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?
According to the American Trucking Associations, freight tonnage hauled by trucks would increase by 27% (between 2016 and 2027). With global retail sales to touch $27 trillion by 2020, it just adds to the problems of high volume and restricted resources. Most of these companies would win or lose based on how they optimize their last mile deliveries.
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.
Static planning is a function of yesteryear. Wake up to new-age dynamic route planning for your field agent management. Most of Fortune 500 companies are maximizing the value of their active field agents using intelligent planning and optimization. It’s the most appropriate tool at the hand of managers to reduce costs and improve efficiency.
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.
Location Intelligence & Analytics has now become a core data source that helps in contextualizing of location-centric data, so that meaningful insights could be derived from the same and strategic business decisions could be made. It has emerged as one of the major segment in the field of market research.
LogiNext partners with what3words, an Aramex invested-in precision location identification company, to create the most disruptive field service optimization tool the world has ever seen.
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.
What is ‘innovation’? You may have heard the term fly around in business meetings, but what does it really mean to the chief strategist of the company? Innovation means, approaching a problem or an inefficiency from a different angle or viewpoint to derive more value from it. To put it a straight war, innovation is to create or harness more of what you already have.
A logistics management software works toward ensuring greater control for the managers over daily ‘logistics solutions’ scenarios. There is still some way to go to achieve total visibility. Here are some product wishes that all Chief Supply Chain Officers would factor in their resolutions.