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Are New Audit Fees Costing you $1 per package?

By Guy Manias
May 01, 2019 Category: General

June 4th, 2018 UPS introduced a new fee that many companies are not even aware of, and it can be costing you a $1 per package. The Fee is called the Shipping Charge Correction Fee. UPS has obviously uncovered a new revenue stream, and one they do not tie to the package level. So how here is a breakdown on the charge and how to avoid it. What isthe Shipping Charge Correction Audit Fee Assessed? In UPS own words: Effective June 4, 2018, the fee for Over Maximum Limits and the Oversize Pallet Handling Surcharge will increase by $150 and a new Shipping Charge Correction Audit Fee will be added. The Audit Fee will be assessed if the average shipping charge correction in an invoice week is more than $5.00. The Audit Fee will be the greater of $1.00 per package subject to a shipping charge correction or 6% of the total amount of shipping charge corrections during the applicable invoicing period... Source:https://www.ups.com/pr/en/shipping/rates-update.page? This means any time that a few

Hodell-Natco Case Study

By Guy Manias
March 04, 2019 Category: Savings, Vendors, Case Study, Parcel, UPS

At first, I was blown away by the data and excited, then I started getting disgusted at seeing the things we were doing to that were costing us money Now that we see the data so easily, we have an advantage and an opportunity. We identified a way to use the data that can save us over $60,000 in supplier costs. Dan R. Purchasing Director Hodell-Natco Industries is a full-service wholesale distributor of fasteners and chain. Stocking over 40,000 industrial fastener and chain items, they provide customers with expertise in sourcing hard-to-find items. Hodell-Natco spends over $650K annually on parcel, 82.6% ground with 12.8% Next Day shipments. Two-thirds of the spend is on inbound or third-party shipments, as a large amount of the outbound shipping is shipped collect. In 2018, Hodell-Natco was gathering data into Parcel BI to negotiate a new contract. Parcel BIs Contract Edge helped highlight some important contract negation points between both UPS and FedEx. One thing that was exposed

DIM Corrections Exposed!

By Guy Manias
February 13, 2019 Category: Parcel, DIM, Cost Reductions, Corrections

Does This Sound Familiar? We had anew user who was not really managing spend.They are a fast growing company, and they are focusing on other issues besides parcel. New Customers, New Reps, New e-Commerce Engine, Operations.... Good problems for a growing company. But what they had no idea of, was how parcel costs could be eroding all of their hard work and margin. The leaders wear many hats, and the head of e-commerce agreed that parcel spend was worth a look and signed up for Parcel BI. Company policy was to provide free ground shipping and bill for expedited shipping (Anything above ground). Theirobjectives arejust like 99% of all shippers: Keep costs, especially ground shipping costs as low as possible Make sure expedited shipping costsare accurately capturedsocustomers are billed correctly What is the DIM (Dimensional Weight) Effect? Once they took a look at their data in Parcel BI, eyes were opened. What Parcel BI instantly exposed was a Dimensional Weight or DIMissue. The

Parcel BI stands out at Parcel Forum 2018

By Giles Manias
October 19, 2018 Category: Parcel BI, Parcel Forum

Vizion (Parcel BI) exhibited at the Parcel Forum 2018 in Chicago this September and the results have confirmed what we knew: Parcel BI provides game changing Analytics. As the only true analytics first company at the show, Parcel BI resonated with the attendees looking to manage their own spend and go beyond the carrier invoices. The stream of companies were seeing the new navigation and tools offered in Parcel BI and saying that the analytics were unlike anything they were seeing in the industry. This is what we have been looking for! was said by a logistics manager at a major parts distribution company. Shippers and consultants alike were blown away by the power of contract edge and how they could use the tool to their advantage in a negotiation. Empowering them with instant access to the data needed to understand the impact of every key incentive and discount based on their own historical services and volumes. Leveraging the lessons learned in the seminars on effective contract

