In shipping, visibility and access to data are critical for monitoring shipments and evaluating your shipping operations. The data captured by those companies utilizing a digital solution when they rate and schedule their freight gives them a heightened view into their shipping so they can analyze processes, shipping costs and overall freight management.
In the current shipping environment, Shippers and 3PLs need access to real-time, over-the-road (OTR) carrier connectivity to respond quickly to rapidly changing market conditions. According to FreightWaves, “Shipper networks have been put to the test over the past two years and data has allowed for shippers to build resilient supply chains despite the curveballs they have been thrown.”
Expectations for added efficiencies in First/Final Mile shipping are increasing for B2B customers. According to a report from the Capgemini Research Institute, 55% of the companies that were surveyed said they would switch to a competing brand if it offered more efficient delivery services. However, successfully fulfilling the demand for faster shipping in First/Final Mile is complicated and requires an automated solution.
Shippers and 3PLs are learning to embrace the changes in the supply chain by relying on technology solutions that keep them agile and positioned for success. To mitigate issues with carrier capacity and protect profits while managing costs, they are seeking providers that have solutions for all over-the-road (OTR) shipping modes, including Parcel.
More and more Shippers and 3PLs are turning to technology to help manage their freight and ensure consistency in their over-the-road (OTR) shipping operations. These leading companies have a competitive advantage and can access data easily to make important, cost-saving business decisions, whereas companies utilizing outdated technology or manual processes have not maximized their shipping potential.
It is widely known that outdated systems and manual processes negatively impact productivity and profitability for Shippers and 3PLs. About 50% of logistics and transportation companies say they weren’t just unlucky in their businesses -- outdated technology caused them to lose customers. Consider updated technology solutions for remaining competitive in the supply chain.
