Logistics and freight companies are making strenuous efforts to enhance productivity, save costs and gain better control over their organization to keep customers happy and enjoy higher returns. Many companies are investing heavily in upgrading software believing it will help increase efficiency and margins but in reality the result falls short of expectations. When we look back on why software upgrades fail to deliver the desired results, it points to the absence of a strategic implementation process. Complications also arise for such reasons…
The nature of logistics and the freight business requires continuous infusion of funds to run operations. Much of the expenses are incurred on behalf of clients and the payment is realized only at a later date, mostly after a brief notice period post-delivery of the shipment. Keeping tabs on expenses incurred on behalf of a client can be tedious as companies handle shipments of a number of clients simultaneously. With the needs of the logistics and freight industry being unique, standard accounting software are not fully equipped to adequately…
All businesses strive to achieve operational efficiency to deliver great customer experience and logistics is no exception. The chaos and confusion that are part of everyday workings in the logistics and freight industry are a continuous threat to operational efficiency. The less said the effect of this on customers’ experience with the company, the better. The desire of logistics and freight companies to not only to enhance their customer experience but to save time and money for the company as well is compelling them to turn to technology to…
Logistics and freight businesses have never been more dependent than now on technology to help them deliver quality services to customers. Technology has a vital role to play when it comes to innovation and meeting customer expectations. As supply chains become increasingly global, the demands on logistics and freight businesses are greater than ever before. Logistics and freight businesses must be ready to address such demands. We find though that many are simply not prepared technologically, leaving them wide open to risks and setbacks. The …
Process optimization and transparency are high on any company priority agenda, putting renewed pressure on logistics companies to make important technology decisions. Such agenda is a significant driver for growth, and in order to achieve it there is an urgent need for end-to-end control over the business which, in turn, will translate to beefed up service capabilities in a demanding market. While technology as a means to achieve process optimization and transparency has yet to be fully realized by many logistics and freight companies, some ar…
Logistics and freight companies are jumping head-on into the digital race to keep fit in today’s ruthless market which punishes any business showing even a hint of slack. There is clamor among companies to digitally equip themselves in this technology-driven era. The market is flush with software solutions for freight, warehouse and transport management—the three main services of the logistics business. Available are individual applications serving the needs of freight, warehouse and transport management to integrated solutions and single soft…
It is important to acknowledge that innovations in technology is setting new standards in the logistics industry. However much opportunity is lost if logistics companies do not make technology work for them. When used well technology can heighten your business efficiency and visibility immensely. Efficiency and visibility are key to driving your business and, in order for that to happen, you need to have control over the data. The quality of data and the ability to leverage it for business intelligence is important. Logistics companies need to…
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