If there is one thing we know for sure, the goods we order from the comfort of our mobile phones and devices are sure to end up at our doorstep in record time. And there is no doubt that we owe the speed in which we receive our orders to the many ways the supply chain is applying technology to their supply chain processes.
From global distributors to warehouse management and even the delivery crew, technology has touched nearly every aspect of the supply chain. Because of such, the way the whole industry functions has seen a massive improvement.
Technology Aiding in Industry Growth
The past two years have thrown us years ahead regarding the need for technology within the logistics industry. It was and still is a pivotal time in history, and because of such, this moment will be something that business owners and suppliers will continue to talk about for years to come.
In many ways, this time in history was the best thing that could happen to the supply chain! Why do you ask? Because without it, the industry would have been much slower in its growth and improvement.
In an instant, the supply chain became vital to families and businesses worldwide. We saw firsthand how important the supply chain was and how much they do for the world.
Moving medicine, food, building supplies, and fuel, much of the world would have been at a complete loss without the logistics industry. Moreover, due to high demand, the supply chain had no choice but to turn to technology to better serve those that depend on them.
Around the World In Record Time
Thanks to innovative ideas and developed technology, many logistics companies can make their deliveries much faster than before. This is a huge gain, especially for businesses that count on their goods to come from other parts of the world such as Asia, Europe or Latin America.
A great example is the (IoT) Internet of Things in fleet management. This system of technologies communicates with one another to aid in delivery, tracking, and even inventory management.
In this way, the supply chain management can know how to respond in difficult situations to get goods to their destination safely and on time. It can also aid in inventory count and even temperature control and monitoring. This is extremely important for companies that deliver sensitive items such as food and medicine.
Communication Made Easy
You already know we have to talk about communication! It’s essential to everything that the supply chain is about! You can’t possibly deliver goods globally without communicating with the people that are a part of the supply chain process.
Technology such as IoT, as mentioned prior, and material requirements planning software known as MRP are the types of technology solutions that further help improve the movement of goods.
An MRP system keeps track of inventory and communicates to suppliers and manufacturers when a fresh product shipment is needed. Not only that, but it’s able to calculate which materials are the most cost-effective and can provide an automated way to calculate changes in demand.
In this way, the automation takes care of the manual record keeping in inventory count, demand, cost savings, and supply orders. In addition, these systems make communicating with warehouses and distributors across the globe seamless. When information is accessed with ease and speed, it makes the functionality of the supply chain more efficient and reliable.
Automation and Data that Drive Accuracy
You can automate and track just about anything when you put automation to use! Within this industry, automation has been one of the most influential pieces of technology.
There are many moving parts to supply chain management, and companies can easily drown in the number of processes they not just have to keep up with but must stay ahead of.
Automation and data collection help logistics companies know and understand the people they serve no matter where in the world they are. It gives more accuracy and dependability to those who rely on them.
Pairing the data a company collects on things such as products, delivery speed, customer satisfaction, and employee efficiency with automation only makes sense as these processes, when conducted manually, take up a significant amount of time.
In this new age, we are embarking on speed is now a top priority! And if you know your customers, their demands, and the functionality of distributors, warehouses, and your fleet on a global and local scale, you are more able to provide services at speed and are sure to improve your processes and witness growth along with it.
Make Technology Your Business Partner
The benefits of creating a technology ecosystem within your supply chain only compound with each new integration that you implement. We understand the importance of improving how you move your products and get them into the hands of your customers.
That’s why we shifted our creative and innovative efforts, focusing on providing technology solutions to eCommerce and logistics companies across the globe.
We have created many solutions addressing the many challenges you often see industry-wide. We believe in innovation and repurposing technology to give our customers scalable solutions of value. Let’s connect to explore how technology could benefit your business goals!