When discovering a 3PL to manage your high-value products like jewelry, you need to pay attention to a couple of aspects. For example, the 3PL should be mindful of the customs regulations for the specific product, tracking activities, insurance policies, shipping process, and more.
Therefore, finding the best 3PL dealer to handle your business operations is a thoughtful process. But in this guide, we’ll cover everything you want to know.
Things To Consider When Shipping High-Value Products
When shipping expensive products like jewelry, several factors must be considered. Let’s discuss this in detail below.
1. Packaging
The packaging of high-value products should be appropriate and safe for transportation, and it should be made of high-quality materials.
Moreover, the packaging should be safe despite potential shocks or impacts during transit.
2. Tracking
If your 3PL provider can provide real-time tracking, it would be easy to watch the shipping progress. Moreover, you would be updated on the shipping process and receive tracking updates. Also, you can update these tracking details to your customers on time.
3. Handling
Your 3PL should have the ideal experience to handle all high-value products effectively. Moreover, here are some factors they must possess while handling products:
- Experienced in handling valuable products.
- Ensure the 3PL has the ideal equipment to handle the products safely.
- Consists of loading and unloading equipment to avoid any risks and losses.
4. Low Shrinkage Rates
Shrinkage is a common problem seen while handling high-valued products. Therefore, when managing high-value products, you must ensure that your 3PL helps reduce shrinkage rates. To adapt to this, they can follow the below strategies:
- Your 3PL should ensure 24/7 security.
- Hires well-trained warehouse staffers.
- Consists of putaway and pick-and-pack fulfillment services.
5. Insurance
When you’re shipping high-value products, you need to get ideal insurance. The insurance company will obtain coverage for the product’s value. However, ensure you have a reliable and reputable insurance provider who can support all your business financial losses caused by damage or loss in transit.
6. Customs Regulations
Your 3PL must be aware of your custom regulations. Being aware of these helps to prevent delays and prevent complications during shipping.
Moreover, you need to comply with the destination country’s customs regulations. By following these regulations, you ensure that you avoid any problems and losses.
7. Shipping Method
The shipping method depends on the product type and where it should reach. However, you must select the ideal shipping method to ensure its safety. You can use many safe shipping options, such as air, land, or sea freight.
8. Excellent Brand Presentation
Make sure the 3PL you pick has an excellent brand presentation. For example, most 3PLs provide packaging and shipping services, but only the best services include kitting, custom inserts, customizations, seasonal inserts, and more. These additional services help elevate your brand to the next stage.
9. Above-Average Operational Performance
Your 3PL should provide above-average operational performance since your products are high-value. Moreover, your product itself includes a high cost. Therefore, you need to minimize losses or risks by optimizing your operational performance through 3PL.
What Are The Fees For High-Valued Goods Shipping Services?
There are different types of expenses incurred for shipping high-value or luxury goods. However, it relies on the weight of the product, its size, the nature of the product, and the country where it should reach.
Therefore, here are some cost considerations you can pay attention to:
- Shipping and packaging fee: Generally, the average cost incurred for packaging and shipping for high-valued goods in the United States (US) may be between $10 and $50 per transaction. However, the cost may differ based on other factors, including the shipping type, fast shipping, and insurance charges.
- Special services: If you want additional services such as quick or secured delivery, it may incur an extra cost.
- Customs and brokerage: If you ship your goods to other countries, you may need to pay international shipping charges. It would be best to know how to deal with customs and related tax charges.
- Return services: Suppose the shipped products need to be returned; it may also incur an extra return fee.
- Insurance costs: Insuring high-valued products during shipping also incurs charges. However, the type of insurance and the value of the goods determine the cost.
What Are The High-Value Items We Are Talking About?
Specific products are considered highly valued. Therefore, your 3PL must handle these products properly while transporting, loading, and unloading them.
Hence, here are some products that are considered as high valued and can be shipped:
- Electronics: You can ship computers, phones, tablets, smart assistants, appliances, and security systems as electronic items.
- Artwork: You can ship distinctive artworks or paintings, such as prints, sculptures, and other paintings, regarded as high-valued products.
- Precious metals and stones: Certain jewelry products possess gemstones and precious metals. These must be transported securely.
- Oversized products: You can ship oversized products such as mattresses, furniture, bikes, and significant appliances.
- Luxury items: Specific premium products, such as expensive perfumes, require special attention.
Final Thoughts
In conclusion, when finding the best 3PL dealer to help you with high-quality products such as jewelry, you must build trust with your 3PL provider. Moreover, creating a close relationship enables you to gain special attention and service in the long term.
Moreover, consider the key factors you must ensure when finding your 3PL for high-value products. It may save you time and effort in finding the right dealer.
Yet, do you need assistance finding the right and reliable 3PL provider to manage your high-value goods? Check out 3PeeL as your matchmaker; we’ll help you find the best providers in the market that match your requirements.
We hope this guide helped you find the right 3PL provider to handle your high-value goods.
