When it comes to investing in technology, it is easy to “set it and forget it”. Often companies make that mistake to minimize their spend by investing in a one-time solution, but at what long-term costs? You may be missing out on increasing your operational efficiencies or maximizing your profits when you fail to partner with a technology company that is continuously innovating and enhancing its products. As discussed in one of our most-recent guides, it is critical for Shippers and 3PLs to partner with a tech company that offers a flexible and inventive API solution, especially during such an unstable time in the supply chain.
Tag: shipping
Don’t ‘Set and Forget’ Your Technology Solution
When it comes to investing in technology, it is easy to “set it and forget it”. Often companies make that mistake to minimize their spend by investing in a one-time solution, but at what long-term costs? You may be missing out on increasing your operational efficiencies or maximizing your profits when you fail to partner with a technology company that is continuously innovating and enhancing its products. As discussed in one of our most-recent guides, it is critical for Shippers and 3PLs to partner with a tech company that offers a flexible and inventive API solution, especially during such an unstable time in the supply chain.
Why Digitalization Makes Sense in Shipping
Collaboration is fundamental when trying to move an industry in a different direction and enact sustainable change. This requires that all players in the industry work together to facilitate that change, even those who compete within the market. The top players in the logistics and the supply chain industry are working together during this critical time to develop the right knowledge base. As a member of the Digital LTL Council, Banyan Technology is committed to help foster those partnerships to elevate the industry through automation, standardization, and digitalization.
Top 5 Ways Updated Technology Saves You Money
“If it ain’t broke, don’t fix it” is an old saying that means if something is functioning properly, it’s probably best you leave it alone and not make any changes that could potentially break it. Many companies subscribe to this mantra and keep processes in place that have existed since, what seems like, the beginning of time.
But what if they don’t realize that while their processes may not actually be broke, they could be doing things more efficiently and saving the company a considerable amount of money?
Top 5 Ways Visibility Impacts Your Bottom Line
Visibility is the current buzzword in the shipping industry today. It is tossed around as a solution to some of the current issues affecting the supply chain. But it is more than just a key word to rank for in Google. It is a critical component for 3PLs and Shippers, potentially having a huge impact on your company’s bottom line.
The Value of Connectivity for LTL Shippers
The definition of supply chain connectivity has adapted and evolved to coincide with the new digital age. Today, our industry understands that the effort one puts into connecting their logistics network will have a direct impact on profitability. Indeed, the “new normal” is here to stay, and as a result, creating collaborative, empowered environments for LTL freight shippers is of the utmost importance.
How to Determine the Best Shipping Mode for Your Freight
Full truckload, less-than-truckload, parcel, intermodal. Over-the-road, air, cargo ship, train. In today’s world, there are numerous ways to ship your company’s freight that it can be a daunting task to ensure you make the right call when it comes to moving freight. However, determining the correct shipping mode can have many benefits for your company, including cost-savings, operational efficiencies and improved customer relationships. But, how do companies determine the best mode for shipping their freight?