Distribution and logistic

Challenges Faced by the Distribution & Logistics Industry

The adoption of digitization in the logistics sector has been sluggish. However, the on-demand economy and recent technological advancements are pressuring the freight and logistics industries to adopt digital strategies. The typical issues driving logistics’ digital transformation include: 

Lack of Visibility

In general, distribution and logistics companies lack complete supply chain visibility. They may move or store goods that start in one region of the world and end in another. For instance, the cereal in your cabinet may have traveled through several nations before arriving in your bowl. 

Lack of supply chain visibility leads to bottlenecks and erodes transparency. Businesses also risk incurring wasteful expenses and losing control over their suppliers.

Poor Inventory Management

Numerous components of a logistics or supply chain agency are not visible. The goods handled by a logistics company will probably pass through numerous hands and locations. Before arriving at the address of the final customer, they will be kept in various warehouses. 

Productivity and efficiency will be ruined if there is no centralized system or solution for tracking the goods across locations. You also run the risk of failing to satisfy client or customer demands. 

Additionally, it can be challenging for logistics companies to foresee trends or demand. Naturally, this may result in financial loss and waste.

Unnecessary Costs

A significant amount of costs that could be avoided are incurred by logistics companies. Using partial loads, going further than necessary, and choosing the wrong route can all result in thousands of dollars in lost revenue. 

Inadequate inventory management also results in waste and added expenses.

How Can Bizilogy Help

Bizilogy’s team of talented experts can assist you in making a digital transformation. To assist you in becoming digital, we can recommend and implement the appropriate technologies. Let’s look at the growth opportunities available to you: 

Unified Systems and Data

All types of distributors can increase productivity and quickly adjust to a changing market with the aid of a distribution suite. This robust solution offers unmatched control in managing thousands of transactions, suppliers, and customers while concurrently tracking millions of inventory items. It provides broad visibility across your entire organization. 

With the help of Bizilogy Distribution, you can increase profitability and operational effectiveness by streamlining the procedures involved in e-commerce, warehouse management, integrated supply, counter sales, buying, and value-added services.

Improved Inventory Management

You can digitally transform yourself with the help of Bizilogy to enhance inventory control. We have assisted a number of clients with the implementation of tailored ERPs and data integrations. Even now, our team integrates various systems using APIs to create highly accessible data. 

The solutions give you a high degree of accuracy when predicting consumer trends and future demands. By combining data from various global locations, we gave our client, The Diplomat Group, the ability to forecast demand in real time. 

As a result, operational productivity increased by 25%.

Better Visibility into Operations

You can get complete visibility into your operations and supply chain with the aid of our solutions. We can establish accountability for your supply chain and provide visibility through the use of tools like ERP. You can reduce waste and work toward a shorter time to market as a result. You can also take advantage of maximum transparency and real-time product tracking. 

It goes without saying that having complete control over your supply chain has many benefits. The reduction of charge-backs is one of them. 

Our adoption of digital technology assisted The Diplomat Group in reducing charge-backs by as much as 30%.

Potential Savings in Time and Cost

Workflows are streamlined, and operations are moved along more quickly. Inefficiencies and processes that don’t add value can be eliminated. Additionally, real-time visibility and data synchronization help to significantly cut down on waste and unnecessary costs. 

You will see the results of your digital transformation very quickly, just like our client did. The Diplomat Group was able to save $1 million as a result of our system integration and digital transformation. That will undoubtedly have a direct effect on your profitability.

Take Advantage of Current Trends

The best way to adapt to market changes and build resilience is to digitally transform your distribution or logistics business. You won’t be able to profit from trends otherwise, such as the current push for mobility. 

You are aware of how mobile experiences have dominated the market, unless you have been hiding under a rock. Thus, you cannot benefit from such profitable trends if you are not digitally prepared.

Transform with Bizilogy

When it comes to quick and easy digital transformations, we are your best partners. To learn how we can assist you in going digital and enhancing your bottom line, contact us right away. We offer a variety of services and technology, such as: 

• Inventory management
• Demand planning & forecasting
• Rebates & charge-back management 
• Data integration for better decision making visibility
• Integration with warehouse management
• Global expansion & unification