What is Routing Accuracy?
Routing accuracy refers to performing specified activities/shipping by following the administrative specifications. Which resource (both man and machine) will perform what activity is specified in detail according to administrative specification and is within 10% of the actual requirements.
With routing accuracy, brands can identify any loopholes in their pre-existing routing processes, thus allowing them to optimize such systems and ensure lower transit times.
Significance of Routing Accuracy in an E-commerce Shipping and Delivery
Routing accuracy plays an inherent role by allowing administration to determine the accuracy of the planned routes while considering associated overhead costs. Here are some added benefits of routing accuracy:
- Accuracy while shipping: As every requirement is always specified, the shipping process becomes more streamlined. Companies can save transit time and deliver products safely to the location.
- Streamlined inventory management: The specification provided by administration helps a freight forwarder to ensure that the products are received at the right place at the right time. It negates inventory management problems like overstocking and stockouts.
Prerequisites of Routing Accuracy and How It Works
There are no specific pre-requisites for routing accuracy as specifications are forwarded from administration. Here is how routing accuracy works:
- Data collection and analysis: Accurate, real-time information such as customs regulations, weather conditions, and shipping lanes are gathered.
- Routing and execution: The route is planned per the gathered data and executed along with other shipping partners.
- Monitoring: Routing accuracy is a continuous process. Communication is facilitated to ensure adjustments are made and the courier stays in the most optimal route from a given position.
Use Case with Routing Accuracy
A manufacturer in Australia received an order to ship 10,000 handbags from Phuket. By following the routing accuracy method, the most optimal route was selected, and the products were delivered at Bangkok.
