There is little doubt that the businesses that adapt themselves to the ever-changing demands of the industry stay relevant in the race. Even technology needs to be in line with the current trends to be able to contribute significantly to growth. Many freight forwarding companies are still relying on traditional and desktop-based software that has historically gotten the job done but are obsolete according to the modern age. Organizations must introspect their current ways of working against the likes of cloud-based applications to realize th…
"Why fix if not broken yet?" - is what many logisticians and forwarders swear by, after years into the business. Just because an exigency hasn't struck yet doesn't mean we should not prepare for one. Being in the business for a long time makes you and your employees comfortable with the ways of working. The confidence of the years of experience can cloud a modern outlook towards Logistics and Freight Forwarding. Listed below are the most common follies by Freight Forwarders: Using just a spreadsheet to consolid…
Your processes are optimized to the core. Your teams are running beyond efficiency and yet you fail to understand what is keeping you behind your competition. As a logistics provider with a globally dispersed team and network of partners and customers, you’re likely used to relying on a bunch of different software solutions across different locations. The Covid-19 pandemic just proved that all providers that have been running legacy systems have reached a point of no further progress. Work from home meant that isolated systems running yo…
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…
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…
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…
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. …
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