Reveel

Unfortunately, despite attempts at spend optimization, numerous organizations still consider parcel shipping to be the ultimate frontier. As a result, many shippers within these companies continue to engage in "maverick spending" practices, lacking a true understanding of their shipping activity.

Economic downturns are a testing ground for innovation, and history proves that disruptive technology thrives in the face of adversity.

Josh Dunham, chief executive officer of Reveel, describes four best practices that parcel shippers are employing in their relationships with carriers today.

Private equity investors can increase enterprise value of portfolio companies by reducing parcel shipping costs. Parcel shipping costs have increasingly become a major expense for businesses, especially with the rise of e-commerce through buyer preference for online shopping. Portfolio companies that rely on parcel shipping can optimize their shipping strategies, negotiate better rates with carriers, and invest in technology to improve operational efficiency. By reducing parcel shipping costs, portfolio companies can materially improve their margins and increase their profitability.

When Sunriise Business Solutions’ business process and project management experts embedded at a high-end yoga apparel brand were asked to bring the company’s shipping operation from a 3PL in house, they began by deploying Reveel’s Shipping Intelligence™ Platform - a decision that delivered more than $1.8 million in initial savings.

One of the fastest growing distributors of products for industrial applications, including hydraulics and pneumatics, Motion Flow & Control Products (MFCP) helps leading companies in numerous industries achieve new heights. Now MFCP is using the valuable data and powerful analytics in Reveel’s Shipping Intelligence platform solution to transform the fulfillment and inventory operations for its e-commerce site and more than 60 brick-and-mortar stores.

The leading provider of liquid yeast, and other fermentation products and expertise that leading brewers, distillers and wine makers need, knew it wanted to break from the vicious cycle of parcel consulting fees. The transition to Reveel’s platform delivered far more than savings.

As businesses of all sizes continue to scramble to find savings to offset the weight of these heavy annual increases, from FedEx and UPS, the major parcel carriers have again leveraged their duopoly of the industry and implemented widespread increases.

Although FedEx and UPS unveiled the highest annual general rate increase in either company's history, 6.9%, Reveel's analysis found that the impact on most businesses will be significantly greater.

In this e-book, we take a deep dive into Reveel’s Shipping Intelligence® Platform™ to ensure you have a context understanding, and why Reveel has made it an easy-to-use platform for you to use.

White Labs, who produce cultures for beverage makers worldwide, worked alongside Shipping Intelligence™ company Reveel to renegotiate their shipping agreement and saved over $700,000 on shipping expenses.

Understanding what both you and the carrier are liable for is essential to your compliance and your bottom line, so let’s take a look at these carrier contracts and where your carrier’s responsibilities lie.

In this ebook, we dig into why you should actively monitor your shipping agreement and see how a Shipping Intelligence Platform can help you solve them, we also explain the three key reasons you should stay on top of your shipping agreements.