Measuring the Impact of Parcel Minimums

Parcel BI was created to help businesses keep track of their parcel data so that they can make efforts to save money on the parcel spend. In our last video, we discussed our incentive analysis report and the importance of being connected to your parcel data. Another important part of tracking your parcel spend is with minimums.

What are Minimums?

A minimum is the smallest charge you would receive for a package regardless of your discount, essentially the bottom floor price for a package. Even if you had a 100% discount on a package, you would still have to pay the minimum for that package. The minimum rate will vary depending on the service.

Parcel Minimum Zones - Parcel BI

How Can Parcel BI Help Shippers?

With Parcel BI, you can quickly and easily expose the impact of minimums, what the percentage of packages that hit the minimum, and how much the costs you. You can also manipulate your minimum adjustment and instantly quantify the impact. This information is crucial when negotiating with carriers to help you reduce your parcel shipping spend!

Learn More About Parcel BI

If you are looking to save money on your shipping, Parcel BI is here for you! Contact us today to learn more, try our free demo and Parcel Health Checkup, and visit our video library to watch more videos like this!

Loading Form...

Posted by Parcel BI in Savings, BI Solutions

Most Recent

Parcel BI Case Study: 50% is Still a Failing Grade

By Parcel BI
January 14, 2021 Category: Case Studies

Brokered rates can seem like a great way to reduce costs on parcel spend, but more often than not, they actually do more harm than good. Check out this week's blog to see how Parcel BI can help expose unnecessary costs and other issues included with brokered rates.

Parcel BI Case Study: Breaking Up is Hard to Do

By Parcel BI
December 15, 2020 Category: Case Studies

Parcel BI was created to help businesses manage their parcel spend in an intelligent way. Our tools allow users to easily control many aspects of their parcel data by identifying opportunities, exposing errors, and reducing costs.

Parcel BI Case Study: Negotiating Rates and Minimums

By Parcel BI
December 03, 2020 Category: BI Solutions

Parcel BI offers many tools to help businesses manage their parcel spend by identifying opportunities, exposing errors, and reducing costs. Contract Edge is one of these tools which can help shippers negotiate better rates and discounts.