The Small Package Module ®
“Software developed by 3PL’s for 3PL’s”
Each day, approximately 900,000 packages shipped by UPS, FedEx, or DHL, arrive late or not at all. This means that almost a million consumers receive sub-standard service, which hurts the reputation of the manufacturer or seller, and over $7,000,000 in refund money goes unclaimed daily.
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Statistics
With the capabilities of our Small Package Module, your clients can improve the reliability of their small package shipping, reduce the amount of money spent on sub-standard performance, and use its gathered data to analyze your shipping performance and make the best carrier rate negotiation bids possible.
On average our customers:
- Save 3.2% with the SPM Audit
- Save .81% from correcting bad addresses
- Save 7.18% by performing a carrier rate
negotiation using the data from the SPM reports
- Total Savings: 11.19%
Cost Recovery
Cost recovery, as implied, is money recovered after the fact by receiving credits or refunds
from UPS, FedEx or DHL. TMS Technologies’ SPM carrier performance auditing searches for the following:
- GSR’s And Exceptions
- No Proof Of Shipment
- Information for Address Corrections
- Billing Rates
- Duplicate Billing
- No Proof of Delivery
- Residential Surcharges
- Information for Damage Claims
- Fraud Detection (Third Party Abuse)
Cost Reduction
Once cost recovery has been preformed and package data has been collected, cost reduction can begin.
General Ledger Coding (GL Coding) can be used to increase efficiency in the accounting department.
Automation of carrier payables, enforcing cost allocation rules, and simulating alternative inventory
distribution are just some of the ways in which the package data can be used to reduce parcel shipping costs.
Address Correction account for almost 1% of a company’s total parcel shipping costs.
The SPM weekly reports provide you with the necessary data to correct this problem and avoid unnecessary changes.