Every dollar spent on freight is one less dollar of profitability for your business.
Sure, some of your suppliers offer free freight minimums. Here’s the problem: with dozens of vendor relationships and policies to keep straight, it’s almost impossible to remember which supplier offers what.
In this post, we’ll explore how software (such as our RestockPro platform) can help you cut back on unnecessary shipping expenses.
Siloed Supplier & Restocking Databases
Some sellers make the mistake of storing important supplier details in spreadsheets. Others utilized third-party contact management systems or CRMs. While better than nothing, there’s a distinctive drawback to this approach: lack of clarity during restocking.
For example, let’s imagine that your FBA levels start to run low for several top-selling items. All three of these ASINs originate from the same supplier, Big Box Toys, Inc. If you’re managing restock activity in your Seller Central account but collecting vendor info in a separate CRM, you’ll need to:
1. Log in to your Seller Central account and check current inventory levels for each ASIN.
2. Open a new tab or browser.
3. Log in to your CRM.
4. Find the correct supplier’s record.
5. Sift through your past notes or custom fields to identify the free freight minimum level.
6. Do some math (probably in a spreadsheet) to see if your desired reorder amount qualifies for the discount.
7. Start working on your purchase order and inbound FBA shipment.
Now, multiply this process across the many vendors that you deal with each day. As you can see, there’s a lot of unnecessary clicks and steps associated with a disintegrated workflow. Wouldn’t it be nice to have one system that merges together all supplier information, restocking activity and FBA management? What if that system also offered an at-a-glance view of your free freight-eligible reorders and allowed you to quickly build POs?
Our RestockPro tool does exactly that. Here’s how.
How to Automatically Track Free Freight Minimums
To get started with a better process, just connect RestockPro to your Amazon Seller Central account. Once connected, you can easily import all of your suppliers and define your restocking rules. RestockPro then goes to work, continuously importing and monitoring your active product catalog, Amazon orders and FBA inventory levels. As things change, RestockPro applies your business rules, creating a sequenced list of suggested restocking activities.
For suppliers who offer a free freight minimum, simply update each vendor’s record in RestockPro. Unlike your CRM, which wasn’t designed for the specific needs of FBA sellers, RestockPro makes it easy to add and edit your free freight minimum levels. Our supplier page template has a standard form field to capture this information.
Now, from your RestockPro Suggestions page, you can quickly check those suppliers with order volumes exceeding your free freight minimum rules. No more digging through multiple systems and spreadsheets. RestockPro tells you exactly what you need to know, when you need it most.
Stop Overpaying for Supplier Freight
In the short term, paying too much for freight isn’t going to break the bank. However, in the long run, you might waste thousands of dollars that could be otherwise invested in inventory. Leveraging a tool like RestockPro helps you minimize your freight expenses (in addition to simplifying your entire supply chain).
Ready to streamline the management of free freight minimums? Give RestockPro a try today. Try it now and stop overpaying for supplier freight.