CIO- presented-June 2016 – focusing on Logistics & Transportation Technology.
Reference : http://goo.gl/3sI0k3 Pg No. – 19
Reference : http://goo.gl/3sI0k3 Pg No. – 19
A next generation solution to automate sales and other enterprise activities has been claimed to be the most economical solution to increase the productivity of sales team.
Multi model logistics companies offer comprehensive logistics platform which are managed by a cohesive team represented by specialists from Supply Chain Strategy, Logistics Operations, Core Transportation, International Freight Management, Freight Forwarding, Contract Logistics, 3PL, 4PL, Warehousing & Distribution, Project Logistics and Customer Relationship Management.
Companies often seek for adequate information of their stock in warehouse and without an appropriate system managing a large network of clients becomes harder and almost impossible.
Having excess load and variety of packages exterminate the visibility which leads to Excess or unexpected shortage. Multi- model Logistics is the fastest growing business across India and rapid growth in business led to overwhelming flow of goods and quick transition which surely would require an automated system.
Excess inventory can decrease cash flow and turn up the warehouse issues. Insufficient warehouse space results redundant labor cost.
Logistics operations are finding way to get streamlined and drawing a path of giving advance service, mobility solutions which count on wireless devices has turned to be eventuated towards success in logistics business however all the mobile applications based on cloud at its best to provide the real time information.
But many logistics companies who are still expecting a solution which can be affordable with advance technical facilities. The truth is logistics companies whether it’s a courier based or transportation or any cargo, for competition they fail to see the profit at initial stage of business which pulls down the interest towards business and they find traditional system left for them to retain their existing business. Logistics business is more of partnering rather than providing services alone to cater wide area and their business partners who either don’t communicate appropriately or incompatible to meet the demands results lose opportunities.
Logistics process is typical yet can’t be ignored to have a concern of economic growth, if there is no logistics in the market business will get stuck. Essential elements towards country’s revenue generation will be stopped if transportation process cannot take place appropriately. Consumer goods and domestic trading cannot be a reason for provision of better life. Importing the goods and globalization should be inexpensive for people to access.
Logistics is likely to become an emerging industry in Africa having huge remunerative opportunities for Supply chain service providers across substantial infrastructure problems in the countries. Kenya and Nigeria’s logistics market is inclining towards high growth for reasons like high local trading, expansion and diversification of international demands by domestic consumers.
Logistics solution to be called green for the prospective approaches towards increasing energy efficiency, productivity, safety society in terms of transportation or distribution of goods with lesser operational cost. More precisely attention held on to the process optimization by implementing technology begin from packaging, inventory, transshipment, warehousing, delivery of goods.
How many logistics service providers think about preparing an Eco-friendly environment of providing services that is undefined but they are yet to completely develop a proper green logistics work flow through which reduce cost of freight, fast delivery and client satisfaction would have maintained.
The economy which has be-come more information rigorous, global, techno- logically sensitive is going through remarkable changes. Manufacturing in India is expected to grow at a healthy CAGR of 9.5 percent. But presently, India loses $65 billion every year due to losses incurred by supply chain systems. This is where the need for a reliable and quality logistics solution lies, Headquartered in Gurgaon, Haryana, LogixGRID has been bring-ing in the might of cloud computing and the mobility of mobile platform to the supply chain industry using its innovative solutions. With prime focus in real time results, connectivity and visibility, LogixGRID is setting a bench-mark.
The logistics industry is being compelled to invest in technology and value added services to cope with customer pressure for better service and lowering the price while competition.
But the result or return of investment has not been found fruitful comparatively so far, the confidence in the entire logistics industry has dropped to a four-year low.
Despite the drop in confidence, companies are using both technology and value added services to retain existing clients and attract new business but question rise again; What drastic change of growth has seen with that investment?
Five KPI for a Logistics company as put-forward in various research papers & market study are –
LogixERP is a Cloud based ERP designed specifically for the logistics. ERP comes with various integrated modules which enable end-to-end management of logistic business.
Every organization is the ERP is classified based on their primary business – Courier; Transportation; Warehousing; Freight Forwarding. Based on the business different modules & features gets auto-activated in the ERP.
So whatever is your logistic business, LogixERP is ready to manage it.