Comments on: How to save money, and time, shipping packages http://www.moneymythos.com/2007/11/09/how-to-save-money-and-time-shipping-packages/ A narrative financial and investment column Fri, 05 Sep 2008 17:41:01 +0000 http://wordpress.org/?v=2.6 By: usps holiday hours | News Site Links http://www.moneymythos.com/2007/11/09/how-to-save-money-and-time-shipping-packages/#comment-1418 usps holiday hours | News Site Links Tue, 25 Dec 2007 17:31:52 +0000 http://www.moneymythos.com/2007/11/09/how-to-save-money-and-time-shipping-packages/#comment-1418 [...] How to save money, and time, shipping packages [...] [...] How to save money, and time, shipping packages [...]

]]> By: The Carnival Of Personal Finance (#126) | Million Dollar Journey http://www.moneymythos.com/2007/11/09/how-to-save-money-and-time-shipping-packages/#comment-1088 The Carnival Of Personal Finance (#126) | Million Dollar Journey Mon, 12 Nov 2007 07:41:30 +0000 http://www.moneymythos.com/2007/11/09/how-to-save-money-and-time-shipping-packages/#comment-1088 [...] How to Save Money and Time Shipping Packages by The Money Mythos [...] [...] How to Save Money and Time Shipping Packages by The Money Mythos [...]

]]> By: Howard http://www.moneymythos.com/2007/11/09/how-to-save-money-and-time-shipping-packages/#comment-1079 Howard Mon, 12 Nov 2007 00:17:16 +0000 http://www.moneymythos.com/2007/11/09/how-to-save-money-and-time-shipping-packages/#comment-1079 Your readers should also be aware of calculating the Dimensional Weight of packages to avoid overcharging. Here is some background: DIM Weight The dimensional weight (DIM) formula is (length × width × height)/194. All air packages are subject to DIM rating (the size does not matter). Ground packages are DIM rated above 5184 cubic inches. Anything over 5184 cubic inches will be dimensioned by the courier company. For example, a 20" × 20" × 20" box weighing 20 lbs, using the calculation, has a DIM weight of 41.23 lbs. Your courier company will use that DIM weight to calculate your shipping charge and you will be rated at 42 lbs, incurring additional cost. Extra charges mount up when a shipper does not dimension boxes because of inefficiencies in the mailroom or warehouse process – where there are too many box sizes, poorly trained staff or DIM calculations will slow the shipping process. How much would DIM weight miscalculation cost an organization? Through our sources, some companies can experience a 3 to 20 per cent increase in shipping costs. Based on a poll taken at a recent trade show, there is increasing interest in managing these costs and tuning processes. Your readers should also be aware of calculating the Dimensional Weight of packages to avoid overcharging. Here is some background:

DIM Weight
The dimensional weight (DIM) formula is (length × width × height)/194. All air packages are subject to DIM rating (the size does not matter). Ground packages are DIM rated above 5184 cubic inches. Anything over 5184 cubic inches will be dimensioned by the courier company.

For example, a 20″ × 20″ × 20″ box weighing 20 lbs, using the calculation, has a DIM weight of 41.23 lbs. Your courier company will use that DIM weight to calculate your shipping charge and you will be rated at 42 lbs, incurring additional cost.

Extra charges mount up when a shipper does not dimension boxes because of inefficiencies in the mailroom or warehouse process – where there are too many box sizes, poorly trained staff or DIM calculations will slow the shipping process.

How much would DIM weight miscalculation cost an organization? Through our sources, some companies can experience a 3 to 20 per cent increase in shipping costs. Based on a poll taken at a recent trade show, there is increasing interest in managing these costs and tuning processes.

]]>