After beginning to work with Nyle, our clients have drastically improved their efficiency by switching their shipment methods from Standard Parcel Delivery (SPD) to Full Truck Load (FTL), resulting in increase of total annual profits by 28%
Logistics team productivity increased by
Storage fees reduced by
Shipping costs decreased by
costs in FBA shipments
per LB
Overstock Storage Costs
per LB
Lost Sales and Damage of Ranking
per LB
By reduction SPD ratio of shipments (from an average cost of $0.70 to $0.26 per lb) and LTL rates optimizations with the partner program, eliminating of Out Of Stock events and implementing qualitative planning, they were able to achieve massive shipping cost reduction.
Optimization of international shipments
Per lb
LTL rate optimizations
Per lb
Since they stopped keeping large amount of stock with low sales velocity, they started to see significant savings on storage fees. As we started to plan well ahead, we were able to stock up for at least two weeks. Now we started to send out FTL shipments (Full Truck Load) every month with at least 4 weeks of coverage.
By packaging their product lines together for maximum cost effectiveness and by using predictive analytics to forecast future demands, they were ableto decrease the number of SPD deliveries from 100 percent to 10 percent and replace them by LTL shipments.
SPD ratio in total shipments