Upcoming Trends that can impact Logistics Industry in the Next 5 Years

In the world of Logistics, new trends have emerged whilst others have evolved. These can be with respect to technology or business in general, but have the potential to create long-lasting impact in the industry. But the question remains, ‘How long would we have to wait for these trends to become a tradition in the current market?’ Well, for now, let’s take a look at the trends that come into the fray within the next 5 years.

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Social & Business Trends

  • Anticipatory Logistics: It is a system made of information which anticipates the requirement of customers’ needs that the suppliers can provide adequate service production to meet their needs.
  • On-demand Delivery: This concept utilises the power of flexible courier workforce to enable customers to have their purchase delivered whenever and wherever they need it.
  • Omni-channel Logistics: It provides logistics networks tailored to the needs of each single channel.
  • Shareconomy Logistics: Logistics providers can share their existing resources to become more cost and time efficient, as the shift from ownership to asset sharing has become a trend in recent years.
  • Smart Energy Logistics: This includes the adoption of electric mobility solutions in logistics, along with innovative energy harvesting, storage and distribution concepts.
  • De-stressing the Supply Chain: Basically, this can be done by tactically ‘slowing down’ transportation such that it balances the supply chain, cuts storage costs and even reduces carbon footprint.
  • Fair & Responsible Logistics: It is the intersection between the need to remain competitive and the need to increase sustainability, like improving the welfare of society and the environment.
  • Convenience Logistics: With an increasing demand of 24/7 availability and convenience in online shopping, this concept would provoke a high demand for new delivery solutions.
  • Multipurpose Networks: It refers to the utilisation of existing networks and infrastructure for transportation of goods, which can be enabled to by innovations in transportation, packaging and real-time supply chain monitoring.

 

Technology Trends

  • Internet of Things: It revolves around increased machine-to-machine communication, and is built on cloud computing and networks of data-gathering sensors.
  • Robotics & Animation: It can enable new levels of productivity with zero-defect logistics processes.
  • Cloud Logistics: It can enable an all new ‘Logistics as a Service (LaaS)’ based business models where logistics providers can use modular cloud services on demand using a pay-per-use approach.
  • Big Data: Working on big data offers huge opportunity in areas such as communication, process execution, and minimising health and safety risks in supply chain.
  • Augmented Reality: By adding virtual layers of information onto a heads-up display, it can enable workers by providing the right information at the right time and place.
  • Low-cost Sensor Technology: With access to low-cost sensors, logistics is likely to increase its use, which can create smart infrastructures for monitoring, inspecting and volume scanning in supply chain.

Visit www.gopigeon.in to post your queries. Send your parcels across the world at lowest prices.

 

Cool Comic Strips to describe our Fathers this Father’s Day

A father never tells you how to live; he lives, and lets you watch him do it.

A father’s love towards a child is kind of hidden without a child ever really realising it. Fathers usually do something or buy us something without us asking for it in a way of showing their love. Or they give us “tough love” where if a situation has happened they just tell us to let it go and move on. They also aren’t as affectionate as mothers are, where mothers like to caress their babies and hug and kiss on them if they get a cut or burn or something.

But hey, fathers are still better than mothers in certain ways. They are more useful in a fist fight, they are calmer and stable in an emergency, they think more like children often than not, and they buy cooler things than moms do. And to contribute our Father’s Day wishes to every father in the world, we would like to share some comic strips that perfectly define a true father:

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What’s important to remember is that fathers realise how much they matter to their children. They know that quality time is important. It may not means going on fancy vacations, but more like playing ball or even watching a movie. Whatever it is, fathers make themselves available through thick and thin of their children’s lives. And whenever they are with their children, they are with them.

For decades, we have assumed that the mother-child bond was the most important one in a kid’s life, but now we realise just how much dads matter. And that is why, this Father’s Day, we would like to say to all the fathers out there that they are the reason what makes us who we are.

Visit www.gopigeon.in to post your queries. Send your parcels across the world at lowest prices.

 

 

Is Effective Communication a Solution to Stuck Shipment?

In the previous blog, we shared with you all the common problems in the logistics industry that lead to shipments getting stuck. Stuck shipments result in operational deviation and delayed deliveries, which are a big NO-NO as per the industry standards. So, obviously, a logistics service provider needs to roll up its sleeves and work on getting the problem solved. But is there a way to resolve these problems?

We think that there are multiple ways like communicating effectively, taking advantage of technology, or even using both simultaneously. The most prominent way is quick and effective communication. In order to understand why, one must know that it is becoming increasingly difficult as logistics has become more complex in nature. Globalisation has made speed, efficiency and flexibility a necessity for logistics companies to perform efficiently and prosper in this century. The common point across these three is quick and effective communication.

