The World Bank has said logistical costs swallow up around a quarter of Indonesia’s gross domestic product, citing bottlenecks in supply chains, long dwelling times in ports and lengthy trade clearances. Indonesia’s e-commerce sales are set to rise from 3 percent of retail activity now to 19 percent by 2027, Morgan Stanley estimates.
We have seen the Walmart acquiring Jet, Bonobos, Modcloth, and Shoebuy while planning to set up around 1000 pickup locations for online grocery shoppers. Racing Walmart to the front is Amazon with its grand acquisition of Wholefoods to enable faster deliveries with multiple pickup options.
Optimization is doing more with less while sustaining (or bettering) the efficiency of operations. With multiple orders and shipments constantly moving with an excess of customer requests and demand, fulfilling on-time deliveries consistently not only saves costs but also increases the overall brand value for the company.
There is a way to bridge this gap, between the expectation and outcomes. And it is ‘tech-backed optimization’. Cloud-based optimization of resources, routes, and deliveries is the best way to ensure that your company not just matches industry benchmarks, but also breaks and resets them continually.
To perfect field service automation and optimization, you must assess the knowledge base and abilities of your workforce and automate allocation of specific tasks requiring a particular set of skills to the field service professional possessing the same set. This would bring down the probability of dissatisfaction for your customer by dispatching the perfect field agent suited for the customer’s problem.
Cue in the Justice League (2017). Even though Batman vs Superman left our mouths wide open; sometimes in awe and sometimes in surprise/confusion. Justice League promises to be bigger and better, as it now has ‘The Flash’. LogiNext has enhanced and boosted many such leagues in integrated ERPs around the world.
Netflix Originals, which has stormed the internet globally, Narcos accurately depicts the rise and fall of Medellin drug cartel across first two seasons which revolve around the drug lord Pablo Escobar and the United States Drug Enforcement Agency (DEA) trying to nab him down.
Optimization is the latest word buzzing across all the industries and all the geographies. Ever wondered why is this keyword driving so much of business growth in recent times? A customer, whether business or individual, has multiple choices for every other product or service. In such a scenario, the cost and quality are the two major factors that influence the final purchase decision.