Handling Fees
handling_fees
Overview
Handling Fees represent the costs associated with boxing, packaging, or other services needed to prepare products for shipment.
Handling Fees = Total Handling Fees during the selected time period
The calculation is based on data from the Orders table.
Detailed Breakdown
The formula above is derived from the following components:
- Handling Fees =
SUM(handling_fees)
--> Orders table
Insights and Actions
Handling Fees represent the costs incurred for preparing products for shipment, providing insights into operational expenses and efficiency:
- Monitor Operational Costs: Regularly track handling fees to ensure they remain proportionate to revenue and identify areas where costs can be minimized.
- Evaluate Packaging Efficiency: Analyze trends in handling fees to identify opportunities for optimizing packaging processes or sourcing cost-effective materials.
- Incorporate Fees into Pricing: Use handling fee data to ensure product pricing adequately covers operational costs, protecting profit margins.
Related Metrics
- Shipping Costs: Complements handling fees by providing a full view of logistics expenses, helping assess total fulfillment costs.
- Order Revenue: Contextualizes handling fees as a percentage of revenue, aiding in evaluating their impact on profitability.
- Net Profit: Tracks overall profitability, offering insights into how handling fees affect the bottom line.
Example Use
Prompt
What are my handling fees for the last 30 days?
Response
Query
SELECT
SUM(ot.handling_fees) AS total_handling_fees
FROM
orders_table AS ot
WHERE
ot.event_date BETWEEN CURRENT_DATE() - 30 AND CURRENT_DATE() - 1;
Updated 10 days ago