Select carriers and execute with complete confidence
Use industry-leading ML modeling to qualify and select the right carriers for every shipment.
Reduce execution costs
Consistently select more cost-effective carriers and service methods without compromising the customer experience.
Keep customer promises
Generate more reliable transit time predictions that help more shipments make it to customers’ doorsteps on-time.
Continuously improve outcomes
Benefit from a closed-loop process that uses executed shipment data to train models and further improve predictions.
Solution Highlights
What Shipium’s Rating Engine offers shippers
Optimize carrier and service selection
Stop manual data entry and start automatically ingesting invoices from all your carriers.
ML-powered rate + date shopping optimization and execution
Automated selection of non-guaranteed methods when they’re predicted to meet your dates
Carriers are selected based on historical performance and real-world factors (ex. Carrier bulletins, weather events)
Shipium customers experience 12% savings on average
Compare costs accurately and reliably
Internal rating provides invoice-accurate cost estimation
Rate structures are normalized across carriers
No reliance on carrier API availability
Carrier selection data can be used for rate cost breakdowns and selection analytics
Integrate with 60+ carriers
Leverage national, regional, and same-day carriers
Add new carriers in hours, not weeks
Shipium’s network covers 99.2% of North American parcel shipments
RATE SHOPPING MATURITY MODEL
Do you have a modern approach to parcel management?
From our point of view, Shipium’s multi–carrier parcel management solutions solve the challenges of real time rate shopping, making it one of the more mature options in the market. We see ourselves as achieving high level of rate shopping maturity through the way that we model out cost and speed together for a fully dynamic and optimized selection using predictive data science.
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Initial
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Advanced
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Dynamic
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Optimized
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Predictive
Use Cases
How Shipium’s customers use smarter carrier selection to drive better business outcomes.
Intelligent Service Selection
Opt for more cost-effective services when models predict they’ll arrive on-time
Use expedited services when shipments are at risk of missing your desired date
3rd-Party Fulfillment
Relay desired dates to 3PLs or dropshippers to ensure on-time delivery
Share optimal carrier and service recommendations with external partners
Managing Volume Spikes
Use Shipium’s modeling to predict and avoid carrier delays during high-volume periods
Proactively shift volume to better-performing carriers
Optimizing Carrier Performance
Identify underperforming carriers in specific regions or for certain services
Leverage more reliable options for qualified shipments
How it Works
Here’s an overview of Shipium’s carrier selection process.
01
Eligibility Check
First, the system evaluates shipments’ properties to determine which carriers and services are eligible to handle them.
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Package-level details, like hazardous materials
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ZIP-Zone delivery areas
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USPS requirements (APO, P.O. Box)
02
Date Shop
You then have the option to set a date constraint, such as the delivery promise you’ve made to a customer.
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Provide a desired delivery date so Shipium only rate shops across carriers that can hit it
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Alternatively, use business days of transit (BDOT), which allows for selection based on origin FC operating day calculations
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Rating Engine accounts for your business rules — for example, always prioritizing delivery speed over cost reduction
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Shipium’s rates account for contracted discounts, surcharges, and accessorials for more accurate cost comparison
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Support for rate shopping without label creation as-needed
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Once a carrier and service are selected, Label Engine provides a compliant label
Key Models
The predictive engine that powers carrier selection
The ship-ai suite of models use your data, platform-wide data from 350+ million shipments, and real-world considerations to help you select the right carriers and services for every shipment.
ship-ai-transit
This model predicts days-to-delivery, which is the number of business days a shipment takes to go from origin to destination.
ship-ai-cost
Uses your desired delivery dates to compare fully-loaded rates across eligible carriers, allowing you to select the most cost-effective rate.
ship-ai-volume
Monitors volume hourly to predict daily volume and manage allocation in accordance with your carrier contracts.
Customer Success Story
Carriers, partners, and analysts agree — Shipium is setting a new standard for fulfillment technology.
We now have the premium shipping experience to complement our incredible shopping experience that sets Saks OFF 5TH up to be an ecommerce leader.
Gain complete operational control
