How to save money on Shipping
1 - Find the right Technology
Versatility, scalability and efficiency is what you should be looking for. Aim for a technology solution that can handle your pallets and parcels needs all at once.
2 - Connect your system
Interconnectedness between your technologies is the key. Your technology should have full native api capabilities and be EDI protocol friendly to empower your business.
3 - Diversify your carriers
Relying on just a few carriers to ship your products is no longer enough. Utilizing the right technology can help you quickly discover more qualified and cost-effective options.
4 - Improve Start to Finish operations
Analyze the amount of time it takes from booking to collecting payment, then measure how much your new technology reduces this cycle - striving for a net positive result.
5 - See everything
High visibility is a key factor for your business to run smoothly - make sure your technology provides insight into all your shipping, from Pallets to Parcels and more.
6 - Manage
Work with a technology provider who's dedicated to providing business analytics and KPIs that will facilitate successful management of your organization.
In conclusion, saving on shipping costs is not simply a matter of negotiating rates. It involves a holistic approach, from adopting the right technology to proactively managing carrier relationships. By always keeping efficiency and visibility in mind, every company can optimize its shipping costs and thus strengthen its competitiveness in the marketplace.