FAQ: Shiplify's Accessorial ROI Calculator and Its Impact on Freight Management
Summary
Shiplify has launched an innovative Accessorial ROI Calculator designed to provide upfront visibility into freight invoicing, aiming to reduce disputes and preserve profits for shippers, carriers, and 3PL providers.
What is Shiplify’s Accessorial ROI Calculator?
Shiplify’s Accessorial ROI Calculator is a tool that provides real-time estimates of potential savings and billing clarity in freight invoicing for shippers, carriers, and third-party logistics providers before a shipment moves.
Why is the Accessorial ROI Calculator significant?
It addresses the reactive nature of freight invoicing by offering upfront visibility into accessorial charges, thereby reducing disputes, preserving profits, and improving collaboration across supply chain partners.
How does the Accessorial ROI Calculator work?
Users enter their shipping volumes and monthly accessorial fees into the calculator, which then uses proven benchmarks and Shiplify’s proprietary data to provide an instant estimate of accessorial savings.
Who can benefit from using the Accessorial ROI Calculator?
Shippers, carriers, and third-party logistics (3PL) providers can benefit from using the calculator to gain insights into accessorial charges and improve their freight management strategies.
What are accessorials in freight shipping?
Accessorials are additional services or fees in freight shipping, such as residential delivery, liftgate use, and limited access, that can impact shipping costs.
How does the calculator help in reducing disputes?
By providing upfront visibility into accessorial charges, the calculator helps prevent surprise fees, fostering transparency and trust among shippers, carriers, and brokers.
Where can I test Shiplify’s ROI Calculator?
You can test Shiplify’s ROI Calculator by visiting https://shiplify.com/roi-calculator/.
Who is behind the development of the Accessorial ROI Calculator?
North Winship, President of Shiplify, is behind the development of the calculator, emphasizing a commitment to transparency and collaboration in freight management.
What research supports the need for the Accessorial ROI Calculator?
Research from Bart De Muynck Strategic Advice highlights how accessorials erode margins and spark disputes, underscoring the need for tools like Shiplify’s calculator for proactive accessorial billing.
Can I download additional research on LTL shipping?
Yes, a complimentary version of the research, ‘Untangling the Hidden Costs and Blindspots in LTL Shipping,’ authored by Bart De Muynck, can be downloaded from Shiplify’s website.
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