Andy Sullivan’s Post

How are you managing your international returns? OR are you even offering them at all? 🧾🌎 Here’s how Swap can help with duty drawback! 🔁 Duty drawback is the total reclamation of tax, duties, and fees associated the import of goods. The main benefit of reclaiming these fees and refunding them back to your customer is international customer retention and CLV. Swap creates a seamless shopping experience, both outbound and when returning, for both domestic and international customers to make them repeat buyers.💰 #TheEcommerceOS #EcommerceEvolved #returns #dutydrawback

Updated, in light of developments around the brokered-freight transaction transparency issue -- a reminder of narrow ways around barriers brokers erect to obtaining transaction records, including what the shipper's paying. https://ow.ly/UU2x50QSNya

Are you ready to move business-to-business (B2B) parcels from Great Britain into Northern Ireland? HMRC has prepared a factsheet which contains important information to help businesses prepare for the new arrangements. Read more about the new GB-NI parcel movement rules >> https://lnkd.in/ewvFxn85

On 19 September, the Government confirmed a revised date for implementing new arrangements under the Windsor Framework for parcels and freight movements: 31 March 2025. 🗓️ HMRC has published a factsheet to help you prepare for the new arrangements for B2B parcel movements from Great Britain to Northern Ireland. 📦 There will also be a webinar on 21 November. 🧑💻 See here for more info 👉 https://lnkd.in/eThymvBr #B2Bparcels #CustomsUK #WindsorFramework

Shippers ICYMI UPS announced more changes and the GRI yesterday, impacting many shippers. Stay informed about these upcoming adjustments that will affect your shipping costs. - Starting October 26, 2024, credit card payments will incur an additional 2% surcharge. - Effective October 21, 2024, changes will be made to ZIP codes for Area Surcharges and Zones. - Effective December 23, 2024, Daily Rates for UPS Ground, Air, and International services will rise by an average of 5.9%. - Starting January 27, 2025, revised criteria will be used to calculate Large Package Surcharge and Additional Handling Charge (AHC). Stay tuned for more detailed information on how these changes may impact your shipping expenses. #UPS #ShippingUpdates #LogisticsChanges

Fun Fact: Formal Credit reporting got its start in 1776 with tailors in London, that agreed to share customer some intelligence to protect their industry from bad actors that would just go from shop to shop with no accountability. Like how LTL industry operates today, everyone learns the hard way. By sharing a little bit of data amongst competitors, it not only protected the merchants, but it also created accountability and trained customers on best practices for preferred pricing to the benefit of all. Soon there were hundreds of industry specific credit bureaus that eventually were consolidated to what we now know as the big three. Now, we all care about our credit scores and act accordingly. My Soap Box: The concept has been tested and proven effective for nearly 250 years. I believe it’s time for a Freight Score and LTL shipper accountability on over 20 metrics beyond just payments. The win isn’t just for the carriers, shippers benefit from vendor insights and customer visibility to understand who’s dragging my pricing down and why. Use the scores to create freight policies and incentives for trading partners and be more informed when approaching carrier negotiations. I know we don’t live on the bleeding edge in our beloved LTL industry, but the time and tech are perfect for data driven shipper scoring. Carriers are opening record amounts of (new-to-them) terminals and territories with the same reactionary tactics as English tailors in 1775. We can take a more mature perspective and raise the tide for the industry. Thanks for reading, now let’s do something about it. Ask your carriers about your Freight Score make sure they participate. I’m here to help. #LTL, #LTLCarriers

The Payments System Regulator has proposed the introduction of a price cap to protect UK businesses from increasing cross border interchange fees https://lnkd.in/e3uj7cXB #fees #interchangefee #retail #retailnews #cardpayments #eu #payments

+++Late Payments Agreement+++ It looks like the Rapporteur with EPP, S&D and Green Shadows have reached an agreement on the Late Payment Proposal along these lines: 30 days for G2B 30 days for B2B as a default for all contracts 60 days for B2B if previously agreed and not unfair  120 days for slow moving and seasonal goods Slow moving and seasonal goods will be defined in the legal text and eventually further set out in Commission Guidance. On the face of it, most retailers probably could live with this, although it does create more work internally without addressing the root causes of late payment. However, if this passes IMCO and Plenary, retailers can expect a decent looking compromise with the Council. One proviso: EPP, Renew and ECR are not aligned internally so expect a few splits to emerge. 😉

Shippers ICYMI UPS announced more changes and the GRI yesterday, impacting many shippers. Stay informed about these upcoming adjustments that will affect your shipping costs. - Starting October 26, 2024, credit card payments will incur an additional 2% surcharge. - Effective October 21, 2024, changes will be made to ZIP codes for Area Surcharges and Zones. - Effective December 23, 2024, Daily Rates for UPS Ground, Air, and International services will rise by an average of 5.9%. - Starting January 27, 2025, revised criteria will be used to calculate Large Package Surcharge and Additional Handling Charge (AHC). Stay tuned for more detailed information on how these changes may impact your shipping expenses. #UPS #ShippingUpdates #LogisticsChanges

In a move to ensure consumer facilitation, Bureau of Supply & Prices is working on guaranteeing that all such business places specially eateries have an alternative payment mode, i.e availability of debit/credit card payment facility. If you have encountered a business place which ought to have such facility but does not provides such, let us know in the comments below: