an automobile. Feintool founder Fritz Bosch began his career as a toolmaker which eventually led him to recognize the need for precision components in the automative industry. Feintool’s fine blanking machinery produces detail in auto parts all the way from millimeter to microns. They are also known for their expertise in fabricating press systems, tools and many other parts and services.

“AFS ensures Feintool is given the most competitive rates without sacrificing the quality of delivery. This assists Feintool in keeping costs down in a very competitive automotive market. AFS’ approach is to treat our relationship as a partnership.”

 

Purchasing Manager, Feintool

CHALLENGES

When Feintool began its transition from solely manufacturing tools to becoming a tier 1 automotive supplier, the resources necessary to manage the added logistics operations were insurmountable. Having to spend the better part of their day scheduling and tracking shipments was proving to be an inefficient use of employee time. The seemingly endless logistics paperwork associated with moving all of the newly manufactured automotive parts was taking away from Feintool’s need to focus on their core business.

SOLUTIONS

In partnering with AFS, Feintool found a “one-stop shop” with expansive resources and expertise to optimize their transportation process. For example, the AFS Advantage truckload team and its tools managed daily order volume, finding and merging LTLs into a single TL pickup.

RESULTS

The daily pickup not only saved Feintool on their bottom line, but it also reduced the number of man hours needed to manage the hassle of shipment scheduling and perpetual invoicing. And, as Feintool grew into a new business segment, AFS’ freight audit and payments solutions saved their team time from performing invoice reviews and submitting carrier payments.

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Cowen/AFS Freight Index

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