NEWS: Shipium Recognized in the 2024 Gartner® Market Guide™ for Multi-Carrier Parcel Management Solutions (MCPMS) We’re excited to share the 2024 guide has been published, and Shipium has been recognized in the research. You can learn more at shipium.com/gartner Readers will gain a lot from the report, as it walks through mandatory, common, and advanced features. We believe Shipium performs favorably in all functionality. Meanwhile, we see the heartbeat of an MCPMS solution as the way to manage to rate shopping. Readers will see a detailed breakdown of a rate shopping maturity model that goes through 5 stages. Each stage builds on the last in terms of functionality and capabilities. It’s our perspective that Shipium Carrier Selection performs at the highest maturity, Stage 5, which is focused on predictive use cases of rate shopping. A good example of a Stage 5 use case is using dynamic time-in-transit values to predict delivery times of economy service methods which traditionally do not offer SLAs. You can learn about that story here: https://lnkd.in/gB5zJ-65 We hope you like the guide as much as we did.
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In all markets, supply and demand set the prices. They do not all move at the same time, going up or going down, you can always save money if you can identify the laggards and execute quickly. The formula is simple, Intelligence + Action = Optimized Transportation Spend.
Parcel + Ecommerce Delivery Consultant | Increasing parcel shipping knowledge throughout the ecommerce industry | Founder, LPF Spend Management
Parcel shipping intelligence solutions. If you aren’t using one … you’re missing out. 📢 Quick PSA: Solutions providers, forgive the generic labeling of this solutions category. Feel free to expand upon the feature set. Or re(de)fine the category name. The benefits of these solutions range from seamless carrier integration to rich parcel #data. And capabilities continue to evolve, including: ☑️ Rate shopping / least cost routing ☑️ Customized business rule execution ☑️ Carrier volume threshold management ☑️ Front end EDD/promise date calculation ☑️ Carrier integration/shipping label generation ☑️ Predictive transit times/delivery performance analytics ☑️ Carrier service assignment optimization across several variables -promise date -#shipping cost -transit time -order value (or margin) -loyalty status ---- A brief list of solution providers is in the graphic. But it’s far from complete. How do you choose a solution that best meets your needs? What solution is providing value to shippers and how? Sound off in the comments. 👇 #ecommerce #technology
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Some articles I read today about the USPS Parcel Select 25% price increase coming in July. USPS has filed a notice with the Postal Regulatory Commission on Friday to increase Parcel Select rates by an average of 25% on July 14th. USPS expects a 1.5% revenue increase and a 2% volume decline for Parcel Select next year due to this change. https://lnkd.in/dS2TNMe4 Their main objective is to get workshare consolidators - Pitney Bowes, DHL eCommerce, and OSM Worldwide - to inject volume further upstream in their network. USPS believes this will improve the utilization of their Ground Advantage service facilities https://lnkd.in/dvcVbRBw This change is not expected to affect Amazon and UPS relationships. https://lnkd.in/dDq4y2DA When consolidators lose margin, they may seek alternative last-mile providers. https://lnkd.in/d5Hbkg8r —— ** Background for those unfamiliar with the consolidator model ** When you ship a package with USPS, it typically goes through several nodes in the network to reach the final destination. Local post office => Origin Sectional Center Facility (SCF) => Origin Network Distribution Center (NDC) => Destination NDC => Destination SCF => Destination Delivery Unit (DDU) => Destination. To make this more efficient, USPS has historically partnered with companies like Pitney Bowes, DHL eCommerce, and OSM Worldwide through “workshare” programs. These partners consolidate, sort, and deliver packages directly to the DDU, receiving discounts in return. Now, USPS aims to reduce this last-mile injection, preferring to move more volume through their own network to increase the network utilization.
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Customer Lifetime Value (CLV) is crucial in e-commerce yet often overlooked in many organizations. Why? Because it takes time to see the impact of strategic actions. But those who invest in CLV today will reap long-term rewards tomorrow. Don't neglect the bigger picture.
