A study by McKinsey & Company found that logistics companies that adopt digital technologies experience a 10-15% improvement in operational efficiency, including cost reduction and faster processing times. This underscores the importance of embracing technology to enhance both compliance and overall supply chain performance.
3. Optimize Packaging and Documentation
Optimizing packaging and documentation can also make a huge difference in reducing shipping costs. Properly packaging goods to minimize size and weight can lower freight costs, especially for international shipments where charges are often based on the dimensions of the package.
Additionally, ensuring that all required documents, including invoices, certificates of origin and packing lists, are accurate and complete can help avoid unnecessary delays or fines. Incomplete or incorrect documentation is a common cause of delays at customs, which can lead to expensive demurrage charges.
Staci Americas works with clients to ensure that packaging is optimized for both cost and compliance. Our teams are trained to ensure that the right documentation is in place, reducing the likelihood of holdups at customs and keeping costs low.
4. Consolidate Shipments for Cost Efficiency
Another effective way to cut costs in international shipping is by consolidating shipments. Instead of shipping items individually, consolidating multiple smaller shipments into a single, larger shipment can reduce transportation costs, especially for ocean freight, which tends to be more economical for larger volumes.
By leveraging regional fulfillment centers and consolidating shipments before they leave the country of origin, businesses can save money on freight charges and lower the carbon footprint of their shipping operations. Staci Americas’ bi-coastal strategy, with fulfillment centers on both the East and West coasts, allows us to consolidate shipments efficiently, providing cost savings to our clients while maintaining quick delivery times.
5. Work with Experienced Partners
Choosing the right shipping and logistics partner is critical to ensuring cost-effective and compliant international shipping. Experienced logistics providers can help you navigate the complexities of international shipping, ensure timely deliveries, and advise you on the best practices for cost reduction and compliance.