Shipping Costs Have You Down? You Need Parcel BI

By Parcel BI
August 17, 2018 Category: Parcel BI, Parcel Delivery, Cost Savings, Powerful Demos

Parcel BI - A tool to uncover what you are really spending on shipping costs Vizion Solutions new online parcel spending analysis tool is making waves.Parcel BI provides insight into the cost of shipping products across parcel carriers in an organization. Companies are saving thousands of dollars on their shipping costs by monitoring and managing parcel spend with Parcel BI. Do you need help understanding complicated billing and shipping contracts for your parcel spend across multiple accounts, with multiple carriers? Dont we all. E-commerce and direct to customer delivery are just a few of the factors that are changing the parcel delivery landscape. The rising costs of shipping are impacting the bottom line of many companies. Companies need to reduce costs, and to do so effectively, they need easy access to actionable data. said Giles Manias, Director of Product Development at Vizion Solutions. Clients Love Savings from Parcel BI The VP of Logistics at a prominent online/in-store

Join Parcel BI at Parcel Forum 18 in Chicago at Booth 434

By Parcel BI
August 17, 2018 Category: Parcel Forum, Parcel BI, Powerful Demos

stop by booth 434 to see parcel bi in action We are proud to be exhibiting at Parcel Forum 2018, the only conference dedicated to serving the unique and ever-changing needs of professionals who are responsible for the shipping, warehousing, packaging, distribution and delivery of parcels. Parcel BI will be bringing its game changing analytic tools for the second year running to show attendees how we can expose savings in their parcel spend. This event will be filled with leaders in transportation, shipping and procurement, logistics/supply chain, distribution and warehouse, IT/Systems and more. There will be a conference, exhibit, and special events.Visit the website to learn more. What to Expect. Parcel BI will be demoing our BI parcel solutionsat ourbooth this year. Our tools range from a Profitability Parcel Audit tool to Contract Edge solutions that allow you to compare and negoatiate your contracts. As a special promotion for attendees of the show, well be scheduling demos

What is Parcel Delivery Really Costing?

By Giles Manias
April 18, 2018 Category: Parcel Delivery

Did you ever wake up at night wondering if that 2nd Day Early Morning delivery to Walla Walla, WA was billed correctly? Do you wonder if your flat rate shipping fees are a competitive advantage or killing you softly? Do you see charge corrections on your carrier bills and wonder if they were included on your invoice to your customers?You are not alone. Shipping product is often seen as the last step in a fulfillment transaction. Printing up that shipping label and getting that shipping charge so that you can generate an invoice is the goal line, but this last step can be full of hidden surprises and you may be leaking money and killing profits. Customers can be won and lost based upon how shipping charges are perceived because no one likes to pay for delivery. Unless you are able to build your own fleet of solar-powered drones, you are likely at the mercy of the common parcel carriers for getting your product delivered. How companies handle that cost varies greatly, but in that cost often

BI Solutions Boost Shipping Efficiency and Save You Money

By Parcel BI
April 10, 2018 Category: BI Solutions

Having visibility into the detail of your parcel carrier bills can expose opportunities totrim your parcel costs. Operational and contractual rate improvements reduce your shipping budget, increasing your bottom line. You can sift through your bills, or download them into an excel spreadsheet, but then you are sacrificing time, unable to get to the details you need easily. Utilizing an effective data visualization solution, or Business Intelligence (BI), enables you to identify the changes needed without expending more man hours. We have spent over a year producing what we see as the industry leading BI tool for managing parcel spend, called appropriately enough: Parcel BI How does ParcelBIboost shipping efficiency? ParcelBI reduces parcel spend by: Exposing Shipments With Large Packaging Fees You are well aware that packaging impacts shipping costs. BI analytics, like ones that can be given to you through ParcelBI, cangive you a streamlined way to look at what you ship, so you can

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Parcel BI (3)
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Parcel Forum (2)
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