With the logistics sector expected to have a strong role in shaping the future of freight and logistics companies, the need for IT transformation initiatives to be carried out successfully has become paramount. As new technologies enter the scene, the IT gap is widening and companies who have not yet upgraded to newer systems will suffer. The role of IT is changing from an essential to a crucial function, a veritable business catalyst. Many freight and logistics are struggling to keep up with business demands using their current IT system. Whi…
As a freight forwarder or a logistics service provider you may be grappling with managing your warehousing operations effectively. This may be due to little emphasis on the choice of technology to manage warehousing operations. Moreover chances are high that the system you use is an independent WMS or a legacy application. To enhance the operational efficiency and effectiveness of your warehouse, you need integrated software that address your warehouse operations along with freight and transport. It has been observed that companies that adapt …
The future of the logistics industry is looking quite positive. Logistics companies should not miss out on the opportunities to take advantage of this positive drift. But sustained growth of logistics companies cannot be assumed, considering the many challenges that need to be overcome before getting to the opportunities. To remain successful logistics companies must prepare for their future with right earnest. We briefly discuss few points that logistics companies should take into consideration to drive business growth and stay ahead of the c…
Automation in the freight and logistics business is something that simply needs to be done. The question that needs to be considered is how to evaluate and extract the maximum benefits from the technology. So what are the things you need to consider when automating your business and how do you think beyond it? As a freight forwarder you usually undertake multiple operations that involve land movement and storage of cargo. Transportation and warehouse are part and parcel of your everyday operations. In fact they are essential activities in most…
As the global logistics sector makes its way doggedly towards digitalization there are still disparity in levels even within the industry. The growth of the logistics industry depends on its ability to respond swiftly to the supply chain demands. The current times require freight and logistics companies to use and monetize data from their business to help it sustain and grow. There has been tremendous advancement in data analytics using technology for generating real-time data. In the years to come data creation and data utilization are estima…
Freight business as you know has many moving parts. There are so many things happening simultaneously that it is quite easy to lose control, overlook matters or make mistakes. Whenever such lapses occur it has a direct bearing on your costs and therefore your revenue. Human errors are unavoidable. That is why it is important that you have a process and system in place that will help you in streamlining your business and put in adequate checks and balances to keep it on track. By having a process in place you can get greater control over your …
Technology has without any doubt changed the way business is done in the logistics sector. Be it sea or air cargo, warehousing, transportation or even the interactions between employees, management and the various stakeholders, technology has touched every aspect of the industry without exception. In a time when the economy and competition has affected the business adversely many logistics players are facing great difficulty in running their business. Customers from the supply chain too are looking for key deliverables such as cost optimizatio…
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