Losing Time and Money in Shipping Costs?
Two of the most precious resources organizations have are (1) time and (2) money. But these are often lost to suppliers. How do suppliers trick you into losing time and money? For example, many shipping companies exploit successful businesses with their outlandish rates. The weight and the dimensions of each package are taken into account to favor the supplier not the sender. Little by little the rates take a significant bite out of your profit margin. In addition to this there can be duty and extra rates dependent upon the speed of the delivery. Few organizations have ways to control this on the surface.
You can stop the suppliers dead in their tracks! Workplace training on supply and demand can teach you ways to make it more cost effective as an important business skill. Investigating in all the different shipping plans available is one way to get the best deal. Pool resources with others who are in the same situation. Do not sit idle. Sometimes a proactive approach can do a lot of good. There are other alternatives to any suggested framework. Contingency planning is looking for an alternative and finding a better solution. As in the example of shipping costs, there are many services to ascribe to. Choose the one that suits your organization the best and you will stop the worst suppliers dead in their tracks as they will lose business and have to consider granting you the sender cheaper rates.
