It’s no secret that inefficiencies can negatively impact business operations. But what might not be as apparent is exactly how much revenue they can cause companies to lose. As the market research firm IDC notes, companies miss out on 20 to 30 percent revenue annually because of inefficiencies.
That’s why it’s so important to have the right systems in place. Along with speed and ease of use, there’s another quality to look for in systems to fuel productivity: flexibility.
Here, we’ll highlight some of the advantages that flexibility delivers to logistics solutions.
The Benefits of Flexible Logistics Solutions
Integration with Other Systems
When old and new supply chain systems fail to communicate with one another, employees are tasked with manually moving information from one system to the next. Not only is this a time-consuming process, but it also introduces greater potential for errors.
Flexible logistics solutions provide the means to easily integrate old and new systems. This streamlined transition allows businesses to reap the benefits of their technology faster while ensuring the accurate transfer of information.
Streamlined Evaluation of Data
Supply chain systems collect a lot of data over time, from the volume of shipments to freight expenses. While the information is stored, locating and communicating this data to others can often become a trying task.
With customized tools for storing and reporting data, flexible logistics solutions offer clear advantages. Businesses can easily access segment data based on different metrics and use this information to better compare trends and plan actionable improvements.
Easier to Introduce New Processes
Change is a natural part of any business operation. Whether fueled by industry shifts or internal dynamics, it’s important that companies have flexible logistics solutions that can adapt to these changes.
Consider a case where a business expands their domestic shipping to the international market. Flexible supply chain systems let companies modify their processes to reflect such expansion, from operations to compliance needs. The result is a supply chain that continues to move efficiently as modifications are introduced into the mix.
Build a Better Future with Flexible Logistics Solutions
Flexible logistics solutions are crucial to long-term success. At IL2000, we make it a priority to provide our clients with customizable solutions that fit current needs and enable smooth transitions in the future. To learn more about how we can help optimize your logistics operations, contact us today.