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.
Freight forwarding is the fastest and compatible logistic service to reach any destination around the world nonetheless freight service is being placed behind the roadway logistics. International Air Transport Association (IATA) has revealed that containerized air cargo declined from 3.1 percent in 2000 to 1.7 percent in 2013 and it has almost remained same in 2015.
It’s been seen, goods get shipped by air are mostly high value commodities, time bound delivery or time sensitive. Freight logistics seem classified under limited scopes, if freight forwarding is to be kept as an option for specific category of deliveries then logistics industry will be stagnant with no progress.
Given figures show the contribution of freight logistics in world trade shipments.So far technology has come across another level of milestones but many things left behind with a need of implementation. Looking ahead, ongoing headwinds continue to point to another year of saturated growth in 2016 as a whole.
The Middle East logistics industry is set to be growing since the modern physical infrastructure is spreading across the region including upcoming railway network.
GCC logistics is at the crossroads and it is likely to get the most benefit from strongly emerging trading activities between Asia, Africa, Europe and GCC countries.
UAE logistics market valuations touched $27 billion in 2015, driven by an increase in import and export trade volume. Analysis shows that economic growth across FMCG and automobile sectors will also escalate demand for logistics services in the UAE.
What are the things you can do to maintain a good customer network and ensure customer satisfaction-
Customer is the base of building a business and in this competitive market, service to the customer is the most important thing. There are several companies which have fallen down because of their poor customer service but that has become traditional now. Customer buy products later, first keep inquiry about post service. Different clients would have different mind set and instances about doing business, nonetheless a solution is required which would bring a new way of selling and giving support to the customers.
What would be the revolutionary way giving client support and gathering clients ?
LogixGrid provides solutions for enterprise mobility to maximize the potential of their services by enabling business transformation and effective customer engagement. Mobile technologies has been expanding at an rapid pace. Mobile solutions can optimize business processes and generate new business. Mobile solutions also helps in Maximizing productivity and business by continuous access to enterprise information, anytime, anywhere.
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.
Lots been written & predicted; how Cloud is re-shaping the business. Cloud is no longer seen as a cheap alternate, its now actively receiving focus from CIOs & CEOs. Small & Medium business (SMB) were the early adopter of Cloud products and still the biggest. From SMB Cloud offers easiness to have state-of-the-art IT infrastructure managing their business.
As per study conducted by Oxford Economics 79% of respondent feels Cloud apps will increase their productivity, 69% feels Cloud apps will bring Innovation & Speed to their processes.
Companies across globe are equally vocal that Cloud has made IT a strategic partner of the business. With Cloud deployment companies are realizing the competitive-advantage gains through improved innovation and collaboration.
If you exploring how Cloud could be adopted in your company, Submit your details LogixGRID Cloud consultants will analyze your requirement to come with a customized solutions for your requirement.
Five KPI for a Logistics company as put-forward in various research papers & market study are –
- on-time receiving
- on-time shipping and delivery
- order accuracy
- inventory accuracy
- accurate invoicing
Till 2011, Cloud was considered to be a marketing hype and not much of companies were interested in it. However, lately companies has started realizing the benefits that cloud products will bring to them. Cloud based products offer benefits like Cost Advantage, Visibility into Cash Outflow, Quick Turnaround, Internal IT Operations Effectiveness etc.
Computer system has always been the backbone of the logistics. In last century, since logistics has gain attention of business across industry, IT has always been a integrated part of it.