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Why should supply chain leaders invest in new technology for logistics

There are several reasons why supply chain leaders must invest in innovative technologies for logistic businesses. One reason is that the current epidemic has emphasized supply networks' significance and resilience. Another cause is the emergence of new technology that may assist supply chain visibility solutions in being more flexible and responsive to changes in demand.

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Why should supply chain leaders invest in new technology for logistics

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  1. Why Should Supply Chain Leaders Invest In New Technology For Logistics?

  2. About Cozentus Technologies • Cozentus is a complete business solutions provider transforming operational productivity and efficiency of businesses across Supply Chain Management and Financial Services. • Operating globally, we bring you the best domain-specific expertise combined with digital transformation capabilities so your business can thrive in today’s connected world. Our long-term partnerships and valued relationships provide the basis for fluid collaboration and an innovative solutions-orientated approach.

  3. Supply Chain Leaders Invest In New Technology For Logistics? • There are several reasons why supply chain leaders must invest in innovative technologies for logistic businesses. One reason is that the current epidemic has emphasized supply networks' significance and resilience. Another cause is the emergence of new technology that may assist supply chain visibility solutions in being more flexible and responsive to changes in demand.  • Creating a more reliable real-time supply chain visibility - While the distance between totally manual operations and fully predictive may seem significant, numerous stepping stones along the way may improve your business's efficiency, accuracy, and cost savings. 

  4. Five Crucial Aspects To Consider Throughout Your Digitalisation Journey • Develop and implement a data-driven end-to-end supply chain planning and methodology : You must develop a data-driven strategy and methodology before truly embracing a predictive supply chain. Furthermore, an honest skill appraisal is essential. Do you have the data scientists and analysts on staff to study certain data sets?   • Identify data gaps and silos - Make sure that you have a complete image. When it comes to data, it's critical to understand what's happening inside your operations and what you have or don't have access to. Connecting your assets combines and then normalises data sets from many stakeholders.

  5. Five Crucial Aspects To Consider Throughout Your Digitalisation Journey • Consider the enormous technological stack  - Some ready-made supply chain visibility solutions and applications can integrate into your broader technology stack. There are ready-made solutions that may be the plug-and-play answers you are searching for, whether the issue areas include visibility, ETA accuracy, driver onboarding and safety, warehouse optimization, and middle and last-mile efficiency.   • Execution of tests  - The business portion you're trying to improve will strongly affect new solution testing.You or your company may test first, middle, or last-mile delivery like this: Use sample data to model concepts against finished phrases to determine optimization possibilities. 

  6. Five Crucial Aspects To Consider Throughout Your Digitalisation Journey • Application: Using the same fleet example, it is how the implementation process will look when testing is completed:  • Determine the locations of the depot and the fleet.   • Sign up drivers and dispatchers for easy-to-use tools (e.g., app, navigation)   • To import job data,    • To optimize and send tours.   • Complete tours using the driver app's assistance and delivery confirmation.   • Review completed tours using the analytics dashboard.  

  7. Contact Us Address Contact Details Odisha SRB Tower, 5th and 6th Floor, Infocity, Bhubaneswar -751024, Odisha, India Contact No: +91 977 712 6600 (India) Email: supplychain@cozentus.com Website: https://www.cozentus.com/

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