))
24. What You Need to Know About Shipping carriers in 2024 with Josh Taylor
Manage episode 396834219 series 3264255
Indhold leveret af Russell Steed and Emerson Hammer, Russell Steed, and Emerson Hammer. Alt podcastindhold inklusive episoder, grafik og podcastbeskrivelser uploades og leveres direkte af Russell Steed and Emerson Hammer, Russell Steed, and Emerson Hammer eller deres podcastplatformspartner. Hvis du mener, at nogen bruger dit ophavsretligt beskyttede værk uden din tilladelse, kan du følge processen beskrevet her https://da.player.fm/legal.
Summary
In this episode, Russell and Emerson interview Josh Taylor from Shipware, a cost reduction company specializing in shipping. They discuss the complexity of shipping rates, when brands should consider breaking off from 3PL rates, negotiating 3PL contracts, balancing shipping costs, the impact of the UPS strike and USPS, expectations for 2024, and low-hanging fruit practices during GRI season. In this conversation, Josh Taylor discusses various aspects of the supply chain and the shipping industry. The conversation covers the profitability of complexity, the ever-changing landscape of the shipping industry, and the importance of avoiding the use of declared value. Overall, the conversation provides insights into the challenges and opportunities in the shipping industry.
Takeaways
Understanding the complexity of shipping rates is crucial for brands to optimize their shipping costs.
Brands should evaluate their shipping profile to determine if they should break off from 3PL rates and negotiate their own rates directly with carriers.
Auditing shipping invoices and understanding surcharges can help brands identify potential cost savings.
The shipping landscape is evolving, with more regional carriers and innovative solutions emerging.
During GRI season, brands should review their shipping contracts and negotiate discounts on surcharges like fuel surcharge.
Chapters
00:00 Introduction and Background
03:23 The Complexity of Shipping Rates
08:23 When to Break Off from 3PL Rates
15:17 Negotiating 3PL Contracts
19:16 Balancing Shipping Costs
25:41 Impact of UPS Strike and USPS
31:01 Expectations for 2024
35:08 GRI Season and Low-Hanging Fruit Practices
40:42 Profit in Complexity
41:00 The Ever-Changing Landscape of the Shipping Industry
41:30 Avoid Using Declared Value
31 episoder
Del
