Rising fuel costs has become a major business issue. For those using warehouses as part of their business plan, fuel costs cannot be avoided, but shipping costs can. The following post provides information and suggestions for saving on shipping.
- Use a business credit card for shipping costs. Many carriers and credit card companies offer discounts for usage. Some credit companies have deals established with carriers; discounts are available when particular carrier companies are used. In addition, using a business credit card can help in acquiring points that can be used towards equipment, traveling, other services, etc.
- Consider using electronic postage. Considerable price reductions are available for individual and bulk shipping.
- Use multiple, smaller warehouses to store goods. Some businesses may have a high concentration of customers in particular locations. Storing goods close to the customer can save a company money on shipping costs.
- Receive quotes from several sources. Get prices from at least three separate warehouses. Different warehouses may offer more services. A discount in shipping may apply to a company that gives a warehouse a good deal of business.
- Consider joining a business or trade organization. Some organizations offer shipping discounts to members.
- Plan your business carefully. Last-minute shipping costs can be drastically higher when compared to those with a two to three day time cushion.
- Get the most out of every shipment. Some suggest that you should not send out a shipment unless the truck is more than eighty-five percent full. This can be helped by making customers pay more for overnight shipping or pay less if they can wait up to five business days for their goods.
- Negotiate with suppliers and middlemen. Sometimes other business entities could share the costs with you or help save money.
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