Parcel shipping operations face significant challenges, with many organizations struggling to gain visibility and control over their shipping costs despite advancements in supply chain technology. Complexities arise from non-standardized data and intricate carrier contracts, leading to a reliance on consultants for cost management through a gain-share model. However, emerging data science and AI allow shippers to analyze vital factors like shipping spend and surcharges, enabling proactive management of costs and improved negotiations with carriers. This shift empowers organizations to optimize shipping strategies and minimize common mistakes, enhancing overall efficiency in parcel management.

Source: https://www.scmr.com/article/parcel-shipping-spend-the-untamed-holdout-in-todays-supply-chains