We are entering an era of dynamic and fundamental change to day-to-day operations. While the millennials today are witnessing rapid advancements in the eCommerce and thereby, the logistics operations, communications and collaboration tools are dramatically changing the way companies craft the logistics strategies, processes and systems. As a result, companies are embracing the new paradigm shift that will be able to strip out millions of dollars of operating costs and achieve better supply chain integration.
Systems have changed, the way logistics processes are run are also changing. Eliminating mundane and repetitive tasks, breaking down silos and building a personalized delivery network has become the primary focus of every organization. This will help build a profitable as well as an agile Supply Chain. The digital ecosystem will boost the performance of the logistics operations and help create an automated, agile and a faster supply chain. By digitally transforming the operations, the companies will fuel growth and move towards building a cost-efficient supply chain that will help in faster cycle times and champion the operational efficiencies.
Needless to say, the blueprint for digital transformation draws upon three actions:
The convergence of mobility, internet and analytics are giving logistics a tech makeover. This is ushering in a new era of into the supply chain by fuelling the business opportunities and creating new revenues. The logistics opportunities created are driving a market transformation from traditional logistics to a new era in Digital Logistics.
Companies can now recognize the changing landscape and invest prudently in process change and
The rise in the increased use of mobility for field service has been in parallel and based on the heightened use of cloud services.With mobile being one of the five top areas for cloud expansion, many of the businesses are employing cloud platforms.
Research done on IT and business performance has found that (a) the more successfully a firm can align information technology with the business goals, the more profitable it will be, and (b) only one-quarter of firms achieve alignment of IT with the business.
FarEye’s routing systems are backed by artificial intelligence and machine learning algorithms that have the ability to self-learn the ‘correct’ address just from delivery addresses, success and failures in the past.