Every month, fedex.com receives over 55 million unique visitors. Every day, there are over 150 million package-status tracking requests.

FedEx moves an average of 14 million shipments each business day. With such a volume, errors are bound to occur. These errors can be costing you money and increasing your shipping costs.

Maximize Your Profits

To maximize your profits, you need to minimize your expenses. Shipping is a major expense. It eats into your bottom line. With FedEx auditing, you will be able to minimize shipping costs.

Spot Check

FedEx merely does a spot check. This is inefficient. It cannot identify all the shipping errors. Thus, there is the need for an independent audit.

Errors

Errors include late delivered packages, mistakes, and overcharges. FedEx can overcharge you for a delivery. Small errors committed on a regular basis can end up accumulating to a lot of money. By identifying these errors and sealing the loopholes, you will end up saving money.

Carrier Contracts

Your contract with FedEx might be disadvantaging you. Thus, you need to examine your carrier contracts with UPS and FedEx. This will help you to be in a good position to negotiate better contracts.

In-House Auditing

FedEx auditing can be an in-house affair. That will require substantial capital investment. A business will need to set up a department that will deal with this activity. Such a department will require computers and other equipment. There will also be the need for the best auditing software.

Outsourcing

The best way of handling FedEx auditing is outsourcing the whole affair. This will reduce the burden on an organization. Small parcel auditing is not a primary business activity. It does not add direct value to the bottom-line. Thus, outsourcing this activity is highly recommended.

Parcel auditing requires industry knowledge and a high level of expertise. Finding the personnel who will carry out this activity and hiring them will be an involving affair. Such personnel will want a monthly salary and a pension package.

The leading FedEx auditing service providers out there are in a position to attract the best talent. In addition, they have the latest auditing software and hardware.

Refunds

After auditing, you will be able to get refunds if there are errors. If there was late delivery of a package and you paid expedited shipping, there will be late package refunds. In case of duplicate charges, the service provider doing the auditing will request for a refund.

Auditing will also focus on identifying billing mistakes. There might be bogus surcharges including address and DIM weight mistakes.

The Bottom-Line

FedEx is the number one shipping service provider. It is present in over 200 countries. Because of the large scale of operation of this company, FedEx errors are bound to occur. That is why there should be independent auditing.