“The best defense is a good offense” is an adage easily applicable to the world of shipping management. Small businesses, in particular, must make a habit of being proactive to stand a chance against the more experienced competition. Choosing to let essential elements of business shipping carry on without oversight will be the downfall of otherwise savvy startups. Businesses dependent on shipping networks have an obligation stay on top of logistics and always be on the lookout for adaptable efficiencies.
Where to Focus
Getting a handle on shipping logistics and efficiencies is easier than you think. FreightorGator has the vantage point necessary to not only see the central components involved in streamlining shipments but also the pillars of maintaining steady workflow with products coming and going irregularly. Here are the five factors driving shipping logistics and efficiencies, which can make a small business nearly impervious to the headaches of meeting supply and demand.
1. Improved Inventory Flow
Efficiently managing inventory boils down to data visibility. Appropriate staff scheduling, inventory carrying costs, and cash flow are all affected by the ability to easily access inventory data and track shipments. Whichever the preferred software or third-party logistics service used, it’s imperative to hold it accountable for this information if it’s not visible at a moment’s notice. Otherwise, late LTL shipments and other factors affecting inventory flow will suffer from delayed reactions. This prevents maximum inventory flow which drives up ICCs, clouds personnel decisions, and lowers cash flow.
2. Updated Data
Address and contact information is useless if not up-to-date. Both data sets are inherently critical to efficient shipping – get them wrong and risk increased costs, not to mention some annoyed customers. If the software or 3PL is lacking in its ability to deliver this crucial information accurately in clutch situations, consider shopping around for new assistance.
FreightorGator can help connect small businesses with LTL carriers who in turn can make a case for their own brand of shipping technology.
Knowing FreightorGator is in your corner, these companies won’t hesitate to make their deals the best.
3. Accurate Quoting
Unintentional misinformation is one of the biggest sources of customer service complaints within the shipping sector. Failure to provide an accurate quote on a freight shipment can not only cost a company time and money, it can also cost them future business. For small startups, often struggling, it’s a potentially crippling scenario. Never fear, for FreightorGator makes this practically impossible. We handle any specification of shipment for a flat $25 fee and enable shippers to benefit from the deep discounts carriers are usually hesitant to extend to “mom and pop” operations.
4. Damages and Returns
Headaches associated with reverse logistics are relative to the sort of transactions occurring. Companies shipping large volumes of low-end electronics, clothing, and other consumer-grade merchandise are certainly going to be busier processing damages and returns than companies working with big-ticket items. However, that’s not to say the latter aren’t plagued with their own reverse logistics grief – typically multiple shipments to sort out a mechanical or electrical failing. All this adds up to added costs. Upon doing the math, it may appear justifiable to subscribe to a centralized returns service but double check the numbers because paying a 3PL isn’t cost-effective if it’s cheaper to handle the process in-house.
5. Loading Dock Times
Accurate shipment tracking is essential for achieving maximum efficiency at the dock. Knowing when and where the carriers are arriving and departing allows businesses to utilize staff on a multifaceted level in between loads and unloads. Dock logistics are equally influenced by improved coordination between carrier and company in the heat of the moment. Paging systems and signals ensure drivers are moving in unison with the team behind the depot walls. This gets inventory in and out as quickly as possible, which is the goal for all parties involved.
Taking charge of logistics and watching out for opportunities to be more efficient are the only ways to have an advantage in the shipping department. Small-business choosing to casually approach the subject of shipment dynamics are in for a rude awakening. Avoiding shipping hassles by proactively improving logistics is what keeps startups alive. Better yet, it’s what turns small business into big business. FreightorGator is excited to help where needed along the way.