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Digital Fitness:
A Prerequisite For Logistics
Success
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Growth in global trade has shown
an upward trend since the
mid-eighties till about 2008 at
which time the growth stage flat
lined creating stagnation for the
industry. This stagnation has
affected all players in the industry
alike – shipping lines, 3pl/4pl
service providers, ship-owners etc.
Now what?
This applies as
much to the
logistics industry as
it does to other
industries. This is
raising the question,
"what does the
future of the
logistics industry
look like and how
will it be affected
going forward?"
As the stagnation is still plaguing the
industry, the age-old adage “survival of
the fittest” is playing out as companies
are struggling to stay afloat.
Technology Is
Nothing New
Interestingly enough, the logistics industry is one of the most
dynamic industries in the world yet seemingly one of the late
comers into the digital, data and technological space.
However, that seems to be changing as logistics companies
around the world are beginning to embrace the digital revolution
and seem on track to consolidate their digital requirements.
Companies are implementing technology-based changes in
essential logistics functions across various internal processes
covering supply chain procurement, sales & operational planning
and customer services.
The Technology "Musts"
Jit or just in time deliveries, which were
accessible to a select few, could
become a norm as digital technology
makes deliveries, schedule
management, route planning, and cargo
monitoring all possible in real time.
1
The IOT (Internet Of Things) provides
the required connection between the
warehousing team and the distribution
team while providing the customer with
enhanced visibility of their cargo en
route.
2
Warehouses being robotized, drones
being used for deliveries, unmanned
vehicles, big data harvesting are all
being implemented and improved upon
as part of this digital revolution.
3
On-demand and real-time data analytics
on transport rates, all modes of
transport transit times, risk
assessment, predictive analysis and
anything else that creates efficiency for
suppliers, manufacturers, 3pl/4pl
4
Internal Efficiency Makes The
Largest Difference
Companies Are Also Increasingly Focusing More On Their Own
Internal Teams' Efficiency. In Light Of The Instability In Trade,
Natural Disasters, Economic Turmoil, Etc., Logistics, Procurement
And Supply Chain Professionals Need To Have Information
Readily Available To Support Their Decisions.
Making Sure That Goods Get From A To B On Time With Little
Disruption To The Flow, Taking Care And Making Sure That
Chosen Suppliers Are Offering The Best Possible Price With Best
Reliability Is What Matters To Industry Professionals
Logistics/procurement/scm professionals must be able to rely on
easy accessible data and tools that relieve the disruption, cater to
everyday work task efficiency and offer security for all aspects of
the supply chain. Technology can do this.
Benefits Of A Technology-driven
Industry
For technology to play an integral part in this
industry, there has to be effective training of
the people in order to create a digital culture
and to prepare the workforce to use such
tools on a daily basis.
Still, even in its
currently limited
capacity,
technology plays a
crucial role in the
interface between
customer and
logistics service
provider (lSP) and
there are several
examples of its
benefits.
Although the report highlights the lack of a clear digital operations
vision and support / leadership from top management, examples
of this support and leadership can be found in some of the
shipping majors such as Maersk line.
There are also clear economic benefits of digital investments and
a real-life example of such benefits is the container terminal of
Maasvlakte II in Rotterdam. L.
Data analytics is another huge piece of the puzzle, which will help
the ISP to improve ux by predicting the requirements of the
customer and pre-empting/fulfilling this requirement.
No Success Without Digital
Commitment
In an ever-competitive environment, the requirements and
demands of the customers are increasing while at the same time,
growth is stagnating and profit margins are reducing.
LSPS need to fit operationally, financially and digitally in order to
stay relevant and be able to provide their customers a cost
efficient, and innovative service that meets their expectations.
Digital fitness is quickly becoming a prerequisite for an lsp to
achieve logistics success.
Fortunately, getting your company digitally fit is easier than you
think. There are a myriad of technology-based logistics and
shipping companies bringing clarity and information to the
industry.
Real-time Data For Ocean Freight
Intelligence
Download
Free Webinar
Learn how Xeneta can help
You get insight and intelligence into
your global ocean freight prices and
change your logistics business:
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Digital Fitness | A Prerequisite for Logistics Success

  • 1. Digital Fitness: A Prerequisite For Logistics Success
  • 2. Join The Conversation On Twitter @XENETA_AS
  • 3. About Xeneta Container Freight Pricing Transparency With One Platform In Real Time & On Demand.
