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.
Technology has enabled us to record, plan, allocate, dispatch, track, validate, and analyze all freight movement from a single dashboard with clear and real-time actionable insights in an easy-to-understand format. This leads to an agile, reactive, and dynamic setup for a company’s transportation management system.
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.
Consider the transportation industry. Transportation is no longer a support function, it is a necessity. The past year saw the highest amount of vehicle sales in most developed nations. The United States had more than 17.5 million car sales in 2016. Consumer movement is catching up with logistics transportation in some places and outperforming them in other places.
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.