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Showing posts with the label parcel spend management

Important Strategies for Parcel Spend Management

In the era of growing technological advancements, the landscape of parcel spend management has undergone astonishing transformations. The concurrency of global trade, e-commerce, and innovative logistics solutions has given rise to a complex web of small parcel carriers, each contending for a share of the parcel shipping market.    Effective  parcel spend management  is no longer an option but a critical requirement for businesses of all sizes. Providing timely delivery while controlling costs is essential to remain profitable in today’s dynamic market. Companies that fail to implement efficient and cost-effective ways of managing parcel spend will undoubtedly fall behind.   Advanced data analytics, rapid software solutions, and real-time tracking capabilities have allowed businesses to gain critical insights into their shipping expenses, the performance of their carriers, and what their customers want. The information is easy to understand and helps companies m...

Capture Big Savings On Parcel Spend Management 

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This is the golden era for the e-commerce industry and fast and free shipping as both customer expectations and demand are growing exponentially. However, many businesses are facing difficulty dealing with parcel shipping. Carriers across the globe are running at full capacity, and shipping costs are unparalleled. That’s why it's crucial for businesses to find parcel spend management to optimize their parcel spend.   What Is Parcel Spend Management?   Parcel spend refers to the transportation cost associated with parcel carriers. That includes parcel weight, distance, and service level. Parcel spend management is using technology to analyze your parcel data and manage your parcel spend costs.   There are also several additional fees squeezed into your parcel contract that could affect your shipment invoice unexpectedly.   When it comes to parcel contract management , the goal is to select the most cost-effective and optimized carriers so that you won't leave money o...