Making DIM pricing Work for You
Online retailers were dealt a blow this winter when UPS and FedEx added dimensional weight pricing to calculate shipping costs for parcels under 3 cubic feet. DIM pricing is expected to affect about 30% of packages handled by the major carriers, with shipping rates expected to rise up to 25% on some packages. Even though DIM pricing is a needed push for efficiency, retailers are concerned about cost and product safety.
Instead of panicking, retailers can embrace dimensional weight pricing as motivation to upgrade their operations, making them more efficient and eco-friendly. Here is a step-by-step guide I recently shared with retailers at IRCE to evaluate current processes and make the most of dimensional pricing.
Here is a step-by-step guide recently shared with retailers at IRCE to evaluate current processes and make the most of dimensional pricing.
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