Offset additional costs in Peak Periods and drive profitable growth with Dynamic Pricing – Open Pricer

▤ Summary

Major parcel carriers such as UPS and Fedex, announced peak period surcharges, into efforts of restoring profitability. Domestic residential deliveries will incur a $1 to $5 surcharge depending on how much the shippers’ parcel volume exceeds pre-pandemic levels. More sophisticated strategies consist in identifying network peaks and valleys using demand forecasting at a thinner level of detail (by lane and calendar date). Measuring costs, capacity utilisation and consumers’ willingness to pay at a detailed level (by date, network point/transportation segment, postal code) is a prerequisite to implement dynamic pricing. Our smart pricing platform encompasses demand forecast, estimation of Willingness to Pay (WTP) and profit simulation.

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Open Pricer

$1M to $5M