Overcoming Challenges in the Supply Chain with Technology
The first half of this year has been filled with a number of challenges and new opportunities for supply chains. The pandemic has changed the volume and pace at which consumers are purchasing products. As a result, logistics professionals have been identifying ways they can pick up the pace of their operations without sacrificing quality. Technology has been at the forefront of possible solutions.
Here are some challenges to keep an eye on as we head into the remainder of 2021:
Challenges
Changing Consumer Demand
Consumer preferences and priorities have changed significantly this year. Shoppers are looking to make practical purchases with a fair price tag. While the occasional splurge isn’t out of the question, consumers need to feel like the product is genuinely worth it. Online reviews are especially important when it comes time to make a purchase decision. Detailed videos of product overviews and opinions from people who actually own and use the product are available online in a number of forms, making them easy to watch.
Faster Delivery Pace
Nearly all companies are sensitive to the speed of their final mile delivery process. Consumers have grown to expect a quick turnaround after placing an order online. Access to detailed tracking information with real-time status updates is also important. Quick deliveries and accurate status information that’s available to customers is essential.
Supply Chain Strength
Both of the challenges described above feed into the need for a strong supply chain with seamless operations. In order to keep up with heightened expectations, higher order volumes and faster shipping requirements, supply chains must work efficiently while maintaining quality. With so many moving parts involved, improving supply chain operations can be difficult.
Leveraging Technology to Overcome Obstacles
Luckily, there is a technology platform with the ability to answer these challenges and more. A transportation management system (TMS) makes it possible for shippers to save time and money while improving operational efficiencies. By implementing Kuebix TMS into their logistics operation, shippers can ensure their supply chains are running as smoothly as possible. Kuebix TMS is cloud-based and can scale to accommodate the size of any growing business. Users can leverage the rate comparison feature to view their options side by side and make the best informed decision. Detailed reports and dashboards help users take a closer look at their business and identify areas with potential for improvement. Kuebix TMS users can seamlessly integrate with Trimble Visibility to access real-time tracking information down to the SKU level and actionable analytics.
New challenges and trends will always exist in the supply chain. It’s up to logistics professionals to respond in a way that not only helps them adapt, but accelerates their growth into the future. The best way to do this is by implementing a TMS into your supply chain!
