The Spend Overview helps you understand how much your freight prices can improve in terms of dollar value. Xeneta refers to this as the Saving Potential — the theoretical savings that can be achieved if the prices you paid for freight matched the price paid by different segments of the market.
Your Spend Overview can be filtered and grouped within the following categories:
You can select these categories using the tab navigation at the top of the Spend Overview.
Like the My Prices page, selecting a category from the Spend Overview will group your prices based on your selection.
Clicking on a row in the Spend Overview page will take you to the All Spend tab, which will use your selected row as a filter for your spend.
The All Spend tab shows your port-to-port spend and your savings potential — along with other details like your supplier for the trade lane and the container type that was used.
Clicking on a row on the All Spend tab will open up a dialog that provides additional details about your port-to-port freight rate. The bottom of the dialog contains the Open Trade Lane Graph button, which will take you to the Benchmarks graph for the selected trade lane with all associated filters pre-set.
Next, let’s look at how Xeneta visualizes your rates and the market’s rates.Graphs