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Parcel + Ecommerce Delivery Consultant | Increasing parcel shipping knowledge throughout the ecommerce industry | Founder, LPF Spend Management
Parcel shipping intelligence solutions. If you aren’t using one … you’re missing out. 📢 Quick PSA: Solutions providers, forgive the generic labeling of this solutions category. Feel free to expand upon the feature set. Or re(de)fine the category name. The benefits of these solutions range from seamless carrier integration to rich parcel #data. And capabilities continue to evolve, including: ☑️ Rate shopping / least cost routing ☑️ Customized business rule execution ☑️ Carrier volume threshold management ☑️ Front end EDD/promise date calculation ☑️ Carrier integration/shipping label generation ☑️ Predictive transit times/delivery performance analytics ☑️ Carrier service assignment optimization across several variables -promise date -#shipping cost -transit time -order value (or margin) -loyalty status ---- A brief list of solution providers is in the graphic. But it’s far from complete. How do you choose a solution that best meets your needs? What solution is providing value to shippers and how? Sound off in the comments. 👇 #ecommerce #technology
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📦 USPS Parcel Select changes are here. Dive into our in-depth analysis to understand the impact and learn how to stay afloat. https://hubs.ly/Q02KtWF-0 #USPS #shipping #ecommerce
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The delivery game is no longer just about speed; it's about precision. 🎯 Enter load planning - the secret sauce to: 1) Minimizing returns; 2) Avoiding errors; 3) Saving time. The timely and accurate delivery of packages to the correct customers reflects a company's commitment to excellent customer service.🥇 In the e-commerce-dominated landscape, this factor is truly make-or-break! Learn more about the tech innovations reshaping last-mile load planning in our latest article. #loadplanning #lastmile #lastmiledelivery #ecommerce
Load Confirmation: What, Why, and How? » Track-POD
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Wow! A top 25 global retailer case study! A proud moment. 🎁 A global retailer operating in 50 countries transformed payments from a cost centre into a strategic powerhouse—unlocking vendor setup and resource allocation breakthroughs. 🚀 In this global case study, PaymentGenes and BB Merchant Services share their work with this global retailer on how payment acceptance has evolved from a routine function into a strategic tool that drives growth and enhances customer satisfaction, as described in the article below. As payment technologies advance and customer expectations rise, rethinking payment acceptance is no longer optional - it’s a must for businesses aiming to stay competitive and streamline operations and costs. Rutger van Overbeek (BB Merchant Services) and Kirsten Hoornstra (PaymentGenes) discuss how optimising payment processes goes beyond efficiency, delivering growth, better customer experiences, and market advantages. Key insights from BB Merchant Services and PaymentGenes include: ⭐ 360-degree payment capability assessments ⭐ KPI benchmarking to boost efficiency and cut costs ⭐ Tailored payment strategies for local market needs ⭐Turning payment systems into a strategic asset The benefits of viewing payment processing as a strategic capability. Viewing payment processing as a strategic capability offers multiple benefits. It opens up the opportunity to enhance the customer experience by providing seamless, secure, and convenient payment options, driving satisfaction and loyalty. Optimised payment processes improve operational effectiveness, reduce costs, and allow better resource allocation. This strategic approach gives businesses a competitive advantage while expanding their business to new markets, business models, and use cases or increasing the performance of the existing ones. It allows for integral thinking and a data-driven approach in all teams involved in continuous improvement. Businesses that continuously innovate their payment strategies will be well-positioned for future success and market differentiation. The key benefits of viewing payment processing as a strategic capability are outlined below: ✔ Enhanced customer experience ✔ Operational efficiency ✔ Competitive advantage ✔ Future trends #business #businessintelligence #innovation #future #leadership Click below to read the full case study a top 25 global retailer operating in 50 countries 👇👇
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With the continued growth of e-commerce, last-mile delivery has become more important than ever for consumers and more challenging for shippers. With 83% of customers now expecting a guaranteed delivery date and 80% a specified delivery time slot, this leaves very little room for error in your last mile logistics. These rising expectations are causing a boom in the last mile delivery market, with an estimated growth of 15.62% till 2027. This extensive report on last-mile delivery emphasizes its crucial role in customer satisfaction and rapid growth. The report highlights the importance of last-mile delivery in the evolving logistics landscape, detailing its impact on customers and businesses. #apicssscbs #researchreport #sscbs #report #du #lastmiledelivery
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🚀 The State of Shipping Report 2024 is here 🚀 “There’s a pretty obvious shift towards more consumer-centric delivery. It’s all about convenience, really, and there’s plenty of great new tracking tech out there to support real-time updates and a better overall delivery experience.” Andy Evans, Co-Founder of humii We're so proud to have contributed to Shippit's landmark 2024 State of Shipping report that was just released. Download it now to unlock exclusive data and insight into what customers are asking for versus what retailers are offering. What you’ll learn: The most important trends and innovations: Find out what delivery options, speeds and costs retailers are offering and how this has changed over recent years Key stats to support decision-making: Exclusive insights from our recent State of Shipping Survey on where retailers are investing, and what they're concerned about. Plus, we highlight key trends we're seeing based on Shippit platform data Perspectives from industry leaders: Learn from those who have taken action with contributions from our customers and partners who provide context to our findings Download for free, link in the comments
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