  • 4. Are You Paying The Right Container Freight Rates? Discover Savings Potential In Real Time. Contact Us.
  • 5. Growth in global trade has shown an upward trend since the mid-eighties till about 2008 at which time the growth stage flat lined creating stagnation for the industry. This stagnation has affected all players in the industry alike – shipping lines, 3pl/4pl service providers, ship-owners etc. Now what?
  • 6. This applies as much to the logistics industry as it does to other industries. This is raising the question, "what does the future of the logistics industry look like and how will it be affected going forward?"
  • 7. As the stagnation is still plaguing the industry, the age-old adage “survival of the fittest” is playing out as companies are struggling to stay afloat.
  • 9. Interestingly enough, the logistics industry is one of the most dynamic industries in the world yet seemingly one of the late comers into the digital, data and technological space. However, that seems to be changing as logistics companies around the world are beginning to embrace the digital revolution and seem on track to consolidate their digital requirements. Companies are implementing technology-based changes in essential logistics functions across various internal processes covering supply chain procurement, sales & operational planning and customer services.
  • 11. Jit or just in time deliveries, which were accessible to a select few, could become a norm as digital technology makes deliveries, schedule management, route planning, and cargo monitoring all possible in real time. 1
  • 12. The IOT (Internet Of Things) provides the required connection between the warehousing team and the distribution team while providing the customer with enhanced visibility of their cargo en route. 2
  • 13. Warehouses being robotized, drones being used for deliveries, unmanned vehicles, big data harvesting are all being implemented and improved upon as part of this digital revolution. 3
  • 14. On-demand and real-time data analytics on transport rates, all modes of transport transit times, risk assessment, predictive analysis and anything else that creates efficiency for suppliers, manufacturers, 3pl/4pl 4
  • 15. Internal Efficiency Makes The Largest Difference
  • 16. Companies Are Also Increasingly Focusing More On Their Own Internal Teams' Efficiency. In Light Of The Instability In Trade, Natural Disasters, Economic Turmoil, Etc., Logistics, Procurement And Supply Chain Professionals Need To Have Information Readily Available To Support Their Decisions. Making Sure That Goods Get From A To B On Time With Little Disruption To The Flow, Taking Care And Making Sure That Chosen Suppliers Are Offering The Best Possible Price With Best Reliability Is What Matters To Industry Professionals Logistics/procurement/scm professionals must be able to rely on easy accessible data and tools that relieve the disruption, cater to everyday work task efficiency and offer security for all aspects of the supply chain. Technology can do this.
  • 17. Benefits Of A Technology-driven Industry
  • 18. For technology to play an integral part in this industry, there has to be effective training of the people in order to create a digital culture and to prepare the workforce to use such tools on a daily basis.
  • 19. Still, even in its currently limited capacity, technology plays a crucial role in the interface between customer and logistics service provider (lSP) and there are several examples of its benefits.
  • 20. Although the report highlights the lack of a clear digital operations vision and support / leadership from top management, examples of this support and leadership can be found in some of the shipping majors such as Maersk line. There are also clear economic benefits of digital investments and a real-life example of such benefits is the container terminal of Maasvlakte II in Rotterdam. L. Data analytics is another huge piece of the puzzle, which will help the ISP to improve ux by predicting the requirements of the customer and pre-empting/fulfilling this requirement.
  • 21. No Success Without Digital Commitment
  • 22. In an ever-competitive environment, the requirements and demands of the customers are increasing while at the same time, growth is stagnating and profit margins are reducing. LSPS need to fit operationally, financially and digitally in order to stay relevant and be able to provide their customers a cost efficient, and innovative service that meets their expectations. Digital fitness is quickly becoming a prerequisite for an lsp to achieve logistics success. Fortunately, getting your company digitally fit is easier than you think. There are a myriad of technology-based logistics and shipping companies bringing clarity and information to the industry.
  • 23. Real-time Data For Ocean Freight Intelligence Download Free Webinar
  • 24. Learn how Xeneta can help You get insight and intelligence into your global ocean freight prices and change your logistics business: Request Demo Now