#supply-chain
Thread
@here Bit of an ask - What percentage of your overall expenses is typically spent on warehousing, fulfillment, and shipping costs?
17% of ecom revenue in 2024, up from 15% in 2023 and 13% in 2022. We are gonna focus on getting it reduced this year.
Thanks! Who do you use?
they are called MONTA, and return portal is PostCO (very good)
Interesting - Are they both simply upping their prices or whats driving the 2% increase p/y?
base prices haven’t changed, there just seem to be more hidden fees, a bit more returns, etc.
I always wonder if how thought out that is by products that are that sticky...
Around 12 - 14%, depends on stock levels
We also work with Monta
Thanks!!
We switched from Monta, they increased prices really fast in a few years. Now have a 3PL + 4PL solution under one roof
20%. We faced many penalties from transporters because of our bulky items. We are also going to focus on reducing it this year.
If I deduct the charged shipping expenses towards clients we get to 17%.
@Willem van den Eertwegh who did you switch to?
@Kasper - LABFRESH GEODIS, in corporation with a daughter company , one of the biggest transportation company in the world. Has some benefits once you have the scale the process gets tailored to your company instead of the other way around at monta for example
Right… looks like we’re all looking to reduce this cost!
Does anyone have insight into what Margin they're applying? It seems to typically be between 2% & 5%
At 13% here! 🙂