How Top Logistic Companies are Earning in Billions with Technology Upgrade?

How Logistic Companies are Earning in Billions with Technology Upgrade

Technology has invaded every business space and logistics has experienced some interesting transformations over the past 2-3 years. The changes in warehousing and transportation are primarily fueled by ever-increasing customer demands, varying consumption patterns, fast digitization, and the signing of lots of international trade treaties. Then, the eCommerce boom has increased market competition globally, thus forcing logistics providers to take innovative technology initiatives.

The market is now ready to explore different options in logistics segments like warehousing, information processing, transportation, material handling, purchasing, demand forecasting, production planning, etc. This has resulted in a growing demand for customized IT solutions for the logistics industry. Here we discuss some new technologies and solutions that have helped systematize and simplify the “first mile” to “last mile” logistics practices.

Advanced Web Services and Connected Applications

The Logistics business immensely depends on technology that can efficiently and securely transmit data. This emerging market, therefore, demands tailor-made IT solutions for the transportation industry that can connect and talk to each other in different types of B2B, B2C, and intra-business situations. Furthermore, this business segment also needs applications that can support multiple devices and talk to the existing systems on the floor and on roads.

Our team has expertise in designing smart enterprise applications and developing mobile app solutions that remove obstacles and connect the right way to maintain an uninterrupted workflow.

Advanced GPS Solution To Simplify Fleet Operations

Many logistics companies have switched to end-to-end GPS solutions with highly advanced features that are customized to meet specific demands of the cargo and logistics segment.  Such solutions cover all necessary aspects of logistics management like fleet monitoring, real-time vehicle tracking, heavy equipment movement tracking, Google map integration, mobile workforce management, and much more.

Evince, the reliable IT Partner USA can work out a seamless vehicle tracking system that helps manage the workforce and resources efficiently while optimizing the last-mile delivery process.

Real-time Analytics

‘Data’ is the key component whose efficient management can help gain a competitive edge in logistics. Many logistics companies are losing big business because they are following the conventional method of analyzing fixed-format reports generated from the stored database by their programmed computers. These same companies can experience significant improvement in earnings by shifting to Big Data Analytics tools and techniques. With real-time analytics, companies can promptly make essential decisions and implement innovative solutions that would have taken months to execute.

As your IT Partner USA, the Evince team can turn your huge volume of passive data into functional and profitable business intelligence.

Business Process Optimization

Often, the logistics companies need to address different issues at the same time, which results in delays and unnecessary expenses. Such problems may arise due to a fault in the operational strategy or due to the inefficient implementation of the end-to-end management process. With business process optimization consultancy services offered by Evince, it is possible to standardize and automate processes, thus eliminating activities that don’t add value to the business.

Enterprise-Level Security Solutions

The technology update process of the logistics company should take into account one core problem i.e., security. As the logistics and warehouse management solutions now transmit data over the cloud and internet, that demands maximum stability and security of the software and the overall system. Therefore, the need of the hour is advanced enterprise-level solutions with high-level integration expertise beyond conventional security systems.

A solution provider like Evince can work out a full-proof IT solution for the logistics industry with intelligent alarms and alerts to protect important logistics data and critical operation points.

How You Can Grab The Largest Pie of Transport & Logistics Industry? Read it in our 3 parts blog series here:

Part – I – Will Growth In Transport Business Hit $12,256 Billion Mark by 2022?

Part – II – What Does Logistics Industry Trends Mean To Your Business?

Part – III – How To Grab A Big Pie of Transport & Logistics Economy With Digital Transformation

To conclude

Top logistics companies are making billions because they have resorted to automation early and have implemented innovative measures before others. However, as the saying goes, it’s better late than never! So, even if you are taking a late decision to upgrade technology for your logistics business, ensure you partner with an efficient global enterprise solution provider only.

Exit mobile version