If you are a regular online shopping customer, the message “Your order is out for delivery” would definitely excite you! However, one cannot exactly keep track of the present location where the goods are currently. This is where real-time visibility comes into play.
The new-age customer needs up-to-date information with the exact location of their order and business in today’s time has realized the importance of fulfilling this need. Right from sending out a single message notifying the customer about their order being out for delivery, to giving real-time delivery updates since businesses have come a long way!
In the early days, tracking down a fleet to its destination at all points was impossible. By relying on manual processes and seamless coordination with multiple stakeholders is really a time-consuming and expensive process. But the digital transformation of logistics processes has completely changed the game. With the recent advancements in technology and software, we have tools that allow organizations to have real-time access to the delivery activity.
In this blog, we have discussed the importance of real-time visibility in the logistics industry.
What is Real-time visibility?
Real-time visibility means capturing the live information that allows you to monitor the route of the goods and their exact location at any given point. It enables you to understand what is actually happening with the product and the occurrence of any issues. It allows you to resolve the challenge by ascertaining the situation and finding the best solution on the spot which can help in saving costs.
In particular, this factor has greatly influenced the Supply Chain and Logistics industry. As the sector deals with the product and goods, tracking and tracing in real-time since the movement changes from one place to another right from suppliers, manufacturers, warehouses, and hubs to the customers.
Real-time visibility in the supply chain makes use of logistic delivery management software to allow businesses to plan, schedule, monitor their logistics processes at all points. It provides supply officers with access to tracking information such as order receipts, the present status of raw materials, regulatory information, and the exact status of the order.
Key Benefits of Real-time Transportation Visibility in Logistics:
In the present time, supply chain management has become an important component for every business organization that seeks to conduct its operations more efficiently with better efficiency. In the world of the Logistics industry, to inculcate this technology within your operations in order to survive in the current challenging environment:
Reducing costs is more often the number one goal for most organizations. Real-time insights about the orders whereabout throughout the transition stage is a crucial factor contributing to achieving cost-effectiveness.
Accurate insights and data about inventory, routes, logistic issues at different points can allow businesses in dealing with challenges and resolving the discrepancies at the right time. This thereby not only enhances productivity levels but also offers a high Return on Investment (ROI). Added, increased visibility can eliminate unnecessary route diversions and vehicle idling.
2. Enhanced Customer Experience
The customers in the current era are smarter and well-equipped with technology than in previous years. They expect a faster and better delivery experience from businesses across various sectors. Since customer satisfaction is the major motto of an organization and a major competitive differentiator, businesses have realized the importance of making logistics operations customer-centric.
The high expectations from customers have led to an extremely competitive online delivery marketplace wherein businesses strive to deliver the products in a short period of time without any delays or mistakes. Real-time delivery empowers businesses to provide customers with live updates on the delivery progress.
3. Limited Risks
Insights about every step of the logistics process and the supply chain can allow business owners to eliminate the risks. Real-time visibility in the supply chain helps to determine risks and figure out the corrective measures before the long-lasting challenges leading to different issues.
Mitigating risks at the perfect time leads to higher productivity, enhanced reliability, more transparency, and greater profits in the long run. Top-notch delivery management tools make logistics management proactive by utilizing predictive intelligence capabilities.
4. Effective Regulatory Compliance
In order to run the business operations effectively, compliance with government regulations is mandatory. With a plethora of regulations associated with road safety, transportation, and environmental protection, it is mandatory for businesses to stay relevant and handle their operations effectively.
Added, it is most important for enterprises to engage in the export and import of products since the process is more complex with varying tariffs, regulations, trade rules, and other regulatory requirements. A real-time transportation visibility platform is an excellent tool to ensure that your business is in accordance with the business compliance requirements. It also enables you to anticipate new regulations and avoid sanctions or fines.
Data-driven decision-making based on analytics and collaboration is increasingly becoming the preferred way of carrying out delivery operations. Logistics visibility allows you to leverage such data and insights to take more calculated decisions in line with your business goals.
ManageTeamz comes with a feature of Real-time visibility in order to help businesses and customers to lively track of the location. Meanwhile, you can also check out all the features which we have integrated into the application.