Stord Parcel Services.pdf
Stord, Inc. Atlanta, Georgia
Make Your Supply Chain a Competitive Advantage
Stord Fulfillment
Parcel Services
Reduce parcel expense, meet or exceed customer delivery expectations, and boost
customer loyalty
For DTC/B2C and omnichannel brands, last mile delivery and parcel expense can be one of the largest costs, impacting any order’s profitability. Traditionally, brands have negotiated with a shipping provider for package delivery at standard service levels. This often results in excess costs from higher service levels than needed and/or dissatisfied customers as packages don’t always arrive as promised.
With Stord Parcel Services, brands can optimize the service delivery level for each package, based on customer expectations, actual delivery performance, fulfillment location to delivery location and of course, cost. This not only drives significant cost reduction but boosts customer satisfaction as your packages are delivered on time.
Too many companies are trapped overspending on last mile shipping to ensure they can deliver on time. But with Stord, you can benefit from advanced modeling, optimization, and automation that identifies the right carrier and service level for each order. This way, you’ll stop spending on a higher service level than actually is needed. Finally, be confident in meeting your ‘2 day shipping’ promise -(expected by 70% of consumers without excessive parcel spend!).
service method A | service method B
Example: Optimized parcel service delivery can identify the best carrier and method for each of your individual orders
How It Works
Unlike simple, standard carrier ‘rate shopping,’ our Stord One software platform evaluates each package’s individual characteristics in real-time, and selects the most efficient and cost-effective service level and delivery provider that will meet the expected delivery date. And by negotiating competitive, volume-based rates with national and regional shipping carriers across our entire customer base, we can pass those savings to you.
Selecting the Right Carrier and Service Level
- Gate Shopping: Identify shipping carriers and service levels that can handle specific shipment characteristics (size, geography, etc.) on cheaper methods when you can still guarantee 2-day delivery.
- Date Shopping: Identify shipping carriers and service levels that can handle delivery speed requirements and ‘Deliver by’ dates based on predictive modeling from historical performance.
- Rate Shopping: Select the most price effective carrier and service level at the moment of label generation.
| Economy | Residential Ground | Commercial Ground | |
|---|---|---|---|
| Second Day | 3 Day | Standard Overnight |
Stord offers parcel service and delivery via a number of leading national, international and regional carriers. Our range of delivery methods can meet your specific requirements. These include:
Stord Parcel Service Options
Will:
| With | Stord Parcel Services, Your Brand |
|---|---|
| Decrease parcel spend while hitting delivery time | |
| Boost customer satisfaction by meeting/exceeding customer delivery expectations | |
| Optimize parcel carrier selection for speed, cost, and accuracy by using predictive decision making on a per-order basis | |
| Benefit from competitive vendor negotiations without the hassle and complexity |
Inbound Orders
Delivery Method A
Fulfillmenttruck-container
Last Mile Delivery
Optimized Parcel Method Selection
- Identify Eligible Carriers and Methods
- Filter for Delivery Speed
- Save on Cost Decision 99% certainty
Stord Parcel In Action
Gate Shopping
Limit to Carriers and Methods Which Can Handle this Shipment.
Stord manages carrier-level eligibility conditions on your behalf, thus eliminating the need for you to manage complex business rules on your side.
For example, we would evaluate the following shipment information:
- From ZIP: 89433
- To ZIP: 98178
- Address: 123 Main Street
- SKUs: 1
- Dimension: 9x6x4
- Weight: 3 lbs
- Hazmat: Yes (Lithium Ion)
And determine details like applicable shipping methods:
- Economy, Residential Ground, Commercial Ground
- Second Day, 3 Day, Standard Overnight
Date Shopping
Limit to Carriers and Methods Which Can Meet Delivery Speed Requirements.
Next, we do a second pass to understand speed constraints - by modeling the probability of each method of actually hitting the required date, we filter out all methods that won't meet your promised delivery SLA. For example, if the required delivery by date is set, methods that do not predictively show delivery in time will be eliminated.
Rate Shopping
Select Least Expensive Available Carrier and Method.
At this point, we analyze the cost. Other systems would call out to all carriers to rate shop. Instead, we model predictive rates to determine which of the appropriate methods will be the cheapest and only then connect to that single carrier to get the actual label.
Example rates for this shipment:
- Stord Second Day: $9.34
- Stord Residential Ground: $8.12
- Stord Economy: $5.95
In our final example, Stord Economy will deliver from ZIP 89433 to 98178 at a price that is $2.17 cheaper than the other two options, within the time frame needed, and is our selection.