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Logistics & Supply chain industry is highly-fragmented within a country and across the globe – Any SMB or enterprise looking forward to having a multi-facet role in the global supply chain can never afford to have a one-size-fits-all approach.The supply chain solution market must have a calibrated, tailored approach to handle the standard operating procedure of Food & Beverage, Manufacturing, Retail & Consumer Goods, Pharma, Logistics Service Providers, and others to ensure collaboration, participation, and visibility within cross-functional departments in an organization.
For example, cabotage laws in the European region, hours of service rules in the North American area, and the shipping documents requirement for cross-border shipments across the globe, to name a few. Assessing the technological demands of Fortune 500s and SMBs operating in more than two countries across North America and APAC revealed that organizations rely on 5–15-point solution providers to digitize the supply chain workflow and procurement process automation.
The Incognito Pitfalls of Legacy Supply Chain Solution
- Lacks Executive-level visibility when operating as a multi-tenant organization
- Integration nightmare to get an eagle’s eye view of your supply chain
- 90% of solution providers use monolith architecture; it lacks technological advancements and scalability elements like micro-service and micro-frontend architectures
- Business units spend too much time managing multiple vendors; otherwise can be used for business priorities.
- Above all, the supply chain digital divide because of recurring SaaS subscription cost escalation.
Why do you need a Multi Country Supply Chain Suite?
As businesses scale operations across the globe or expand the horizon from the niche market segments, SMBs and enterprises must have relationships with suppliers and logistics providers to facilitate customer needs.
In a nutshell, businesses must streamline their supply chain network and process, optimize physical and human resources to maximize profits, gain visibility into every stage of the supply chain life cycle, and move towards an agile and set forth roadmap for a lean supply chain.
To keep up with the digitization demands, shippers and logistics service providers deserve a next-gen, future-proof end-to-end supply chain platform that helps them manage the pre-shipment, in-transit, and post-shipment phases of the value chain. The next-gen platform must enable data-centric models and provide insights using AI/ML algorithms to set the tone for real-time actionable intelligence in each phase for agility.
Businesses must embrace Multi-country supply chain solutions to secure the global supply chain’s current and futuristic digitization demands.
Top 10 features and benefits of Multi-country supply chain solution
Purchase Order Visibility
Purchase orders often require multiple-level stakeholder engagement and coordination between buyers and suppliers to ensure a seamless flow of goods/services and information throughout the supply chain.
PO visibility is a unified way of doing business with customers who reside in different countries and regions.
Pre-shipment service level orchestration & optimization
· Segment purchase orders and identify the right cartonization for innovative packaging to give customers the best possible LTL, parcel, and courier service.
· Utilizing 3-dimensional load design help, you optimize the space on trailers/containers and increase the economic utilization for maximum revenue.
· An innovative routing algorithm with the sole motto of reducing the carbon footprint facilitates traversal of all stop points in line with the appointment time frame window and enables automatic rerouting based on unforeseen risk and other events.
Context-based operating modes
The logistics and supply chain industry are highly fragmented globally, with no typical or agreed-upon standard operating procedures. As businesses grow more data-centric, they need to include all their different types of data when constructing new custom data models for actionable insights and tangible benefits.
Multi context supply chain framework helps scale operations to more than one country or region with the flexibility to capture dynamic data fields to suit country-specific needs of FTL, LTL, parcel, courier, and ocean shipments.
Multi-enterprise integration capability
Connectors streamline integration capabilities and leverage real-time data transfer to enable shippers & logistics providers with access to all shipment data. This saves time and is guaranteed to get unified platform visibility.
In-house connectors offer API, Webhooks, and file-based solutions for real-time data transfers and timely updates to 3rd party TMS, financial, and other platforms.
Businesses can use global shipper and logistics provider networks to expand their operating horizon and have better connectivity, perfect lead times for faster deliveries, and lower shipment costs.
Global coverage on all transportation modes with an API ecosystem, Driver connect App, and ELD/GPS-based integration solution cleanses the real-time unstructured data streams with machine learning models to streamline communication and real-time location updates.
Real-time visualization of dynamic loads with a free payload capacity to model and optimize last-mile delivery enabling swift deliveries. Automating efficient routing helps keep schedules up-to-date and reduces carbon footprint.
With the organization’s bottom-up approach and corporate structure as a foundation layer, a Data visibility engine helps companies organize and process data more efficiently to empower the right decision-maker with the insights needed to make better strategic decisions.
Statutory laws allow damage and loss claims to be filed up to 12 months from delivery. Modernizing inbound and outbound freight claims helps shippers and consignees to adjudicate pre-settlement processes amicably and strengthens the relationship.
Sustainable product manufacturing & shipping experience is the new business mandate that drives the industry due to customer buying preference. Digitization of bill of lading, invoices, delivery receipts, and other freight brokerage contract agreements helps reduce the carbon footprint and set the roadmap for a greener planet.