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…
The need for speed and accuracy has been driving enormous change in the logistics sector. To meet high customer expectations, logistics companies are looking to digital technologies that allow for automation and streamlining of business operations. The logistics market is becoming more complex and competitive at the same time and companies are finding it harder to manage the everyday business efficiently. In the race to satisfy customers and keep competition at bay the most pertinent question logistics companies have is how these digital techn…
In the last several years, infrastructure and technology have played an important part in the advancement of road transportation. Technology has had a critical role in gaining greater visibility and control for the fast-growing logistics industry. Most fleets are now using vehicle tracking, routing, scheduling, workforce management and electronic proof of delivery to optimize their operations. As a logistics service provider, your transportation management system (TMS) should be designed to make daily communication and collaboration with your …
Logistics companies can expect to see huge changes as automation filters into every aspect of the business in the face of a huge jump in road and connectivity infrastructure. While new modes of transportation like drones have emerged on the scene, autonomous vehicles are poised to change the way business is conducted. But the first order of business for logistics companies is taking care of current affairs in order to meet the future with great confidence. While there are best-in-class transport management systems (TMS) available to automate …
Agility, capability and flexibility are increasingly becoming a crucial differentiator for supply chain when selecting a logistics service provider. Shippers are becoming more and more particular about the safe and speedy movement of their goods as expectations in terms of delivery times increase. Logistics service providers are now under more pressure to ensure their customer demands are met. They must ensure that they have an effective information technology strategy in place to keep up with these increasingly challenging peaks in customer d…
As freight and logistics businesses embrace new technologies utilizing big data, analytics and mobile devices, they are stepping into a bold new era of automation. Technology plays a pivotal role in the freight and logistics business especially with new opportunities that the future holds in the wake of a mushrooming supply chain market. Technology has made it possible to seamlessly integrate all planning, operational and financial and business intelligence processes through one single streamlined system. The use of one single system is enabli…
When we think of automation the general perception that companies have is the digitalization of their business process. However the approach to automation differs from company to company. It may or may not involve multiple softwares depending on the understanding of each company. The one common mistake that can be seen across freight and logistics companies pursuing automation is opting for multiple solutions for various operations be it freight, warehouse, transport or any other service, and finance. The use of single software for all logisti…
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