The markup rate is the ratio between service and selling price. You can define the markup rate based on the client and carrier at Logiwa. You can also use different mark-up rates for different zones and countries. This feature is available for all carriers and the Rate Shopping option.
Screen Path: Entity -> Carrier Management
How to Set Markup Rates?
There are three ways to set markup rates.
1- Define The Markup Rate Based on Carrier Connection
On the carrier management screen, select the related carrier setup and use the Markup Rate field to enter this information.
Once you type the markup rate, Logiwa will generate an additional rate for markup price on the label generation process. An example is shown below.
Original Rate: 21.00
Markup Rate : 0.9
Multiplier : 0.9+1
Calculated Rate : 21.00x(0.9+1)=39.90
2- Define The Markup Rate Based on the Zone & Weight Information For Domestic Orders
Markup rates may vary with several scenarios. It depends on both zones and weight. There should not be always the same markup rate for each different order. Logiwa offers you an opportunity to address this problem. You can specify your markup rates based on zones and the package's weight for Domestic Orders. You can manage your changeable markup rates with function.
How to Use This Feature?
You can set up Zone-Based Markup Rates for each carrier. First, You need to go to the Carrier Management screen. Then you may kindly select the carrier to which you would like to add markup rates based on zone.
Screen Path: Entity -> Carrier Management
After you click the cross button, a pop-up comes to the screen.You should click the "Zone-Based Markup for Domestic Orders" button to set the country-based markup rates.
After then, you can either fill up the fields manually or import an excel file whose template can be downloaded on the screen to determine markup rates. The zone information can be changed for each carrier and should be provided by carriers' sites. After that, the zone information for your warehouse will be uploaded to the system by the Logiwa Support Team. Please contact the support team with your zone chart to complete this step.
There are some links regarding zones.
Please visit UPS's site to get the zone information
Please visit Fedex's site to get the zone information
Please visit USPS's site to get the zone information
As described above, you can enter related information on the popup then click the save button. Then the info you entered is visible on the pop-up.
You are able to import markup rates via an excel file too. You can download the template by clicking the green button.
After you type markup rates and the other information, you may click the "Import Zone-Based Markup Rates" button. Then you will have defined your markup rates for each zone and each weight range.
Besides, you can only use this feature for domestic orders. In order to complete the setup, you need to enable the toggle named "Use Zone-Based Markup Rates for Domestic Order". Unless you turn this toggle on, this feature will not be taken into the process.
3-Define the Markup Rate Based on The Country & Weight Information For International Orders
In some cases, the markup rates depend on both the countries and the weight. You can specify your markup rates based on the country and the package's weight for International orders. You can manage your changeable markup rates with this function.
You may select the appropriate carrier for which you would like to add markup rates based on countries.
You should click the "Country-Based Markup for International Orders" button to set the country-based markup rates.
Then, there will be two options in the pop-up for downloading the Markup Rates. You can create the markup rates manually by using the pop-up one by one or you can import the country-based markup rates via an excel sheet. You need to enter From country and to country information, and at this point; The Minimum Weight(oz) you entered is greater than the entered value and the Maximum Weight(oz) may be equal to or less than the rated value. Lastly, you need to enter markup rate information. Then, click the Save button. The Markup Rate will be got to the list.
Secondly, you can click the download template button and the Excel template file will be downloaded.
You may add the information same fields mentioned above into the excel spreadsheet then import the excel file. You may click the "Import Country Markup Rates" button. The country code must be two digits. Then you will have defined your markup rates from country to country.
To use the country-based markup rate function the "Use Country-Based Markup Rates for International Order" parameter should be enabled. Unless you turn this toggle on, this feature will not be taken into the process.
How the System Calculates the Markup Rates?
1) If you use Zone-Based Markup Rates for Domestic Orders;
For An item whose zone is 10 and weight is 3 oz :
Original rate= 20
Mark up rate= 0,15
Multiplier= (1+0,15)= 1,15
Calculated rate = 20*1,15 = 23
For An item whose zone is 11 and weight is 3 oz :
Original rate= 15
Mark up rate= 0,20
Multiplier= (1+0,2)= 1,20
Calculated rate = 15*1,2 = 18
For An item whose zone is 10 and weight is 12 oz :
Original rate= 30
Mark up rate= 0,25
Multiplier= (1+0,25)= 1,25
Calculated rate = 30*1,25 = 37,5
For An item whose zone is 11 and weight is 12 oz :
Original rate= 40
Mark up rate= 0,30
Multiplier= (1+0,30)= 1,30
Calculated rate = 40*1,30 = 52
2) If you use Country-Based Markup Rates for International Orders;
For instance, an item whose weight is 6 oz and delivers from US to CA:
Original rate*= 10
Mark up rate**= 0.2
Multiplier= (1+0,2)= 1,20
Calculated rate*** = 10*1.2 = 12
*(This rate info is sent by the carrier for the specific order for spesific rate)
**(This info is set on the carrier management screen Country Based MarkUp Rate)
***(You will see the result on the order operations screen on the Carrier Rate field)
The calculated rate can be checked from the Order Operations screen when you get the rate or label from the carriers.
Note: If the Markup Rate field has value and the country mark-up rate also has records, Country Base Markup Rates are taken into account by the system.
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