Although the world has moved forward significantly with technology, many organizations continue to struggle with lack of visibility and nimbleness in their supply chains. The days of sending PDFs from enterprise resource planning (ERP) systems down the supply chain have run their course.
Companies cannot continue to utilize technology that was built decades ago to manage business within their “four walls” for managing supply chains that are growing in complexity and are expected to react quickly to changing business conditions.
Supply chain executives need to leverage platforms that facilitate the digitization of information — i.e. turning documents into structured data.
Once this information is available, versus sitting in PDFs in people’s email inboxes, it can add value to the organization. This concept is not a new concept, but it is one that “says easy and does hard” due to limited availability of resources with supply chain partners as well as within most organizations.
As the world becomes more and more specialized in most every front across industries and disciplines, it becomes clear that the same applies in the supply chain, international trade, logistics and transportation fronts.
Consulting firms that specialize in managing corporate supply chain transformation can not only save time and money in rolling out these initiatives, but in many cases, simply allow the initiatives to happen where otherwise the initiatives would sit in IT prioritization lists for years, while never making their way to the top of the list due to competing priorities specific to the organization’s line of business.
We have all heard that AI and machine learning will be applied to all industries. AI is not able to “learn” or be adapted to help your company if it has no data to learn from. Visibility is the first step towards leveraging new technologies.
Our digital solutions enable us to deliver cost-efficient general cargo and industry-specific services and can be integrated and customized on demand. For example, SPOT, our visibility and collaboration platform, serves all our customers’ needs in connection with our logistics services and also conveniently supports their relations with their own suppliers and customers. It provides real-time tracking, instant updates and predictive analytics, giving our customers significant visibility into their shipments.
Over the past several years, we’ve also digitalized and overhauled numerous business processes, ranging from air and sea freight operations up to invoicing and customs documentation.
Complex paperwork, often a source of frustration for importers and exporters, is now simplified through automated systems. This not only reduces the likelihood of errors but also accelerates the entire logistics cycle, allowing goods to move swiftly and efficiently across borders.