Logistics has become one of the most delicate aspects of running a business. With unexpected disruptions in supply chains both international and local, it's clear that businesses need to invest more in ensuring their logistic operations go smoothly. And while the most disruptive external factors seem to be behind us, the issue of finding reliable suppliers and effective assistance when such problems arise still remains.
Technology is the solution to seamless logistics, and companies are increasingly putting their money into better logistics tech. Transport procurement management software, for example, allows companies to find transportation companies, and track their services. Before the right logistic software is chosen though, there are a couple of factors to consider.
Finding New and Reliable Suppliers
The amount of third-party logistic services available can be overwhelming. The logistics market size has been estimated at $957 billion and is expected to grow at 7.9% by 2027.
Ideally, the logistic software of your choice should give you access to a wide number of providers, but also make it easy to discover the most trustworthy. For example, being able to invite new companies you've heard about, but also access the history of older supplies are highly desirable features.
Providing Useful Data Analytics
Logistics is a complicated process that involves factors like time of delivery, costs, and paperwork. After making several orders through the years, companies that have not automated their logistic process may have lost the chance to gather truly valuable data.
A system that is capable of seamlessly collecting this information, processing it, and presenting it in an easily digestible manner could offer different opportunities to optimize the process. Companies could monitor the estimated costs over the years, how many deliveries have had delays, and the supplier’s own key performance indicators, allowing them to choose the best possible alternative on their next order.
Transparency and Regulation Compliance
One of the issues that can’t be avoided while importing products is the number of regulations that have to be taken into account. Each government has its own laws, and a relatively small mistake made while filing the paperwork can turn into weeks of delays and even fines.
It’s important then to consider how compliance-oriented the logistic software we choose is. Some platforms, for example, include freight auditing services, and even intermediation if necessary. We also recommend asking directly what documentation can be provided, in case an issue with a delivery arises.
Listen to Software Consultants
Companies today rely on technology for different processes, from marketing to virtual workspaces. As a result, software developers have become one of the most sought-after professionals, turning them into job market royalty. One benefit of this is that there has been a huge uptick in the number of people undergoing training at a higher education level. This has led to universities offering online degrees in software development at both bachelor’s and master’s levels in order to meet the demand. For companies looking to improve their logistic operations through upgrading their software, this expansion has opened up a much wider pool of talent to consult with, whether as a permanent hire or on a freelance basis.
Finding a Balance Between Automation and Assistance
Choosing a logistics platform is not an easy task. It involves considering access to new but reliable suppliers, relevant analytics, and assistance when it comes to following regulations. A combination of automatic process and real-time assistance is probably the best approach, which is where Easy4Pro excels at. The system allows businesses to smoothly transition into the system, and start optimizing their process almost immediately.
Feature by: JBalderson
JBalderson is a freelance writer and web designer based in Michigan. She writes on a wide range of topics but focuses mostly on all things tech.