Jason Murray / September 7, 2023 / Product
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"If we wanted to make changes to our network, could you tell us what would happen?" That's the most frequent question we have gotten from modern operators throughout 2023. We have a couple theories as to why.
A big portion of ecommerce growth has been the success of subscription business models. From food delivery to pet supplies to haircare, many of the most successful Direct To Consumer companies over the last five years have been subscription products that brought a consistently great product to an eager market.
We’re excited to announce the formal release of the Shipium Carrier Network, our ecosystem of pre-integrated carriers and service methods that provides immediate access to core carrier interfaces such as generating labels, manifesting shipments, and getting tracking IDs.
Shipium remains committed to solutions that are tailored for the most important problems our customers face. Ecommerce is picking back up with merchant sales up 35%, and peak season is on top of mind with back to school shopping and generating Christmas shopping lists on an individual and corporate level. Given consumer demand is as high as its ever been, the need for enterprise-level throughput of label generation is as important as ever.
The Shipium Console continues to be the best source of truth for modern operators to continue managing their day-to-day shipping needs, including quickly reacting to business shifts. It’s easy to configure dozens of complicated shipping situations through our intuitive Console, and when business needs to change, altering those configurations quickly is a snap.
The Shipium Console aims to be the best place for modern operators to manage their shipping configurations without hassle, delay, or additional costs. We are thoughtful about the day-to-day experience of transportation managers and design self-service tools that save them time, headaches, and money.
It is about 30 days away until UPS workers probably go on strike. Negotiations have been on-again-off-again, and there is a chance it will be resolved by then, but with the latest being 97% of union workers approving the strike, it's reasonable for companies to plan as if it will happen.
Improving margins and increasing revenue is an evergreen challenge for 3PLs. Many different approaches exist, but one of the more effective ideas is to leverage negotiated shipping rates with carriers as a new service for customers (e.g., smaller up-and-coming brands) who find value in consistently cheaper shipping options.
The 3PL market is projected to reach over $2 trillion by 2030. Is your 3PL ready for its share? You definitely should be with that projection! As your business grows, your customer base grows, as well as necessary complexities per customer. Most shipping systems, whether legacy technology or internally built efforts, place your business at high risk when trying to keep pace with growth, resulting in unhappy customers and employees. The burden is extremely expensive and time consuming.
Detailed attention is required for each shipment regardless if you’re a shipper, retailer or 3PL. Total shipping costs is the most important detail, yet, if you built your own rate shopping technology on top of pass-through carrier label APIs, the rates being shopped are likely not the full costs. With higher volumes, millions of dollars are left on the table.