11. Manage inbound freight. Multichannel merchants often spend 2 percent to 4 percent of gross sales on inbound freight. Yet this area is one of the most overlooked for significant cost reduction in many companies. Most successful companies that have paid attention to inbound freight view it as controlling inventory in transit. Since inventory is, in many cases, your largest asset, managing it well is critical to your success.
Roundup Fulfillment & Operations 15 Bottom-Line-Boosting
11. Manage inbound freight. Multichannel merchants often spend 2 percent to 4 percent of gross sales on inbound freight. Yet this area is one of the most overlooked for significant cost reduction in many companies. Most successful companies that have paid attention to inbound freight view it as controlling inventory in transit. Since inventory is, in many cases, your largest asset, managing it well is critical to your success.