Let’s Reduce Shipping Cost are a small business owner who wants to move their products to international or domestic markets. Your business is great, and the product is flying out, whereas your customers are also pleased with your products. Everything is perfect, but when you get a bill from your shipping carrier, you are shocked at how much of your profit is cut because of that. It can be backbreaking for your business. So, what to do?
Well, you can curb the shipping process initially. Shipping holds a great portion of your overall costs, whereas businesses often overlook the costs associated with it. In other terms, you can say it’s a crucial piece of the pie that needs attention and due consideration. For such care, you do not need to Google the tops to learn how to avoid unnecessary shipping costs. Do you know why? Because Jay Kay Logistics has done the leg work for you!
In this blog, we have broken down everything which is required about shipping costs and how you can bring back the profit you’ve lost and worked hard upon. Small businesses can make a large difference in the world just by understanding and incorporating these essential ways into their business.
In reality, there are endless strategies that you can focus on and use for your business, but here we have mentioned some specific tips which directly focus on only the shipping process for small businesses.
Considering LTL Shipping
LTL (Less-than-truckload shipping) is a great and cost-effective shipping method for every small or medium-sized business. When you ship with JayKay Logistics, we use a hubless model if the volume of your shipment allows. It ensures that the shipment does not get unloaded from the truck until it reaches the final destination. Moreover, you receive a TL service at LTL prices, which are cheaper and reliable.
Using Technology
The shipping industry is continuing to evolve and get better in terms of technology. With advancement, the process of shipping is becoming easier and more convenient. Moreover, you can easily track your inbound and outbound shipments to know the current location of your shipment. Also, this allows your sales team to know when the new stock will arrive, which helps you to gain more control over the inventory. Besides, you can send emails or texts to your customers regarding their shipment tracking, which will add up to your customer’s good relations.
Allow Supplier to use your Shipping Account Number
If you have outside suppliers, you should allow them to use your shipping account number while sending you your products. It has twofold benefits which increase your business shipping volume and on the other hand, also allow your suppliers to reduce the shipping costs. Increasing overall shipping volume leads to cheaper rates of shipment.
Using Packaging and Equipment Provided by the Carrier
The products might be subjected to additional dimensional fees if you are adding oddly-shaped packaging or exceeding the size regulations as provided to you by the carrier. Such extra and unnecessary costs can be avoided if you use the packaging and equipment provided by your carrier. It will help you cut down your shipment cost. Also, many carriers offer software or equipment for small businesses like scales, printers, computers, etc.
Reuse and Recycle Materials
If it’s possible, you can even reuse the packaging. Materials like bubble wrap or boxes are often reused over, which allows you to reduce costs alongside using recycling materials. If something cannot be reused, you can always recycle them and incorporate this into your business, which will eventually add to the goodwill of your business.
Final Thoughts
The above-explained strategies are some of the most crucial and commonly used strategies to Reduce Shipping Cost. There are many more ways to reduce the costs for your small business. When you can consider everything and understand them when it comes to the shipping costs, you will surely be able to cut down the costs and safeguard most of your hard-earned profit. Stay updated with our latest blogs for safe and effective supply chain guidance.
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