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Client Savings Top $12 Million At Allyn International in 2013
Allyn International saved their clients more than $12 million in 2013. Supply chain customers saved $6.9 million, tax management clients saved $4.3 million and global compliance businesses saved $1.1 million.
The Allyn logistics team used their expertise to leverage supply chains, carriers and maximize savings opportunities. Almost $3 million in savings was a result of tendering to the most economical carrier and $2 million was due to auditing carrier invoices prior to payment. Negotiating better contracts for Allyn customers resulted in $1.2 million in savings.
"Our commitment to generate savings for our clientele is part of our culture," commented Allen Trevett, CEO of Allyn. "The businesses that we work with benefit from the value that Allyn provides in savings, optimization and compliance."
The global trade compliance team saved customers more than $1 million through duty deferral programs such as duty drawback, temporary import bonds and US goods returned as well as through various free trade agreements such as the North American Free Trade Agreement and the US Australia Free Trade Agreement. In the tax department, savings of $2.4 million were achieved through audits, tax refunds, and overpayment reviews as well as $1.9 million in credit memo processing.