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Smart ways to lower your shipping costs

by Allison Cutler | May 1, 2014 | No Comments

BusinessOwnerShippingBusinesses all across Canada continue to digest the impact of the latest rate change from Canada Post. Canada Post introduced the new tiered-pricing structure for Lettermail to provide savings opportunities for those who mail the most.

But as the volume of shipping continues to grow, it pays to look at how you handle parcels and packages as well. The January 2014 rate change, for example, included an average increase of 3.2% in parcel-shipping rates. Yet many organizations are getting smarter about how they ship.

Your postage meter represents an opportunity to manage the Canada Post rate increases—for parcel shipping as well as Lettermail. In fact, you will save a minimum 5% on parcels when you use your postage meter to ship parcels.

But if you rely on multiple carriers for shipping, you may need new ways to gain control over all your shipping activity, especially if you lack analytics on your overall shipping profile. How many carriers are you using? What’s the volume by carrier? What are the business rules for selecting one shipper over another? Or for choosing expedited services? Are you in compliance with requirements such as HazMat and customs regulations, vendor fulfillment rules and industry regulations?

If shipments originate from different departments, your process might be highly fragmented—offering little opportunity to manage costs or eliminate inefficiencies. And you cannot anticipate when the next price increase will occur. That’s why smart shippers apply these strategies:

  • Spread the risk: Manage costs across multiple carriers
  • Get more efficient: Streamline the shipping process throughout your organization with one technology platform
  • Mine your shipping data to gain insights: Centralize collection of your transportation spend to provide visibility throughout the enterprise
  • Create and enforce business rules: Analyze when and where to allow users to select expedited or special services

You need to deploy the right tools to address these issues, so you can get the most value out of your carrier relationships—and help your organization become more cost-effective.

SendSuite LiveTM, for example, is a logistics management tool that can help businesses of all sizes, whether you have a single mail center location or multiple production facilities. This proven, web-based tool makes it easy to “smart shop” through a wide range of parcel and freight carriers’ rates and services, then choose the best delivery and cost options. You can then create “business rules” that establish when a user can and cannot select a more costly expedited service. You can also consolidate your shipping data to one central location for greater visibility into your shipping patterns. Your employees won’t be wasting time with manual processes or duplicate data entry.

Armed with data and information, you will be in a better position to negotiate with your carriers, even if you are a small volume shipper. Plus, you will be able to choose when to use Canada Post—and when another carrier might be more cost effective. Learn more at SendSuite LiveTM.

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