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
FarEye’s internal database of over 1 billion stored addresses improves the address quality by 20-25%. Another layer of intelligence is further applied to convert the text-based addresses to geo-pins on map for optimal routing.
A good IT infrastructure affects the cost and quality of information and changes the economics of information. Outsourcing enterprise mobility helps firms contract in size because it can reduce transaction costs- the costs incurred when a firm buys on the marketplace what it cannot make itself.
The Food industry is one of the most operations-intensive industries where creativity and efficiency are of equal importance. With competition rising like never before, customers give a lot of significance to speed, quality, and over all experience.