From Frustration to Efficiency: Simplifying Freight Cost Allocation
Handling the cost of freight can be a significant challenge for any retail business. For some, a substantial freight charge on an invoice can be a source of frustration. For others, the practical struggle lies in accurately apportioning that single cost across all the different items in the shipment.
Let’s start with the frustration. The simple truth is that every single item you receive has a freight cost associated with getting it to your store. Sometimes this cost is clearly itemised on your invoice; other times, it’s hidden within the cost of the goods themselves. But either way, it is always there.
The second challenge is the practical one: how do you accurately assign a portion of a $150 freight bill to hundreds of individual products on an invoice? This is where our Tower Systems POS software can help make the process easy.
In our software, you can take the total freight charge shown on an invoice and have it automatically apportioned across all items received. This ensures the landed cost of each product is accurate. The system is flexible, too. If you feel a specific product should carry more or less of the freight burden, you can easily adjust it manually. Plus, if your invoice has more than one freight charge, you can add them all in to be spread across the items.
Handling freight costs accurately and quickly is essential for maintaining healthy margins. Our software is designed to save you time on these crucial back-office tasks. We believe that every minute saved is valuable. Labour has a cost, and the more we can do to help retailers reduce this, the better.
Our software provides independent small businesses with a framework for consistency in their operations. By simplifying processes like freight allocation, we help you establish a reliable and accurate method for reflecting the true cost of your goods, paving the way for smarter pricing and better business decisions.
We love helping local small business retailers thrive. We do this for bookshops, sewing shops, music shops, garden centres, pet shops, toy shops, produce businesses, stockfeed businesses, jewellers, firearms dealers and more – all specialty retailers, all with unique needs, yet businesses with common needs when it comes to managing freight costs.
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