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

Manage Your Parcel Spend in the Age of COVID

By Parcel BI
September 16, 2020 Category: Savings, BI Solutions

While living in the age of COVID-19, things have changed, and a lot of companies are looking for ways to manage and reduce costs and find savings. Audits and Refunds have dried up, carriers are at peak levels and it is a difficult market to negotiate in, but not all opportunities to reduce costs are lost. In the series of blogs to come in the next few weeks, we will be sharing a few of our customer's successes with the Parcel BI tools.

Parcel BI- The Perfect Tool for Private Equity Groups

By Parcel BI
September 09, 2020 Category: BI Solutions

We provide powerful business intelligence tools that help private equity groups consolidate spend from all entities in order to leverage the group's full buying power while giving the insight and control both at the group level and at the lower entity level.

Insight Found In Time-In-Transit Reporting

By Parcel BI
August 27, 2020 Category: Savings, BI Solutions

The Time in Transit Report is a great tool within Parcel BI that allows you to take control of your parcel even more by seeing an in-depth breakdown of how your carriers are performing on days in transit by service.