Logistics is a field with ever-evolving challenges that change each year, and 2017 is shaping up to be no exception. For example, with 51% of American consumer purchases made online last year, it’s now more important than ever for businesses to make sure they get their money’s worth when it comes to transportation spend.
Here are three ways we think technology will shape the evolution of shipping and logistics over the course of 2017—and even more importantly, what you can do to help your business take advantage of those changes.
- Transportation Management Systems
A powerful Transportation Management System (or TMS) is a versatile digital tool that’s absolutely essential to shipping—and your business’s bottom line—in 2017.
Among other capabilities, a TMS helps your business to process and optimize outgoing orders based on your choice of parameters, including speed, cost, or fewest stops—all while connecting to your database to track every order in one place. Most importantly, a TMS like MCG’s Transtream can be completely customized to suit your business’s needs. Use it to create and monitor new shipments, track shipping progress, and power an efficient, cost-effective warehouse—no matter how many packages you’re processing.
And because MCG’s Transtream can operate on the cloud, every device is connected and running the same software—whether it’s a laptop in your headquarters or a tablet in your warehouse across the country.
- Data and Analytics
In 2017, your brand has more actionable information than ever available at your fingertips—and if you don’t, you should! With a click or a tap, you can see instantly when your next shipment is leaving the warehouse, whether it’s in Houston or Hainan.
Of course, your business decisions depend just as much on monitoring broader market developments—like the cost of fuel, regulatory changes, and more. The challenge? It’s not always easy to gather that information or organize it in an understandable format. MCG can work together with your company to aggregate and transform that data into meaningful metrics that truly matter, ensuring that it’s never just noise.
- Business Intelligence
Broadly speaking, business intelligence (BI) refers to any process or software tool that helps you organize your data and make meaningful decisions based on that information. In the transportation industry, that means BI tools provide you with critical, real-time information concerning your entire operation.
Better business intelligence, powered by MCG, can help you not only determine whether your shipments are on-time and under budget, but also whether you’re hitting important KPIs (key performance indicators) that your team needs to keep an eye on—without forcing you to hunt for that information every single time.
The key to high-quality BI is focusing on exactly the right data, which MCG has decades of experience assessing. That means we’ll always be able to help you pinpoint what’s most crucial for your business’s success, whatever your needs may be.
Interested in bringing your company’s shipping and logistics to the cutting-edge, all while maintaining cost-effectiveness and boosting your bottom line? Get in touch with MCG today for a no-cost savings analysis.