Shipping costs are a major concern for many businesses, especially with rising fuel prices and increased customer expectations for faster deliveries. In fact, research shows that 38% of consumers will abandon their cart if shipping costs are too high, and 55% of retailers see shipping as a significant area to reduce costs (source: National Retail Federation). This is where Insight Works comes in, offering innovative solutions to streamline your shipping processes, reduce costs, and improve delivery times.
Addressing the Pain Points of Shipping Costs
For businesses that rely on shipping, reducing costs is not just about negotiating better rates with carriers. It’s about optimising the entire shipping process, from inventory management to choosing the best shipping options for each order. Insight Works’ solutions focus on eliminating inefficiencies that contribute to inflated shipping costs.
One of the main pain points in shipping is the lack of visibility into inventory levels. According to Statista, 48% of companies in the logistics industry report that inefficient inventory management leads to delayed shipments, resulting in lost sales. Insight Works’ integration with Business Central helps you maintain real-time, accurate inventory data, so you never face stockouts or overstock situations that can lead to unnecessary shipping delays.
Reducing Shipping Costs with Better Inventory Management
The first step in cutting shipping costs is ensuring that your inventory is always optimised. Insight Works’ solutions like Advanced Inventory Count offer automated, accurate stock counting, which reduces the risk of understocking or overstocking. This leads to more efficient order fulfilment and, ultimately, more cost-effective shipping.
In fact, businesses that implement automated inventory management systems see a 22% reduction in inventory costs (source: Business News Daily). By integrating Insight Works with your existing Business Central system, your team can instantly access up-to-date inventory data, allowing you to make smarter decisions about stock replenishment and fulfilment.
Streamlining the Shipping Process to Improve Delivery Times
Reducing shipping costs also means improving delivery times. Customers expect faster deliveries, and businesses that can’t meet those expectations risk losing sales. According to McKinsey, 73% of consumers are willing to pay more for faster delivery. With Insight Works’ shipping module, you can automatically calculate the best shipping method based on cost, delivery speed, and customer location.
By using real-time shipping data and making automatic decisions on shipping carriers and routes, businesses can reduce delivery times and improve customer satisfaction. Faster deliveries not only improve customer retention but also reduce costs by optimising the supply chain and minimising returns.
Enhancing Customer Experience with Real-Time Updates
Another way to reduce shipping costs and improve delivery times is by enhancing the customer experience. 60% of customers expect to receive real-time tracking updates on their shipments (source: UPS Pulse of the Online Shopper).
Insight Works enables automatic integration with your carriers, allowing customers to receive timely shipping updates. This transparency boosts trust and ensures customers are happy with their delivery experience. In addition, when customers have the information they need about shipping delays or issues, businesses can reduce costly customer service calls related to shipping inquiries.
Improving Decision-Making with Actionable Data
Insight Works doesn’t just provide tools to optimise your shipping process—it gives you the data you need to make better decisions. With comprehensive reporting features, you’ll gain insights into shipping costs, delivery performance, and customer satisfaction trends. This data empowers you to make strategic decisions about shipping methods, shipping partners, and how to optimise your inventory management for lower costs and faster deliveries.
The Results: Reduced Shipping Costs and Faster Deliveries
The combination of better inventory management, optimised shipping processes, and real-time insights ensures that your business can cut shipping costs while improving delivery times. According to Accenture, businesses that embrace automation and intelligent data solutions can cut operational costs by up to 20%.
With Insight Works, businesses can enjoy more efficient fulfilment, reduced shipping costs, and happier customers—all while enhancing operational efficiency.
Conclusion: Optimise Your Shipping and Save
Shipping and delivery issues should not hold your business back. Insight Works’ solutions help businesses cut shipping costs, improve delivery times, and optimise the overall fulfilment process. By automating key shipping tasks and improving order accuracy, businesses can offer faster, more reliable service while also saving money.
Ready to take control of your shipping and delivery processes? Book a free demo today and see how Insight Works can help reduce costs and improve delivery times for your business.