Manufacturers from various industries aim to reduce logistics operational costs to achieve a competitive edge. However, manual logistics processes continue to hinder the budget due to increased detention, unoptimized TAT, high freight rates, coordination discrepancies, follow-up calls, and lack of visibility into the dispatch cycle. All of these are primary contributors to the high logistics cost. Digitalizing the supply chain operations is a step towards reducing the cost head and ensuring budget adherence. 7 Transformational Digital Solutions to Reduce Logistics Costs Float the load requirements digitally Digitalized vehicle sourcing solutions like SP Freight Sourcing-Spot enables the logistics teams to digitally float their load requirements and reach out to multiple transporters. This allows them to receive more quotations with minimal manual follow-up calls. Automated e-negotiations with the reverse auction feature Digitalized logistics solutions like SP Freight Sourcing-Spot offer the reverse auction feature to enable transparent negotiation processes. It allocates a rank to all transporters as per their freight rates which they can view in real-time. They can revise their quotes to improve their ranking, ensuring that manufacturers get the best market freight rates. Automated indent allocation processes Automated load allocation solutions like SP Indent Allocation ensure faster processes with a reduction in manual workload, errors and deviations. As a result, there is a notable reduction in the TAT, and low TAT, in turn, reduces the logistics cost. Transparent in-plant coordination and operations In-plant logistics solutions like SP In Plant Logistics enable the logistics team members to coordinate with each other in real-time. Logistics team members can coordinate efficiently and prevent discrepancies. These benefits reduce TAT and enable seamless in-plant workflow. Real-time tracking of in-transit shipments Digital solutions like SP Shipment Tracking allow the logistics team to track their shipment status through a GPS-tracking feature. All vehicle movements and deviations are captured accurately, ensuring reduced detention at unloading. Digital alerts and updates of every process stage Digitalized solutions like SP Proof of Delivery provide real-time alerts and updates to reduce follow-up calls, minimize manual workload, and enable strategic actions. As a result, stakeholders can collaborate efficiently & reduce the TAT. 24*7 web & mobile access Digital logistics solutions like those of SuperProcure offer 24* 7 web & mobile access feature, thus enabling improved coordination and participation among the stakeholders, ensuring faster TAT. Digitalized logistics- A game changer in business’ supply chain management Implementing SuperProcure’s optimal logistics solutions can yield optimal cost dynamics in business logistics. Its tailor-made solutions ensure budget adherence from freight procurement to invoice settlement.