Shipping at Scale for Small and Medium Sized Business Owners
Learn how “shipping at scale” and “Shipping as a Service” can help businesses minimize shipping costs, optimize logistics, and enhance customer satisfaction with the right tools.
Shipping is an essential part of running any business. No matter your size, affordable shipping is key to running your business. Without the right shipping solutions in place, businesses of all sizes can quickly find themselves overwhelmed by orders. Or, worse, they may find customers ditching carts when they see expensive shipping costs.
This is why many business owners are turning to “shipping at scale.” Shipping at scale term describes the process of optimizing the shipping process in order to save time and money. In this article, we’ll discuss:
- What “shipping at scale” is?;
- The importance of right rating?;
- How small and medium sized business owners can minimize their shipping costs.
What is Shipping as a Service?
Simply put, Shipping as a Service brings the value of the Software as a Service (SaaS) model to shipping logistics. This approach benefits all businesses, no matter their size. With Shipping as a Service you are able to quickly and easily manage their orders, track shipments, and scale shipping labels to respond to seasonal demand.
Shipping as a Service is, by definition, offered as a subscription service. This subscription grants the subscriber to dynamic and affordable shipping rates. Subscribers can shop real-time shipping rates from multiple carriers at scale. This ensures that you always get the best deal on their orders, no matter the size.
The benefits of Shipping as a Service for small and medium sized business owners are numerous. For one, Shipping as a Service eliminates the need for manual data entry, which can be time- consuming and error-prone. Shipping for small businesses and large businesses alike is benefited by the automated, cost conscious solution offered by Shipping as a Service. Finally, Shipping as a Service also simplifies the returns process. Vendors can handle returns and claims all from one unified platform.
Why is Right Rating Important?
Right rating is an important concept when it comes to shipping at scale. Right rating refers to the process of accurately calculating shipping costs for each order on a vendor-by-vendor basis. In turn, this maximizes profitability while passing on savings to the customer.
Further, right rating ensures that a business always pays the correct rate for their shipments, without overpaying or undercharging customers. Finding the right rate can be a difficult task for small and medium sized business owners, who may not have access to the same resources as larger companies. However, with the right tools and services in place, small and medium sized business owners can ensure that they’re paying the correct rate for every shipment.
The benefits of right rating for small and medium sized business owners are clear. By accurately calculating shipping costs, businesses can ensure that they’re not overpaying or undercharging customers. Furthermore, right rating can also help businesses save money by taking advantage of discounts offered by certain carriers. Finally, right rating can also help businesses reduce their carbon footprint by eliminating unnecessary trips to pick up or drop off packages.
How to Minimize Shipping Costs
For small and medium sized businesses, minimizing shipping costs is essential in order to remain competitive in today’s market. Fortunately, there are a few simple steps that business owners can take in order to reduce their overall shipping costs. First, it’s important to research different carriers in order to find the most cost-effective option for your particular needs. Additionally, it’s also important to consider any discounts or promotions available from different carriers in order to maximize savings on each shipment.
Another way to minimize shipping costs is by optimizing your packaging choices. Choosing the right packaging can help reduce both weight and size of packages which in turn can reduce overall costs. Additionally, using recycled materials for packaging can also help reduce costs while minimizing environmental impact. Finally, it’s important to take advantage of free services such as label printing or tracking tools offered by some carriers in order to further reduce costs.
Conclusion
Shipping at scale is an important concept for businesses of all sizes. It’s about more than just cheap shipping — Shipping at Scale means optimizing the entire logistics process.
By utilizing Shipping as a Service and Right Rating platforms, like Inex, businesses can ensure that they are always paying the correct rate for their shipments. With the right strategies in place, business owners can ensure that their shipping process runs smoothly and efficiently – allowing them to focus on growing their business instead of worrying about logistics.
Inex | 09.06.2023