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Shipping: Auction Lot Shipping Methods

by B-Stock Editorial Team
May 24, 2022
in Stock Market
Reading Time: 4 mins read
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You win your first public sale lot and may’t wait to obtain your first cargo, however how do you be certain it arrives protected and sound? Relying on which market you purchased the merchandise from, the delivery kinds will differ. On this put up, we’ll introduce you to the completely different delivery phrases and choices you could have in relation to receiving stock. These embody:

  • purchaser organized delivery
  • vendor organized delivery
  • free delivery
  • fastened delivery
  • binding delivery

Keep in mind, as a result of every retailer has its personal delivery practices and insurance policies it’s vital to learn particular person public sale particulars rigorously! Additionally, as a result of B-Inventory doesn’t home or deal with any of the merchandise, we don’t handle or arrange delivery. We do, nonetheless, goal to make it as simple and streamlined as doable for our consumers.

Purchaser Arranges Delivery

If an public sale lists “Purchaser Arranges Delivery” because of this you’re answerable for contracting a service and delivery the product from the vendor’s facility to yours. If you don’t have already got a service that you just usually use, B-Inventory groups with a number of trusted {and professional} delivery companions to deal with and ship the stock instantly from retailers. In some instances, in case you have a business dock top truck, retailers will can help you decide up the stock your self (once more, that is on a restricted foundation).

For “Purchaser Arranges Delivery” auctions that you just win, you’ll obtain a hyperlink from Freightquote.com in your “Bid Received” electronic mail to simply prepare delivery. You don’t have to make use of Freightquote.com (a delivery logistics facilitator that can make it easier to discover the most effective service on your wants), with purchaser organized shipments you’re allowed to make use of no matter skilled service you like.

bid won email example

Instance from a Bid Received electronic mail

Vendor Arranges Delivery

In auctions the place the “Vendor Arranges Delivery,” you’ll pay the ultimate bid worth together with the extra delivery price on the public sale beneath the bidding area. The vendor will make all the preparations for you. In Vendor Arranges Delivery auctions, the order complete will all the time embody the delivery price.

There are three frequent kinds of delivery practices retailers use that come together with seller-arranged delivery; let’s break them down:

Free Delivery

Is rather like it sounds and you’re probably conversant in it already. Free delivery may be discovered extra on our B-Inventory Provide market. Nonetheless, you will discover that solely a small handful of our personal market retailers (ex. Walmart and Costco) supply this feature to consumers on the B-Inventory platform.

Mounted Value Delivery

You, the client, pays a flat fee for delivery no matter the place you’re positioned geographically. This feature normally solely applies to smaller tons that don’t require a pallet for delivery. The flat fee delivery price shall be included within the order complete.

fixed cost shipping on bstock

 

Binding Delivery

This feature is essentially the most incessantly used delivery methodology by retailers on the B-Inventory platform. With binding delivery, the associated fee will differ relying on a number of completely different variables together with zip code, weight, density, variety of pallets, what number of pallet areas shall be used throughout transport, and some different elements. Right here’s an instance of how it could look in your display screen:

binding shipping on b-stock

 

**Professional-tip! In case you are a purchaser with a number of places (addresses) you could have the power to modify addresses within the bid area in an effort to discover the most affordable supply location. The system will routinely replace in response to zip code and present you the completely different delivery costs in real-time.

Accessorial Charges

Keep in mind, extra charges (other than the quoted delivery price) will apply in case you shouldn’t have correct tools (ie. a loading dock) to obtain the cargo. As an illustration, if a liftgate is required or if it’s a residential supply, accessorial charges will apply.  You could find this info in purple textual content underneath the bidding area.

On the whole, liftgate charges are $65 whereas residential supply charges are $90. When you require residential supply, you’ll greater than probably require a elevate gate as properly (so each charges will apply). If {the marketplace} you bought from does supply elevate gate and residential companies, bear in mind, they won’t be out there on auctions taking on 11 pallet areas or extra. The cargo is simply too huge and would require a loading dock. Moreover, these companies aren’t out there for ground loaded tons both.

Consolidated Delivery

When you win a number of auctions from the identical vendor and want to mix the delivery, you will want to first pay for every order in full. As soon as paid, you’ll be given contact info to coordinate the delivery of your order. Right now, you’ll be able to ask about combining shipments. Take a look at an instance of Costco’s consolidated delivery. If the vendor agrees and supplies a brand new delivery worth, the distinction shall be refunded within the type of a B-Inventory credit score and utilized to your account.

In case you are shopping for by way of our B-Inventory Provide market, delivery works a bit in a different way. As all the time, in case you have any delivery questions be happy to contact us instantly!



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Tags: AuctionLotMethodsShipping
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