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One of the realities associated with owning and operating a dollar store is related to the huge volume of items you sell each and every day. After all, with dollar discount prices so low it takes several items to really generate the kind of average order your customers will be purchasing. With so many items selling, you will be spending a great deal of time and money purchasing wholesale dollar items to restock the shelves in your store. With all of those replenishment orders comes the need for transporting the merchandise from the suppliers’ warehouses to your store. As fuel prices and so many other costs climb ever-higher, dollar store owners quickly discover the huge amount spent on freight to bring the products they sell to their stores. The challenge of minimizing transportation costs is never ending. The more successful your store becomes, the more orders of wholesale dollar items you will be generating and the greater the number of loads of freight you will have transported to your store. There are some basic actions such as filling pallets until they touch the roof of the trailer and negotiating with wholesale dollar item suppliers for a freight cap or free-freight when certain conditions are met. While these steps are important, they simply are not enough. You need to start thinking of freight as a major expense which must be continually monitored and minimized. Maximize the number of pallets in each order. Combine freight from multiple vendors into a single truckload. Locate other businesses in your area that are willing to combine loads to reduce freight costs for both of you. Partner with these nearby businesses to fill an entire truck, or at least to add additional pallets which may provide a lower rate for each of you. Find a freight forwarder to help. Locate the best freight pricing from your normal supplier location and then work for a contract agreement which minimizes the amount you pay for freight. Make freight costs a part of the buying decision regarding whether or not to purchase wholesale dollar items from a vendor. Never allow outrageous freight charges to occur. Stop and use all possible means to cut the freight costs. If there is no way to get pricing to a reasonable level, do not allow the order to move forward. Cancel and start negotiating with other suppliers until you locate a deal where both the merchandise and the freight costs are within acceptable limits. Are you interested in starting a dollar store? Visit www.openingadollarstore.com for more information. For a one-stop shop for your dollar store merchandise, visit JC Sales.
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wholesale, dollar, items,
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