St. Onge Company’s Brian Fish published an article about fulfillment in the July/August edition of Parcel magazine. He discusses the process of loading data, developing contracts and executing procurement. Use the link below to read the article!
With the growth of regional parcel players, companies may find awarding business to multiple providers is the best overall solution to parcel optimization. Develop scenarios where you are injecting freight into those regional zones, along with the classic approach of awarding all business to the “main players.” Don’t forget, it is best to consider multiple scenarios when executing a procurement event. Mode conversion (i.e. linehaul freight to regional carriers) is often a better cost play than parcel rates. As long as you provide enough time for the responses, the more options to consider the better!
To summarize: Clean your data, separate the bid from the deal, consider multiple scenarios, and be very mindful of the accessories. Good luck!
Click here to read the full article!
