Freight, customs broking and logistics companies will be facing a difficult time as they try to realign their business to the demands of the current times and the near future. The technology readiness of most companies does not measure up to the level required to navigate through these tough times. It’s high time companies take a closer look at their technology preparedness. Let’s look at four key areas of concern that need to be addressed by companies about the technology they are using: There is need for quick and real-time access to data an…
The COVID-19 pandemic has pushed customs broking and logistics companies to turn to technology for future proofing of their businesses. Technology has helped companies of all sizes to be agile and more adaptive to business challenges. But in the emerging post-pandemic scenario just the automation of freight, customs broking and logistics business operations is simply not enough. Companies in the future will also require automation of all work processes. Anything short of total digitalization may prove harmful to a company’s chances of success.…
The effect the COVID pandemic has had on freight, customs broking and logistics companies needs no explanation. As companies try to find their footing they are definitely going to struggle. Expecting things to return to the old ways is sheer folly. If companies do not adapt there will be a lot of confusion and mistakes that can cost the business dearly. It would be really interesting to see how companies step up to the so-called ‘new normal’. What then is the most important lesson to be learnt here? Make technologies work for you! Companies…
Being in the logistics and freight business you carry out a number of processes or activities that are interlinked. If the flow of information between the interlinked processes is limited or insufficient it may cause blind spots in business processes. It may impact productivity and efficiency of employees and severely impair management’s decision-making capabilities. Much time, resources and effort are wasted on keeping track of all activities and ensure they run smoothly. You would definitely not want inefficiencies to bog down your busines…
As we stride into the new normal brought about by Covid-19, logistics and freight companies are looking towards a new way of doing business if they follow three rules. Of course, technology will be instrumental in bring about the change logistics and freight companies are looking for but they need to be a little cautious in their approach to adopting it. Invest in modern Cloud-based technology First and foremost, logistics and freight companies should invest in a modern Cloud-based technology. Ideally a modern single software is the appropri…
As countries plan to exit from the pandemic lockdown, the logistics and freight industry like all others will struggle to find its footing and get back to normalcy. In fact, it is highly unlikely that business will return back to the way it was before the COVID pandemic. The workplace is definitely in for a change and business had better be ready. Logistics and freight companies can expect many obstacles and challenges in the coming months. Adapting to current circumstances is crucial for survival and technology will play a very important pa…
As nearly a third of the global population is under lockdown due to COVID-19, can the logistics and freight industry manage to continue working? It has to, considering it is the lifeline of global supply chain connecting various markets, suppliers and customers. Faced with serious threats to business continuity, logistics and freight companies are, however, now having a serious rethink about their technology capabilities that would allow them to continue with their work. Luckily the impact of COVID has not been severe for those who have alread…
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