The logistics solution provider industry is one of the fastest growing sectors in the Asia Pacific region. Asia Logistics Summit 2021 has been called a successful full-day conference, featuring the most prominent leaders in the logistics solutions sector, not only in the Philippines but throughout Southeast Asia, to discuss and share best practices that will help improve the global economy. This two-day event focused on six key areas, which we have highlighted in this article: Asia Pacific region overview, best practice, business case analysis, risk management, collaboration and innovation. The goal is to bring together the leading logistics providers in the region to share best practice and implement those into their own logistics operations. Below are the top three highlights from the Asia logistics summit:
In this first part of the Asia logistics solution provider overview, we look at the role of experienced freight logistics companies in improving the quality and efficiency of an Asian delivery chain. We identify key areas for improvement in order to foster better customer relationships, shorten delivery times, improve logistics, reduce transportation costs, and reduce waste. Also discussed are issues such as pricing, vendor lock-ins, over-supply, excess inventory, and poor service support. We conclude with a case study on how logistics provider Marathon USA addressed some of these challenges by revamping the entire supply chain management process.
In the second part of this two-day Asia logistics solution provider seminar, we gathered a panel of executives from various logistics solutions providers to discuss some of the challenges that they faced in implementing their supply chain management processes. These included problems such as over-supply, vendor lock-ins, inefficient logistics processes, delays in product arrival, capacity planning, poor service support, over-supply, and poor customer relations. We concluded by looking at how such issues can be addressed through logistics training, leveraging technology and other modern approaches. The main message was that logistics providers need to ensure they have in place the right processes, the right tools and the right people in order to run a logistics business effectively. They need to also be highly networked in order to gain access to the markets they serve.
Problems arise when there is a mismatch between the number of deliveries made in a day and the number of clients or customers who are willing to make those deliveries. In an ideal situation, a logistics solution provider would be able to meet the demand of its customers over again without worrying about whether it would have enough supplies the next day. Unfortunately, things are not so simple. If you are a logistics provider then you know that it is very difficult to deliver a single package to a single customer on a specific date. You may have to make multiple deliveries per day, but each delivery adds to your overall delivery costs.
When it comes to streamlining the logistics processes, it is important for a logistics solution provider to use automation in order to improve efficiency. Automation helps you streamline the entire delivery process from planning, materials and product procurement, supplier and client procurement, delivering, logistics tracking and client returns. Streamlining these business logistics operations will allow you to provide a consistently high level of service to your clients while at the same time increasing the speed at which your company can complete these deliveries. For example, if your logistics company use manual processes to order materials and generate invoices, you may find that your business logistics outsourcing provider can take care of half the job.
With automated software, your customers can specify their preferences for time frames, materials and locations and your logistics solution provider will then generate the optimal transportation needs for your company. The automation of your business-logistics processes will reduce the amount of paperwork you need to generate, thereby reducing your overall logistics costs. For a business logistics company, automation allows you to focus on the activities that will ultimately help you increase revenues. The combination of business logistics technology and automation will enable you to manage your logistics needs with greater efficiency and ultimately meet the needs of your customers. Find out more details in relation to this topic here: https://en.wikipedia.org/wiki/Cargo.