Quarterly Live Group Demo Watch Now

Sifted logo

Sharpen Your Vision of Your Shipping Data

by | Jun 10, 2020

3 min read

Most people who have gotten glasses or contacts for the first time describe the amazement of suddenly seeing things as they truly are. (Trees have individual leaves!) They start to see the details of the world around them.

That’s what it’s like when you see your shipping data in a new way — you notice everything you’ve been missing and find a new appreciation for the small details. Everything becomes clear — finally.

The power of your own data

Shippers often know the basics of their shipping profile but struggle to dig down into the details of their own data without becoming overwhelmed. But the details are where are the secrets to reducing your shipping spend lie!

With better access to the details of your shipping profile, you’ll not only save money, but you’ll also make more informed choices for your business about things like:

Your data contains more helpful information than you could imagine, including the answers to questions like:

  • Which products are costing me the most to ship?
  • Are we getting competitive shipping rates?
  • What surcharges are we getting hit with the most and how can we control them?
  • Is my carrier performing as promised? Are our shipments making it on time? 
  • What are the breakdowns of my taxes and custom fees?

The tricky part is — how can you get a handle on all these details and turn them into information you can actually digest and act on?

Tools like our Logistics Intelligence Platform are the answer. Logistics Intelligence helps you see those crucial details and understand how they affect the big picture of your shipping spend. That’s the key to getting processes right, mitigating risks, managing costs, and budgeting better

How Kendra Scott uses VeriShip to lower shipping costs

Jewelry retailer Kendra Scott implemented VeriShip’s Parcel Audit solution to identify opportunities for carrier refunds and tighten the reins on their controllable costs. Adding the tool took them to the next level because they could easily access all their shipping data in one spot and make better operational decisions.

With Logistics Intelligence, Kendra Scott was better able to understand their own data both in detail and at a high level. Reporting and monitoring are a big part of any successful shipping operation, and the team at Kendra Scott is no exception.

They monitor the specific KPIs that matter most to their business through the Logistics Intelligence Platform, as well as generate reports that give them insights into their shipping performance. They use reports like the Miscellaneous Charges Report, the Zone and Service Distributions Report and the Shipping Mode Report to understand the health of their shipping operations and make corrections where necessary. 

The results speak for themselves: This deep understanding of their shipping operations has helped Kendra Scott save more than $240,000. (Read more in their case study!)

Bring your shipping data into focus

Just like improving your eyesight, you don’t know what you’re missing in your shipping operations until you sharpen your vision by using the right tool. Empowering yourself with the details of the unique data that matters the most to your business — like monitoring key KPIs — is the way you keep your eye on the big picture of your parcel spend.

One thing every shipper should keep tabs on is surcharges. But do you know how some of the most common surcharges affect your business? Check out our new eBook, 5 Budget-Busting Surcharges & How to Lower Them, to find out about the biggest culprits and how you can get them under control.

 

Topics: Data Science, Shipping Data, Surcharges
Topics

Check out related resources at Sifted.

Network Optimization 101: The Impact of Carrier Diversification on Supply Chain Resilience

Network Optimization 101: The Impact of Carrier Diversification on Supply Chain Resilience

FedEx and UPS had the same GRI for 2024 at 5.9%. Down 1% from 2023’s 6.9% increase. American businesses are facing ...
Read More
How To Implement Artificial Intelligence To Boost Your Supply Chain Operations

How To Implement Artificial Intelligence To Boost Your Supply Chain Operations

By 2027, the global last-mile delivery market is expected to soar past $200 billion, up from $108.1 billion in ...
Read More
How Amazon Is Using AI To Become the Fastest Supply Chain in the World

How Amazon Is Using AI To Become the Fastest Supply Chain in the World

Did you know that Amazon has been using machine learning and AI for more than 25 years? Yes, 25 years! That’s ...
Read More
Survey: Consumer Home Delivery Preferences

Survey: Consumer Home Delivery Preferences

In the eCommerce landscape, the way brands interact with their customers is evolving. While optimized store ...
Read More
How to Evaluate Carrier Performance Across Diverse Networks

How to Evaluate Carrier Performance Across Diverse Networks

Carrier Diversification allows businesses to: 1.  Compare and choose the most cost-effective shipping rates. 2.  ...
Read More
How AI and Machine Learning are Transforming the Logistics and Supply Chain Industry

How AI and Machine Learning are Transforming the Logistics and Supply Chain Industry

Supply chains and logistics companies powered by AI (Artificial Intelligence) are seeing a 20% reduction in ...
Read More
Sifted at Home Delivery World 2024 – What to Know

Sifted at Home Delivery World 2024 – What to Know

On June 5-6, experts in direct-to-consumer shipping will gather at the Pennsylvania Convention Center in ...
Read More
Parcel Carrier Diversification 101

Parcel Carrier Diversification 101

Last mile delivery has never been more important to businesses. In 2023, the global last mile delivery market was ...
Read More
RILA LINK 2024 Recap: The Cutting-Edge of Retail Supply Chains

RILA LINK 2024 Recap: The Cutting-Edge of Retail Supply Chains

At the end of February, supply chain leaders from the nation’s largest retailers converged in Dallas for the ...
Read More
Sifted’s Caleb Nelson Named 2024 “Pros to Know” Award Recipient

Sifted’s Caleb Nelson Named 2024 “Pros to Know” Award Recipient

KANSAS CITY, Missouri - Sifted, the trailblazer in Logistics Intelligence™ is proud to announce that Caleb Nelson, ...
Read More
Meet Sifted at LINK 2024

Meet Sifted at LINK 2024

At the end of February, the top supply chain leaders from some of the nation’s largest retailers will converge in ...
Read More
Parcel Carrier Comparison Guide

Parcel Carrier Comparison Guide

In the intricate landscape of parcel shipping today, shippers navigate a complex web of carriers, each with its ...
Read More

How Sifted Works

Connect to
your account

Sync
your data

Power your
dashboards

Get Your Logistics
Intelligence Demo

Strategic ways to prevent loss down the line

Services you could be utilizing right now for savings

Ways to cut material costs without cutting quality

Shipping Insights & Alerts
Get updates and track the things impacting your business most

Decision Support
See how supply chain adjustments pay off before you pay out

Carrier Management
Streamline how you manage your carrier operations and contracts

Business Automation
Let software do what it does better than people can

Blog
Discover news, tips, and industry best practices

DIM Weight Calculator
See how DIM is impacting you

Podcast
Hear from industry experts on LeaderShipping

Case Studies
Learn how other brands use
Logistics Intelligence

Carbon Calculator
Calculate your CO2 Emissions

Guides
Download free reports and
expert how-tos

Demo
Get a personalized tour of our software

About Sifted
Get to know Logistics Intelligence

Logistics Intelligence
For parcel shippers

Let's get you to the right place!

SIFTED DASHBOARDS
For parcel shippers

AMAZON
Redirect to Valence Intelligence Login

Not sure if you have an account? Email [email protected].