Each industry has its fair share of points of pain. However, an inability to address these challenges in the shipping and logistics sector can translate into severe supply chain disruptions and lead to significantly unhappy customers. Let's look at the elements that managers simply can't stand, and the best ways to sideline these issues and put the organisation back on the road to success:
Rising costs: A recent Capgemini study found that the top concern among today's shipping and logistics managers is reducing the cost of transportation. This issue is related to rising fuel prices, which may lead to increased surcharges for each shipment.
No vision: Interestingly, there are more data available to many shipping managers than ever before. At the same time, when analysing all these available data and transforming it into valuable, actionable insights for decision-makers, there is a crucial lack of visibility. Using intelligent software solutions that can provide key shipping and logistics reporting and analytics is one of the best ways to avoid this pressing issue. This will not only include rows of numbers, but details that can help managers analyse their carrier relationships, see trends in historical shipment data, and complete invoice auditing.
Siloed technology systems: Today's shipping and logistics managers use a range of different software platforms to support daily operations-from business resource planning to and beyond inventory management systems. However, if these elements are not united into a single silo-free system, it can contribute to lower productivity and higher human error potential.
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