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Is your 3PL ready to attain its projected market share?
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.
How fully loaded rate shopping ensures maximum cost savings
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.
Designing Third Party Billing with Ease
Millions of packages are shipped each day by many carriers, including yours as a 3PL shipper. But with multiple customers, not all shipments are handled the same way between you and the carrier. Sometimes a shipment belongs to your contracted account with a carrier, but sometimes the customer requires their account and rates to be utilized. It's a surprisingly complex problem, especially when trying to scale automation.
Improving the Control of Carrier Selection
Picking the cheapest, fastest, and most accurate shipping method per delivery is a hard problem because of several complicating factors being evaluated in real-time. Getting the calculation wrong will prompt shipment overpayments, delays, and unhappy customers.
Shipium Named in Built In's 2023 Best Places to Work List
Built In’s esteemed Best Places to Work Awards, now in its fifth year, honor companies across numerous categories. The program honors companies – remote, hybrid and in-office – with the best total rewards packages across the U.S. and in the following tech hubs: Atlanta, Austin, Boston, Chicago, Colorado, Dallas, Houston, Los Angeles, Miami, New York, San Diego, San Francisco, and Washington DC.
40 Ecommerce Supply Chain Analytics [Updated for 2023]
Today you are going to learn which analytics and metrics matter for ecommerce supply chains. This resource is different from anything else you’ll find because our goal is to list and talk through lots of examples. Few resources out there extend beyond a bland definition of analytics. The guide will be especially interesting to ecommerce professionals because the list is sourced from veterans of Amazon and Zulily, pulling from their experience of measuring the things that mattered.
3 strategies retailers can deploy to be recession proof
Shipium CEO Jason Murray spoke with the team at Supply Chain Brain during NRF 360 to talk about a subject that's on every retail and ecommerce leaders mind at the moment, how retail can survive during an economic downturn.
How to Thrive During Economic Downturn: Amazon's Playbook
The downturn is real and it’s going to get worse before it gets better.
Fast, Free & On-Time Delivery (For Less) Helps Retail Win
Customers don’t care about your single carrier relationship or superior rate negotiation skills, they want their items fast, free, and on-time. It’s your job as a modern operator to put their needs and desires first and use the best carrier for the job, not just the one you are locked into. I learned the value of this lesson in the early 2000’s when helping Amazon switch from solo dependency on UPS to utilizing a multi-carrier mix to drive shipping speed and cost improvements.
10 Retail Data Points that Show the Value of Fast Shipping
We’re constantly pouring over the latest data and research within the retail, e-commerce and logistics industries, looking for great nuggets and interesting trends. Much of the research that caught our eye between 2019-2022 focused in on how to help retailers maximize the efficiency of online shopping, by curbing cart abandonment. When digging into this information, there's a clear correlation between how often online shoppers abandon items before purchase, and their desire to receive free or fast shipping. For retailers making the shipping experience a key part of the shopping experience is a simple and effective way to boost online purchases. Here are ten key stats that reinforce this idea.
