Consumer packaged goods (CPG) industry has been on a growth curve with a sustained CAGR of 10% possibly hitting $721.8 billion sales by 2020. Which side of this growth would your company stand on? One of the major driving factors for CPG, where bigger companies have their brands readily recognizable the world over, is being in the right place at the right time.
The client was one of the largest online home goods retailer in North America with more than 60 million active online users, 10 million hosted products, and 20,000 suppliers. LogiNext optimized their entire logistics movement with optimized carrier handling and high customer (delivery) experience.
As technology becomes deeply ingrained in the business operations, cloud-based tools lead the charge toward a new and improved fleet management landscape. From automation to IoT to in-fleet GPS tools, technology is the secret sauce to help fleet managers achieve goals across their organization.
Here are the top 3 things that’ll stay strong in 2019, shape how logistics is handled, and business is conducted across the globe. With the best delivery route planning software, logistics management would be more streamlined than ever before.
Internet of things (IoT) with the latest in machine-learning backed algorithms are the way logistics would be optimized to meet all customer demands and requirements, right from fast shipping, live tracking and notifications, and on-time delivery with optimized final mile movement.
Gone are days of static analysis and planning. Deliveries are made not within charts and tables. They are made live, so should their scheduling and routing. All live. You know everything one glance, you can do everything in one click.
Amazon’s prime day upped the utilization of their fulfillment centers by over 25%. They have made their logistics leg into a powerhouse which they keep leveraging to get ahead of the competition. O one hand they are losing money and on the other, they are continuously building value, much more than any other company. What’s the key here?
Ever wondered how some of these big-name e-commerce companies across the globe manage international sales events? It is only possible with tech creating shorter delivery routes and more successful (on-time) deliveries per day. This tech is the crux of what makes same-day delivery, not just a phenomenon but a reality.
Tech adoption and change management go hand in hand. You may invest billions in the latest tech, but if your people aren’t using it properly and getting the most benefit out of it, you would never see the full extent of benefits. How to avoid this? Train your folks in the best way of doing things.
Tech investment is not something you just write-off in your balance sheet, it’s about building for the future. With on-premise servers, even though the cost diminishes over time, their outdatedness increases. What’s the point of owning a cost-effective system which was relevant three years ago?