Cyclopedia of Commerce, Accountancy, Business Administration, v. 01 (of 10)American School of Correspondence
General
Cyclopedia of Commerce, Accountancy, Business Administration, v. 01 (of 10)
American School of Correspondence
Accounting; Business; Commerce
=Commodity=Rate File.= When any part of the goods shipped are subject
to commodity rates, a file of commodity rates is fully as important
as class rates. A commodity-rate file is arranged on similar lines
to the file of class rates. A card or sheet is used for each town to
which commodity rates apply, and the cards are filed alphabetically by
names of towns. These cards can be filed with the class rates, but a
distinctive color should be used.
The record should give the names of the articles taking commodity
rates, manner of packing, the point from which the rate applies, the
rate, the number of the tariff, and the name of the issuing railroad.
On the line below the name of the town appears the caption, _see
also_. This is for the name of some other point to which a commodity
rate applies. Boone, Iowa, for instance, may not be a commodity point,
though a special rate from Chicago to Clinton is in effect. The Boone
card would refer to Clinton, and the card for that town would show the
rate. Fig. 5 shows a form for commodity rates.
To compile such a record of rates as has been described, requires an
initial expenditure of much labor, but is a profitable investment. When
once compiled, changes can be recorded with little trouble. These files
will always be valuable for reference, not alone to the shipping clerk
but to the sales manager and the purchasing agent as well.
A comprehensive knowledge of classifications and rates will prove
valuable not only to the shipper, but to the receiver of freight.
It will save any merchant many dollars in freight charges on goods
purchased f. o. b. point of shipment. The shipper may not pack his
goods in a manner to secure the lowest rate, or he may not give the
proper description in the shipping bill. If his attention is called to
the matter by a customer, he probably will make the necessary changes
in his methods.
Even the proprietor of a small retail business will find a study of
this subject a paying investment. The writer has knowledge of a case
in which the owner of a general store saved some $165.00 in one year
by carefully checking every freight bill received, making claims for
overcharges, and watching the packing and routing of his goods. Surely
that amount would be worth saving, even to a house transacting a much
larger volume of business.
=Routing Shipments.= One of the most important duties of the shipping
clerk is the proper routing of his shipments. Like classifications
and rates, the subject requires careful study. In too many cases this
subject receives little attention, but by exercising care in routing
shipments, the shipping clerk can be of material assistance to the
sales department, and, incidentally, to the customers of his house.
Public-domain text, read in full here on John Shaqi.
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