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
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 –
Since you are reading this whitepaper you must be looking for the best way to connect with your customers, providing convenient and effective service eventually retain them for longer and maintain a large customer network.
Acquiring a new client is as easy as hard to maintain them but competition in the market make both the things tougher because everyone wants to be the best if it is about convincing customers about giving best service or retaining customers with customer satisfaction.
E-commerce business has been turned out to be the most emerging business in few recent years. Sales through internet is increasing at a higher rate than traditional offline retail sales. As the way technology is taking part to drive business either by providing first-rate customer service or sharp edge operations, it is to be surely said that e-commerce sector will rule in the competitive market.
Reasons of driving E-commerce
Most number of investors are showing interest on internet business rather than traditional business method. Online payment method and modern wave of logistics have made internet business much easier. Continue reading
More than half of top most global companies are situated in Africa which is rapidly changing the current situation of African Business. The Continent abruptly has become the prime destination for multinational companies to functionalize their operation. Recently the government’s approach and many large entities has been involved to improve the logistics infrastructure in the states which in result captivated the existing companies to expand their business and branch out regionally from one African country to another. As the projects for infrastructures and policy improvements has been undertaken, in no time FMCG, Retails, E-commerce, Pharmaceutical industry have been seen to grow in the states of African Countries, howbeit E-commerce industry has been heading up with a greater pace in the African market, Since the logistics infrastructure is being slightly challenged in the African Countries, E-commerce sector is yet to be placed where it would be. Certainly the mobile phone users in Africa has been immensely increased in numbers more than 500 million where it was taken 20 years to connect 100 million and attracted 200 million more users in just next 3 years which turned a massive upshot for internet business scopes of internet business.