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Although it serves as a great deal for solving numerous issues, it does come with certain challenges as per the current scenario in the business world. By facing them head on, logistics companies can avoid issues that are slowing them. Let’s take a look at the challenges in communicating effectively –

  1. Lack of Transparency – It makes no sense in withholding information or keeping it out of the purview of stakeholders when it comes to speed being valued more than ever now. Even more, a single point of access is needed for a company’s supply chain information so that their partners can execute efficiently. Considering that Internet of Things is an upcoming trend in the logistics industry, the traditional way of operating from non-transparency will not be sustainable.
  2. Increasing Real-Time Communication – Hiccups in communication can cause a load of problems for a logistics company’s supply chain, lowering efficiency and increasing costs. In order to make sure that the shipment always reaches on time, there should be a timely communication between the consignor, the logistics partner and the consignee.
  3. Shifting from Market to Network-based Communication – Logistics companies focus on their geographic markets and make decisions by themselves on a day-to-day basis. In this interdependent and networked world, these companies need to work in coordination, which requires collaboration and cooperation. Everyone should focus on adding value instead of playing zero-sum game.

To conclude, we can say that communication is vital in logistics industry and it can enhance operational effectiveness, more if it is integrated with the use of information technology. For a logistics company, it is vital to send fast and accurate information, along with enhancing their infrastructure to offer a good and well-maintained communication from time to time. All this would lead to the elimination of hassles with respect to shipments being on-hold.

Visit www.gopigeon.in to post your queries. Send your parcels across the world at lowest prices.

 

All you need to know Why your Shipment is Stuck

As we, at GoPigeon, are coming near to a year of operating in the Logistics industry, we have already faced numerous obstacles that have held us back, which made us stronger to get through it. Being a company that provides you end-to-end logistics solutions, we deliver your cargo by partnering with logistics service providers. So far, we have already partnered with all the major names of service providers that you can think of, and while working with them, we have understood all kinds of problems faced while shipping.

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Today, we would like to talk about one common problem that hampers effectiveness in the logistics industry – when the shipment gets stuck. If you have ever sent shipments, there is a high chance that you must have faced with this problem. Your logistics service provider tells you that your shipment is stuck. Here’s when you ask the question ‘Why?’

Let’s look at the possible problems (that we have faced) caused which led to the shipment getting stuck in transit –

  1. When we try to connect one logistics service provider with another to get the shipment moving, the shipment does not get connected. This happens especially when we move the shipment from ‘in-transit’ phase to ‘last mile’ phase.
  2. Once we handover the shipment to the courier partner, the data needs to be sent across as well. Sometimes as it happens, the courier partner does not get the available data and are thus obliged to keep the shipment at hold.
  3. Most of the times, the consignee (end customer) is unavailable. The person may not be available at the delivery address or do not answer their call to confirm a dedicated delivery time slot as per their convenience.
  4. Also, it is highly likely that the contact details of the consignee is incorrect. It can be the name, phone number or even the address.
  5. Misrouted shipments take place when there is an error, mostly human error. Shipments get misrouted because of the likelihood of an error in labelling the shipment.
  6. Talking about labelling, there is also a chance of error in a mismatch in the label and the data available with the courier partner. When such mismatch happens, we are in need to connect with them and get the issue rectified, which takes up time and delays the shipment.
  7. There is also a chance that the courier partner might suffer from a heavy backlog, meaning that they have excess shipments to ship and will result in a delay in shipping, resulting in the shipment being stuck at their warehouse for a while.
  8. And the least likely but still a probable cause for a shipment being stuck is it getting lost or damaged.

Not to keep you hanging in the bay, we must tell you that these problems can be solved, and have been solved by us. To know more about the possible solutions, subscribe to our blog site and stay tuned.

Visit www.gopigeon.in to post your queries. Send your parcels across the world at lowest prices.

 

‘Air Freight: How to make it more cost-effective?

Shipping by air is not a one-size-fits-all option. Most shippers do not prefer to ship their cargo by air, the primary reason being high logistics cost. It is a well-known fact air freight is often more expensive than any other mode of transportation. But its main advantage, quick service, is something that all shippers desire. So here lies the question: How can reduce logistics costs and promote efficiency while using air logistics?

First, one needs to understand that the freight cost is only one component of the equation when it comes to shifting from other modes of transportation to air. Benefits like lower inventory carrying costs within the supply chain may reduce the possibility of high freight costs. That is why it is absolutely necessary to incorporate the right air shipping strategy into a multi-modal supply chain.

