With multi carrier shipping software, companies can automatically
switch between carriers. In this QAD Precision Report we break down
exactly what this means, and the benefits of multi carrier shipping.
Today’s trading environment is one of global supply chains.
Furthermore, e-commerce is no longer limited to consumer goods. People
shop online for every kind of product—everything from tiny components
to large industrial machines, from consumer electronics to food and
beverages, medicine and medical devices, or clothes and shoes. In
order to thrive in this world, enterprises need the flexibility to
call on the right carrier to match the speed, distance, region, and
environment their products need.
Shipping internationally can be complex. There are a multitude of
forms to complete, regulations to obey, and tariffs to calculate. To
make matters worse, the rules change frequently, making it even harder
to keep up.
Your company can’t afford shipment delays because of a minor
infraction or human error. In order to manage the costs and complexity
of global deliveries, enterprises have been turning to multi carrier
carrier shipping software allows your company to become carrier
independent. You aren’t stuck using the proprietary software of one
specific carrier. Nor does your team have to learn how to navigate
through every carrier’s solution. Whether you ship parcel, LTL, TL,
freight, courier, or a combination of any or all of these, multi
carrier shipping software will help you achieve the lowest rates
consistent with your customer and product requirements.
With multi-carrier shipping software, you have one solution that acts
as a gateway, providing global carrier coverage anywhere in the world.
The best multi carrier shipping software applications have a network
that includes hundreds of carriers. This should include large,
well-known global brands as well as smaller local and regional
carriers. Leveraging a multi carrier network, allows you to optimize
the first and last mile of your product’s journey—and every mile in
between, both inbound and outbound.
Customers have become increasingly demanding. Many expect free
shipping, or at the very least, low shipping costs. That makes it
vitally important for you to ensure that you use the carrier with the
lowest freight rates consistent with your customers’ expectations and
your business requirements.
Your users can access multi carrier shipping software through a
single portal that helps users choose the best carrier for each
shipment. That access allows you to make changes to your shipping
strategy or preferred carrier in real time, as real-world conditions evolve.
In busy shipping environments, nobody has the time to research the
unique rules that apply to every shipment. Multi carrier shipping
software takes your business rules into account to recommend the best
route, the lowest cost, and the most appropriate carrier service automatically.
Furthermore, you can simplify this process with automation. Your
solution can automatically assign shipments to a particular carrier.
For example, you could decide to route all deliveries going to a
particular domestic region to Carrier A. In addition, you could decide
to consolidate all shipments going to a specific international
location and send them with Carrier B. These business rules are not
dependent on delivery location. You could specify a particular carrier
and/or service level depending on the shipment’s characteristics, such
as weight or size.
Many large volume shipment companies use a single carrier because it
simplifies the chaos on the shipping dock. However, it is unlikely
that this carrier is the best choice in all situations. You may end up
paying higher rates for some deliveries. In addition, your customers
in some areas may experience unacceptably slow delivery times.
Multi carrier shipping solutions ensure you get the best rates, best
routes, right service levels and automatically generates carrier
compliant shipping labels for every shipment.
Multi carrier shipping software should include data analytics that
helps you analyze carrier performance and improve your logistics ROI.
By tracking important key performance indicators, you can identify
problems areas or performance issues.
For example, an analysis of on-time versus late deliveries will show
you if there are particular bottlenecks or performance problems that
are causing the delays, and impacting customer satisfaction. As a
result, you have data-driven insights to use when you enter
negotiations with your carrier partners.
In addition, you can achieve further cost savings by auditing freight
bills for accuracy before paying them. Billed rates can be
automatically compared to anticipated costs. Should discrepancies
occur, the solution notifies key personnel to take action. For
example, your carrier invoice could include a charge for a premium
service not requested, such as Saturday delivery.
A comprehensive multi carrier solution with automated freight bill
auditing helps high volume shippers control costs and increase
logistics ROI. If you’re paying the freight bills, those savings go
straight to the bottom line.
If you’re considering a multi carrier shipping solution, there are a
few things you should look at to make sure you choose the right solution.
Some software applications billed as a “multi carrier” shipping
solution have a limited carrier network. A number of multi carrier
solutions may be strong in one region, such as North America, but lack
coverage in Europe or Asia. As a result, you may find that you miss
out on the best rates, or you don’t have enough capacity to service
customers in certain regions or countries.
You can’t improve what you can’t measure. It is important that your
chosen multi carrier software solution has built in analytics. Your
shipping team needs the information on key performance indicators
quickly. This enables adaptive global logistics, so that your team can
implement changes to processes and procedures when needed.
Your multi carrier shipping software should alert you if a shipment
is at risk of missing its delivery date. This allows you to
proactively manage delivery exceptions, resolving them with the
carrier. Furthermore, if a delay is inevitable, you can notify
customers in advance to find an alternate resolution.
Many things can disrupt a carrier’s fleet, from seasonal peaks to
local weather conditions, to natural disasters. Your multi carrier
shipping software should have built in adaptability so you can react
fast to changing conditions.
QAD Precision offers a multi carrier shipping solution with access to
over 5,500 carrier services around the world. The solution is truly
global and supports multiple languages, currencies and date formats.
As a result, the correct documentation is always prepared in the
correct format and language, no matter where you ship from or ship to.
QAD Precision is used in more than 4,000 sites across 100 countries
around the world. We offer 24/7/365 follow-the-sun support. To see how
QAD Precision can assist your organization, please schedule a consultation.
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