Fostering a Data-Driven Business Model
Leveraging the full potential of data is vital to the process empowering your 3PL and freight business. Companies with access to data can exploit it for the greater advantage of their business. It is a vital step towards the establishment of a data-driven business, in which real time information is used to plan and execute every business decision. Gone are the days when businesses were solely run only on instinct or gut feelings. In today’s digital world, data is the chief driver of business growth and data-driven decision making has displaced…
Technology the Means to Deliver Value
For third-party logistics providers (3PL) and freight forwarders, technology has the potential to deliver value beyond their wildest expectations through data-driven insights and intelligence. But many businesses have little or no process in place to use technology to deliver the maximum value. Without a process in place, businesses are likely missing opportunities to leverage data-driven intelligence and insights from technology to optimize their working. Understanding the value that technology can provide will help 3PL providers and freight…
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