You won't see a skydiver jump off a plane without a parachute and/or a reserve chute. That's because the skydiver understands the risks and can plan well to subdue them. All activities and businesses come with their risks. But how one plan to manage them - makes the ride less anxious. Likewise, Freight Forwarders too, take on activities with risks that are encountered at every step of the course. Shouldering an important responsibility like - delivering the freight for a customer across cities, regions and even continents with the nec…
Better service, optimized processes, and a strong top-line are what all businesses aim for continually. Investing in the right tools or logistics software makes the big goals possible. Data is the buzzword for businesses wanting to improve their basis for better decision-making. Thankfully, Logisticians and Freight Forwarders have plenty of useful data available. Data can be transformed into meaningful reports to show: your most profitable routes modes that aren't as efficient as others details of customers with outstanding With the happy …
The global freight forwarding market is going through an unprecedented change driven by technology, digitalization, trade wars, and the need to develop sustainable supply chains. This further pushed by the Covid-19 pandemic has forced the shippers, forwarders, and other LSPs to reassess their supply chain operations and strategies. True, the Covid-19 crisis, combined with ongoing change in the forwarding market, is going to accelerate the dependence on cloud-based integrated technology - but is it going to be the key differentiator? Data Ins…
We are getting increasingly adaptive as the decade progresses. Logisticians have taken the slowdown as a hurdle and got past it along with a few others too. Even small-scale organizations have knocked down legacy systems to usher in the digital age with a renewed hope. This decade like none before, I've seen greater emphasis laid on the health and safety of staff at ports. The supply chain industry has reinvented itself time and again, packed with innovations from electronic data interchange to eVGM. Today, as we get closer to u…
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…
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