Plan, procure, execute, & track transportation for every shipment across your supply chain & logistics operations
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Increase vehicle capacity utilization and customer promise adherence
Grow your business with omnichannel presence and automated pickups
Consolidate shipments for hub to hub movement across land and air
Real-time customer communications and collect accurate PODs
Orchestrate logistics operations with multiple 3rd party carriers
Achieve cost effective, scalable, sustainable, and customer centric deliveries
Orchestrate all your cross-border logistics operations with ease
Improve address accuracy, ensure first-attempt delivery success, reduce costs and boost customer experience
Gain end-to-end shipment visibility, get proactive alerts, and send customers live tracking links
Grow business in a dynamic world and manage operations across First, Middle & Last mile
Delight customers by seamlessly managing store and online orders across own fleet and 3rd party
Reduce freight costs & get end to end visibility across shipments
In the ever-evolving landscape of glo/bal business operations, nearshoring has emerged as a strategic choice for organizations seeking cost-effective and efficient solutions. The supply chains become shorter and businesses find comfort in similar time zones and familiar import/export regulations.
However, the process of transitioning operations to a nearby country comes with its own set of complexities. The cost of operations balloons up, going as much as 30 – 50% higher (hourly rates) than offshore companies.
Reduced supply chain resilience, fewer service providers, siloed operations, and the inability to onboard reliable logistics partners are some other challenges.
Smart digitization of operations and processes via intelligent automation can not only soften the impact of nearshoring but can also prove to be a valuable ally in simplifying nearshoring endeavors. Let’s quickly find out how!
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Nearshoring can introduce complexities into the supply chain that disrupt the seamless flow of operations. The shift in geographical proximity can impact the visibility over the entire supply chain, potentially leading to inefficiencies and challenges in logistics management.
Hence, tracking inventory and order statuses becomes complex. McKinsey’s recent survey revealed that 67% of global supply chain leaders have implemented digital dashboards for end-to-end visibility.
Intelligent logistics management platforms provide 360-degree supply chain visibility via real-time tracking of operations, shipment movements, and vehicles, transcending geographical boundaries. Centralizing data and processes ensures precise insights into inventory and production schedules.
Using real-time data businesses can drastically improve decision-making and minimize lead time during nearshoring transitions, ensuring cost-effective and efficient operations.
Nearshoring comes with significant challenges in terms of logistics partnerships and a recent EY survey revealed that 60% of companies believe partner collaboration to be essential for improving supply chain performance.
During nearshoring, businesses face the daunting task of identifying reliable third-party logistics (3PL) partners to ensure business continuity and efficient distribution and fulfillment. Manual 3PL onboarding and management can inflate logistics costs and limit the number and type of 3PL partners a business can have.
Intelligent 3PL management automation simplifies and expedites onboarding and automates data sharing, ensuring that each partner seamlessly integrates into your logistics ecosystem.
Businesses can swiftly establish partnerships with multiple 3PL providers, thereby diversifying their logistics network distribution and fulfillment operations, making nearshoring easier and more efficient.
Optimizing freight management across multiple modes of transportation is vital to reducing costs and improving operational efficiency in nearshoring. Manual freight management leads to poor or negligible visibility over freight movements and transportation becomes inefficient and time-consuming, leading to increased transportation costs and extended lead times.
Intelligent automation offers smart multi-modal freight management via in-built algorithms for comprehensive freight management and freight rate procurement across major shipping lines.
Businesses can automate RFQs, get instant quotes and responses from multiple vendors, and get transshipment details, and shipment status in one place. This not only reduces costs and manual effort but also ensures timely deliveries, a key aspect of nearshoring success.
Efficient vehicle load and dispatch planning are paramount during nearshoring transitions. Dynamic re-routing, load pooling, express lanes, and parcel lockers can reduce unit costs across the entire delivery fleet by 30%, as per McKinsey.
However, the lack of a reliable logistics network and the inability to manage the 3PL operations in an intelligent manner leads to higher operational costs. Manual dispatch planning can translate into increased vehicle requirements and more Partial Truck Load (PTL) shipments.
Automation facilitates precise vehicle load and dispatch planning based on multiple factors and constraints, such as cargo volume, weight, destination, vehicle make, vendor costs, etc.
This data-driven approach ensures that each vehicle is loaded efficiently, maximizing its capacity and helps reduce the need for market vehicles. Businesses can dynamically adjust dispatch schedules in real-time, which helps manage shifts in demand or unforeseen disruptions efficiently.
Comprehensive operations management is paramount when nearshoring. Shifting operations to a new location can create operational silos owing to new partnerships and business integrations, which create management challenges and affect the overall visibility.
Intelligent automation seamlessly integrates various aspects of logistics operations, from order management and order processing to fleet tracking and customer communication.
Businesses can easily integrate the new systems and business components into the existing infrastructure and manage them from a single dashboard, without compromising overall visibility. This holistic view enhances coordination, reduces duplication of efforts, and minimizes operational costs, streamlining the nearshoring process.
Intelligent automation can revolutionize the way organizations approach nearshoring and help businesses unlock significant cost savings, optimal resource utilization, and transparency.
From real-time supply chain visibility to efficient onboarding of 3PL partners, and from integrated operations management to regulatory compliance, automation ensures that the transition to nearshoring is not only smoother but also more cost-effective.
It empowers organizations to navigate the complexities of nearshoring with confidence, ultimately leading to a successful transition and enhanced competitiveness in the global market.
Read how businesses can leverage Transportation Management System (TMS) to optimize trips and vehicles, and control complex cost variables to reduce overall transportation costs.
Read how an intelligent TMS solution can help businesses streamline and optimize their logistics operations, and what are the major benefits it offers.
