Rate Modeling and Simulation
Every year the carriers announce their General Rate Increase which is essentially their price list. This year both carriers announced that the increase would be an average of 6.9%. However, that doesn’t consider surcharges, rules, or more importantly your specific shipping profile. It makes a big difference what services you use the most. The 2023 macro analysis we did showed the real average was 10.2% for UPS and 9.1% for FedEx?
The GRI Impact analysis takes all the averages away and gives you the actual increase by modeling the GRI Impact using your shipping profile and applying the new rates and rules to every package you shipped over a given date range. This shows you the areas in your agreement that are most impacted by the new rates and rules and points to where you might want to pay attention to or possibly renegotiate with the carrier (follow the money).
Benefits of Carrier Agreement Comparison
Forecast and Budget with Confidence
Don't get caught explaining why you've blown your shipping budget. Get an accurate impact of new carrier rates base on your unique shipping profile.
Lower Shipping Spend
Proactive comparison against market rates ensures you maintain the best possible rates and terms.
Take Proactive Action Before the Rates Take Effect
Know exactly where the new rates will impact you and proactively tke action to mitigate areas that impacty you the most.
Model and Simulate your Actual costs
Digitized agreements are put into a format that can be used by powerful modeling and simulation software. You can model new rates against your actual shipments down to the package level and run what-if simulation scenarios to get the real impact of rate changes.
Learn how you can budget shipping spend with confidence – book a demo today.
Get in Touch Now
Don’t settle for less. Learn how Reveel can help you take full advantage of active agreement monitoring to save you money with each carrier relationship. Contact us today to request a free demo.
How it Works
- Sign Up for an Account
Register for a FREE account on our website and gain access to our powerful suite of tools.
- Add Your Contracts
Upload or manually add your carrier contracts into Reveel. Our system will automatically parse and index the key data points within your agreements.
- Save More Money
We analyze your carrier contracts and provide recommendations on how to improve your current parcel shipping agreement terms.
Why Choose Reveel?
Reveel’s Carrier Management features fully integrates with your business, providing you with a complete view of your contract monitoring, FedEx and UPS shipping discounts, and more. We help you save time and money by automating your contract management processes and quickly identify opportunities for savings over time. With a team of former sales executives from UPS, DHL and FedEx, we know first-hand how to optimize your carrier contracts. We’re passionate about helping our customers save money and improve their overall parcel shipping experience.s