With the rise of e-commerce and the growing number of parcels being shipped across the globe, it’s important to have an efficient way to track your shipments. Like account financial auditing, parcel auditing is also a mechanism by which you will know what parcel auditing is.
What Is Parcel Tracking?
The growing shipping of parcels is more prevalent in developed countries like the US, with an estimated 21.5 billion parcels shipped in 2021 in the country. Companies are trying to keep up with it. As a business owner, you need to ensure that your parcels get delivered in a timely manner.
Parcel auditing allows you to gain access to data about your shipments and see what’s happening with them. You can use this information to improve your service and make sure that your customers are getting what they pay for.
Benefits Of Having The Parcel Tracking
Let’s take a look at how each of the benefits of parcel auditing works in practice!
1. Real-Time Tracking
Real-time tracking is a feature that allows customers to see the exact location of their package in real-time as it travels along its route. Many companies provide this feature in order to improve the overall shipping experience for their customers.
This includes providing accurate delivery schedules, giving customers access to their tracking numbers, and allowing them to see exactly where their packages are at any given time.
According to Yifat Baror, the chief growth officer of Verte,
“Customers are extremely interested in tracking their packages.
So real-time visibility of the retailer supply chains is becoming more important.
In addition, the survey by the same company revealed that a staggering 91% of consumers track their orders.
This is because they want to know that it’s being handled carefully and efficiently or if there are any snags along the way. If a customer sees that their order is delayed or not moving at all, they will often contact customer service to find out what’s going on.
Parcel auditing allows you to keep your customers updated on the status of their packages. This gives you a chance to address any issues before they escalate into something more serious.
When you add up all these benefits, it’s easy to see why parcel auditing is such an important part of your business and how it can improve the overall shipping experience: it lets customers know when their packages will arrive and helps them solve problems as quickly as possible.
2. More Accurate Insights
Parcel auditing is the first step in ensuring that your shipping experience is as accurate and efficient as possible. Through parcel auditing, you can gain a better understanding of the shipping process at every step of the way.
That’s because parcel auditing provides insights into everything from your parcel’s location and condition to how long it takes to get from point A to point B. This data allows you to make more informed decisions about your shipping process, including how often you need to send out parcels and what kind of packages work best for each situation.
In addition to providing this valuable information, parcel auditing also helps reduce costs by ensuring that all packages are handled properly throughout their journey. This is especially important as companies move toward using digital platforms to interact with customers, who are increasingly expecting an improved experience across multiple channels.
For small businesses looking to provide a seamless customer experience, small parcel auditing lets them look deeper into the customer’s journey and better understand their expectations. This enables them to take actions based on these insights to offer what’s essential rather than what’s available.
3. Reduce Costs
There are a number of ways that parcel auditing reduces costs. First, it helps you find ways to save money on postage and packaging materials by ensuring that all materials are used in the most efficient way possible. This could mean using smaller boxes than you would use or using more recycled materials instead of new ones.
Second, it makes sure that your customers receive the right items on time and in good condition by making sure there is enough time allotted for delivery and that shipments arrive at their destinations when they’re supposed to.
Third, it makes sure that when customers receive an incorrect shipment or damaged goods, they can get them back quickly with minimal fuss and without having to pay extra fees.
Fourth, it ensures that there are no errors in your accounting records because they’re all entered correctly! Before they go out into the world, which means less time wasted on repetitive tasks.
4. Streamline the Shipping Lifecycle
Shipping and parcel auditing is a crucial part of the shipping lifecycle. It helps companies save money, manage their inventory, and make sure their customers are getting the best possible experience.
Let’s take a look at how auditing parcels streamlines the shipping lifecycle, improving your overall shipping experience.
- Reduce Inefficient Stock Storage: By auditing your inventory regularly, you can reduce inefficient stock storage. This means you’ll know exactly how much you have in stock, which makes it easier to keep track of what needs to be shipped out or replenished.
- Increase Efficiency: Parcel auditing also allows you to increase efficiency by making sure all products are accounted for and in working condition before they’re shipped out to customers.
- Know What You Have Before You Need It: The final benefit of parcel auditing is knowing what you have before you need it rather than guessing or hoping there will be enough inventory available when needed.
The bottom line is that parcel auditing is an important part of ensuring the success of your e-commerce business, with consumers’ inclination growing toward online shopping. Roughly 23% of US shoppers agreed to do more online shopping than earlier in 2022. Integrating efficient systems like parcel auditing is more important than ever for businesses.
Parcel auditing can help you improve your shipping process and better understand your customers, which will help you get more people to buy from you in the future.