Monthly Archives: April 2013

Tips for Refinancing Your Home Loan

Refinancing loans can be a difficult task. In this video guide Lisa Montgomery, CEO of resi takes a look into refinancing home loans and focuses on reasons t…

Financing with Small Business Loans and Grants

Interviews with business owners about how the SBA can help finance your business.

Getting Better Small Parcel Rates Through Rate Adjustors

Parcel shipping rates are dominated by a group of parcel shippers; they have a standard rate card, and a set of pricing algorithms that determine how these rates get applied. Most businesses work with one small parcel service, usually UPS or Federal Express…and once they get into the mind set of “This is the service we use.”, they stop comparison shopping for rates.

This is a mistake – parcel shipping rates are volatile, and there are a lot of instances where businesses are paying for services they don’t actually need. For example, there’s a saying that if you needed to send something overnight, someone, somewhere along the line, messed up.

Having a parcel rate advisor doing some investigation into your current parcel shipping operations can pay large dividends in reduced freight costs, and improved services. First, most parcel rate advisors have extensive databases of prior art when it comes to what is and is not normal for a parcel rate service. They regularly audit shipping bills, looking for service failures, and looking for cases where you’re charged for services that were never delivered, or delivered late.

They’ll also look for places where you’re being charged at more than the going rate for accessorial services, like hazmat shipping or residential delivery. They’ll look into the fuel surcharges being assessed and compare them between carriers, and they’ll compare different rate structures. Many parcel rate advisors can also serve as freight consolidators for suitable shipments, and their business can extend beyond the baseline work for small parcel shipping issues.

A good parcel rate advisor will also ask probing questions about what you ship, and why.

They may be able to offer you ways to streamline your operations, including suggestions like asking your customers when they really need a parcel delivered by. For example, while it’s de regeur for law firms to ship parcels by overnight delivery, not all the places they’re shipping those parcels to actually need it that soon. One law firm in Philadelphia, using a parcel rate advisor, was able to shave almost $ 15,000 per year in shipping costs just by shifting from “Everything must be overnighted” to “Ask the customer if they need it next day or can it go three day rates?”

Parcel shipping is as much an art as it is a science, it’s selecting the right set of options from a large list of them, and matching them to the actual needs of your small business, and it can take a certain amount of work to make sure that these services mesh up with actual demands…and make sure that the accessorial services chosen are the ones actually being used. Consider the benefits of having a parcel rate advisor look over your operations when you negotiate your next UPS parcel pick up service agreement.

Parcel Shipping Rates fluctuate. However, now there is an easier way to maintain and manage your inventory to provide more options in saving money for your company. For more information on Logistics Software and a more compresive look at Freight Shipping Rates visit RateLinx.com.

Financing the Small Business: A Complete Guite to Obtaining Bank Loans and All Other Types of Financing

Financing the Small Business: A Complete Guite to Obtaining Bank Loans and All Other Types of Financing

Financing the Small Business: A Complete Guite to Obtaining Bank Loans and All Other Types of Financing

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Book by Sisson, Robert

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Small Business Financing: How and Where to Get It by Magos, Alice H.

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NEW Financing Small Business in America: Debt Capital in a Global Economy by Rog
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