[Jewelry making - Article 01123] - Re: [Orchid] Wrong DHL Delivery

[Noel]

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>     are you identifying that it's jewelry you're sending on the outside
>     of the USPS package? I started to think that maybe the high
>     insurance rate on the USPS package was tipping them off. 

    I thought it might be useful to pass on a solution I picked up at a
    seminar. I use the idea myself, though not in as organized a way as
    I should... 

    If you keep track of what it costs to insure shipments, how often
    there are losses and how great the losses are, you can figure out
    what you are actually paying to insure. It may be worthwhile to
    "self-insure" on most shipments. Put the money you would normally
    pay for insurance in a special account. Pay for any losses out of
    this account. If your original calculation showed you would come out
    ahead, chances are this will save you money. Really large-value
    shipments should probably be an exception to this, especially before
    you've built up value in your "insurance account". 

    This notion came from a business seminar with Barbara Heinrich. If
    the idea helps you, credit her. If I screwed up the details in any
    way-- my fault. She is very organized and business-like about her
    business (unlike me), and very generously shared many ideas,
    customs, and business forms with the Chicago Metal Arts Guild. 

Noel


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