4 key factors to take into account
Estimated at $ 957 billion, the logistics market is expected to grow 7.9% by 2027. In order to improve productivity and to overcome the constraints of an increasingly competitive market, companies need to optimize their supply chain. To do so, they must rely on the support of innovative and efficient software that allows them to efficiently manage the daily flows.
A digital marketplace that facilitates on-demand delivery by connecting shippers and carriers: Easy4Pro simplifies the management of purchasing processes and helps reduce costs by providing real-time information on market trends.
Logistics has become one of the most important aspects of business management. In a global context of a health crisis, the Russian-Ukrainian conflict has added additional tension on supply chains which are already being tested by many disruptions.
To guarantee the smooth running of logistic operations, it is crucial for companies to find reliable suppliers and to be able to benefit from effective assistance in the event of a problem.
For this, technology is the solution for seamless logistics. Indeed, companies are increasingly investing in better digital technologies to support their transportation operations. Transportation procurement management software, for example, makes it easy to find the best carrier for each transportation need and tracks the progress of their service. But before choosing the right logistics tool, it’s essential to consider a few factors to make the right choice.
1 – Select new and reliable suppliers
The amount of 3PL logistics services available can be immense. Logistics software should provide access to a large number of providers. At the same time, it should make it easy to identify the trustworthy ones. And above all, it should know how to measure the price/quality ratio of existing suppliers and perhaps even expand the collaboration. For example, the ability to invite new companies, but also to access the history of suppliers, are highly desirable features.
2 – Helpful Data Analytics
Logistics is a complex process involving various factors such as delivery time, costs, and administrative procedures. If companies do not automate their logistics processes, they may lose the chance to collect valuable data insights.
A system that is capable of collecting this information in a transparent manner, processing it and presenting it in an easy way, offers a variety of opportunities to optimize the process.
Tracking costs over time, the number of delayed shipments and supplier-specific key performance indicators provide useful insights for selecting the right supplier for the next order.
3 – Facilitating transparency and regulatory compliance
With importing products a large number of regulations have to be taken into account, which can differ per country. At European level, 2022 is the year when several regulations from the EU mobility come into effect. These will substantially change the legal framework and governance of road transport in Europe. It is therefore important to examine to what extent the chosen logistics software is oriented towards procedural compliance. Some platforms like Easy4Pro include freight auditing services, and even intermediation in case of delivery problems.
4 – Finding the right balance between automation and support
Next to having access to reliable suppliers and a relevant analysis, the ability to receive effective support in following regulations is also important.
Hence, the combination of automatic processes and real-time support is probably the best approach, and this is where Easy4Pro excels. Thanks to a very quick and simple transition in the system, companies can start optimizing their logistics processes almost immediately.
“The deployment of the Easy4Pro solution did not cause any difficulties internally. From the moment I presented the solution, the teams immediately understood the importance of a platform that would allow us to bring transparency in our purchasing process while also reducing costs. The training provided by Easy4Pro allowed the teams to ask the more technical questions, even though the tool itself is quite intuitive and easy to use.”Olivier Gouzou, supply chain regional manager of Magneto Automotive, CLN Group
Visit www.easy4pro.com for more information.