Wholesale Dollar Items Freight Costs Management

One of the main things affecting your cost of goods sold is your cost of freight.  You do not want to pay too much money to have your wholesale dollar items transported because it will lower your profits.  Make sure you do whatever you can to lower your freight costs as much as possible.

An obvious factor when it comes to freight costs is where the merchandise is being shipped from and where it is going.  If you are shipping from hundreds of miles away, you would certainly pay much more money than if the merchandise were coming from the next town over.  This means you should work to find the closest supplier carrying exactly the items you need.

You should be aware freight brokers exist for a reason.  They can help small business owners transport their goods at a reasonable price.  You can find great deals if you get in contact with the right broker.  Contacting a broker is especially a good idea if you have a last-minute shipment of goods.

Many owners bypass brokers and work with freight companies directly.  You should try to negotiate a good deal, especially if the company really wants your business.  Avoid trying to find a new company to do business with every so often.  By working out a long-term contract for the shipments you will need to routinely replenish your inventory you can save money.

Managing your inventory efficiently will also help you control freight costs.  It is best for you to not have items shipped before you actually need them.  If you do, you will have to devote room for storing them while they are not working to make you any money from your investment.  If you can get by temporarily with a few less items on the shelves, you should try to do so.

An easy way to do this is to go around your store throughout the day and tidy up all the shelves.  Pull items to the front of the shelves.  You do not want customers to have to reach all the way to the back to get your wholesale dollar items.  By pulling them to the front it will look like the shelves are fully stocked.  Using shorter peg hooks will also help in this regard since there will be less space to fill with merchandise.

As an owner, it is very important for you to manage your freight costs of wholesale dollar items to the very best of your ability.  The more money you save in this area the more money you will make from your business.