Four Ways By Which A Modern Freight Forwarder Can Accomplish Significant Success
The pandemic has dragged onto another year but the lessons learned have made businesses more aware of the possible challenges. 2020 has been a wake-up for Freight Forwarders stuck with desktop-based Freight Software applications. Choosing the apt Freight Management Software marks the first step of setting sail towards success in 2021. The other step being: preparing for the race to use your strengths to get ahead of the competition. Understanding the market demands and customer behavior will be some of the factors to prepare for the race. Set…
Five things you may regret if you don't upgrade to a web-based Logistics ERP solution soon
Nobody wants another pandemic to strike to understand the lessons of lagging on technology. Logistics companies that did not move their operations to the cloud suffered a jolt when the time came to strike. If your business is still running on scores of paperwork when the world is going paperless, it is time to look towards the cloud. The complex Logistics world needs to be streamlined and cloud-based ERP solutions are the answer. In case if you are still thinking 'my solution does pretty much everything', read on to know what you may…
Uplift Your Freight Forwarding Business in 2021 By Streamlining Your Finances
Not all businesses have an unlimited supply of capital to be pumped in all the time. Freight businesses do have their crunch times, leading to some tight measures in extreme cases. While bleeding revenue may have various reasons, identifying and fixing potential leaks must always be a proactive requirement. Efficient management of finances helps avoid the pitfalls of unwanted losses. Quotations that drive in revenue In the Freight Forwarding market, a Request for Quotation (RFQ) is the first step towards building a relationship with yo…
COVID Vaccination Drive To Demand More From The Logistics Industry In 2021
As countries begin their COVID-19 inoculation drives, the safe supply of vaccines calls for greater focus on the logistics companies. The logistics industry during the pandemic served as a backbone for essential product delivery. In 2021 and beyond, it is expected to continue being the support system. Even countries like the UK that started their vaccination drive in 2020 will probably take up the entire 2021 for all citizens' inoculation. This sets the stage for the logistics industry once again to be at the forefront of demand. …
Restoring Resilience In Your Freight Forwarding Business
What began as a health crisis in China has transformed into a global pandemic that has put the entire world in partial or total lock-down for months. During the Covid-19 crisis, almost every sector was affected directly or indirectly due to a complete shutdown and restrictions on operations. The global freight forwarding market is already going through unprecedented changes due to rising fuel costs, completion from the start-ups, dynamic customer demand, technology implementations, changes in government regulations, and many more. The Covid-19…
Real-Time Information An Inseparable Bond in Freight Forwarding Business
In the age of just-in-time supply chain, same-day delivery is becoming the new norm where customers demand more real-time information. Freight forwarding companies that cannot collect, retrieve, collate, and disseminate real-time information about their operations will struggle to compete in the age of digitalization. The market and customer demands have changed over the past few years, especially during COVID-19; but until today, many freight forwarders are still stuck in their age-old legacy systems and applications that operate in silos and…
The Hidden Costs of Using Legacy Freight Forwarding Systems
In recent years, the logistics and freight forwarding industry has confronted tremendous change, driven by tech innovations, dynamic consumer expectations, and stringent regulations. The situation is being made worse and more demanding by the Covid-19 crisis, which is impacting the revenue margin of freight forwarders. The buzzword ‘hidden costs’ is pushing freight forwarders to rethink and redesign their modus operandi. But often neglected when they analyze the reasons for their hidden costs is the use of the legacy freight forwarding system.…
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