The operational possibilities have never been as varied as today. We’re all talking about exponential growth; tomorrow there will be (even) more possibilities than today! Developments like the above have an impact on our society. That the way we work is going to change drastically is a fact. Innovation is creeping into all parts of society. Companies are experiencing that known earning models are changing also.
Transport and logistics is one of the fastest growing markets worldwide. The very complex sector is struggling with net margins between 3 and 5 percent (Kruger.eu). Where some of the branches are anticipating and preparing for technological growth in the coming years, it is a pure necessity for logistics service providers to make quick decisions. In addition to a number of spectacular technological trends, there are a number of branch features that developed, in part, due to the crisis and recession. Research by the ING, Dutch Retail Bank, indicates that the mutual financial differences in the transport and logistics sector have increased. Return logistics, such as repair, gain importance and there has been a chain shortening through e-commerce. Especially this latest development has had a huge impact on logistics service providers. Playing a role in the transport of online sales products proves difficult. Costs are often decisive in this regard; bigger webshops and producers often take the matter into their own hands.
Some of the spectacular technological trends in transport and logistics are access to information (Internet of Things), data and artificial intelligence, blockchain and quantum computing. The role of smart solutions is ever increasing and is precisely the solution in situations where opportunities are currently being missed.
Making the decision to purchase new smart software is often the simple part. The understanding of all facets is crucial. The consequences of a wrong choice can be disastrous. This is why logistics service providers postpone making this decision. LSS, Logistics Software Solutions, would like to talk to you about the impact of postponement and the possible implementation of the iSuite: a smart software developed by freight forwarders for freight forwarders.
For more information about the iSuite of LSS, you can contact us by calling +31 (0) 88 1050300. Or by sending an email to email@example.com.