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Category: Parcel

How Parcel BI Makes Managing Many Accounts Easier

By Parcel BI
July 02, 2019 Category: Parcel, Savings, BI Solutions

E-commerce is a huge part of how we buy these days, and as a result, it has really changed the game for business supply chains and logistics. Many retailers are now shipping out of various locations across the country, the continent of the world. As a result, they are managing dozens if not hundreds of different accounts. We call these omnichannel; companies that are fulfilling from multiple brick and mortar operations as well as distribution centers. Some organizations have accounts for multiple carriers at a single location, or accounts designated for different purposes as well. Death by 1,000 Paper Cuts The more accounts to manage, the more invoices to review and process. The greater the opportunity to miss opportunities to reduce spend and to leak money. Managing a handful of accounts is challenging enough, but multiply the possible errors by dozens or hundreds of accounts and the potential to miss things and have things such as late charges, chargebacks, audit fees, etc. just

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

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Parcel (3)
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Parcel BI (3)
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Cost Savings (2)
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