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For this purpose, we can look at the three primary air shipping options – next flight out, consolidated, and deferred. For a business, any one of these or a mix of all may work. Besides these, there is air charter, which can secure the capacity you require and allows you to utilise an exclusive aircraft to meet any other unique requirements. Anyways, let’s look at the three primary options a bit more in detail:

Next Flight Out: This is the fastest air cargo shipping option, but is also the costliest one. Here, your freight will be shipped as soon as a flight is available. The challenge is to have a provider with the resources who can locate capacity at the last minute to ensure your timelines are met.

Consolidated: Basically, various logistics partners combine your freight with the load of other different shippers earlier. The great quality of consolidated air shipments is how it moves on a set schedule. By shipping a set times and with larger shipments, logistics providers are often able to give better rates. The challenge that lies here is a small provider may not work with enough companies to have regular shipments of consolidate air freight, which could lead to delays.

Deferred: Often this kind of air shipment still works on a normal timetable. With this sort of administration, shippers basically defer their air cargo to the third, fourth or fifth business day. Simply put, logistics providers postpone the shipments of lower priority cargo until there is space available on aircraft. It offers the greatest cost savings because of the potential for longer transit times.

Also, it is wise to remember what happens in the background as well. Services such as customs clearance and distribution/delivery sourcing may not be top of mind when considering freight options, however they are key to evaluate the cost-benefit with respect to the delivery time and the speed of freight. An experience logistics provider always keeps these in mind when advising the best choices for a business, making a difference in optimising supply chain into lower overall logistics cost.

Visit www.gopigeon.in to post your queries. Send your parcels across the world at lowest prices.

Truck Load: It’s time to optimise it!

Economies of scale is the one big thing that every company has the need to achieve. In the freight transportation industry, it can be accomplished by aggregating similar loads in geographic areas that are close to each other. Although, as companies don’t know their future demands, it can be hard to fathom if the loads should be accepted or not, especially where new areas are involved.

In this blog, we shall see a model that will help you figure out whether historical data can be used by private fleet runners to make optimum use of their resources and make effective decisions in real time with respect to acceptance or rejection. This model would also help in eliminating unfruitful orders in a short-journey transportation environment.

Now, the key to deciding the feasibility of shipments is whether they meet the company’s benefit requirements. Also, this determination can be made rapidly as the orders are received.

There are two fundamental criteria here: the breakeven number of orders required, and the likelihood of getting that many orders during the time staying in the acknowledged time frame. Carrier availability is also taken into the account.

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The above image showcases a basic decision-making tree that companies explore as they make these assessments. As it can be seen, incoming orders for new areas are reviewed as far as the expected profitability of deploying trucks in applicable geographies. If there is no service history to draw on, the model decides the profitability of getting a breakeven number of requests inside the acknowledged time frame. On the off chance that that number exceeds the predetermined limit and truck space is available, the model will accept the orders until the capacity is fully used.

Be that as it may, more research is expected to pick up a better understanding of how the model performs in real-world scenarios. For instance, the model can be refined with the addition of more nitty gritty information on order frequency, size, and revenue. Also, the cost of order rejections ought to be represented in future research.

Visit www.gopigeon.in to post your queries. Send your parcels across the world at lowest prices.

Best Practices for achieving Supply Chain Sustainability

In the recent years, many companies have moved ahead from hollow promises to tracking return on investment from their supply chain operations. We think that this change has come into the limelight all of a sudden because the companies realised that sustainability is important through the perspectives of the consumers as well as the government, it can help save a truck-load of money and is beneficial in protecting the environment too.

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As an objective of their supply chain management, we are seeing that many companies are building sustainability goals. We, at GoPigeon, have gathered four best practices that should be taken into account in order to integrate sustainability goals into their supply chain objectives.

  1. Implementing certain reporting methods: It helps in demonstrating whether a company is putting efforts in bringing sustainability, which includes fact-based reporting, tracking greenhouse gas emissions data, and triple bottom line (TBL) accounting of economic, environmental and social impact. These data provide benchmarks to set benchmarks to track the achievement of sustainability goals. It can also be disclosed to consumers and regulators.
  2. Conducting Life Cycle Assessments (LCA): Successful companies determine the impact of the environment which include the extraction of raw materials, processing, manufacturing, fabrication, transportation and distribution, the use of the product by the consumer, its disposal and recovery after its useful life.
  3. Adherence to ISO 14000: It is about environmental management standards, which helps a company to systematize and improve environmental management efforts.
  4. 5 Level Framework: It consists of –
    1. Ascertaining the scope of the system
    2. Defining success
    3. Setting strategy
    4. Determining actions to take
    5. Identifying tools to use

This framework can help to organise thinking and making information more clear and strategic in the step towards sustainability. The biggest advantage of working over this framework is that it enables you to think beyond your own company and look at your suppliers as well.

Visit www.gopigeon.in to post your queries. Send your parcels across the world at lowest prices.