Logistics Tech Outlook Magazine
What a great way to finish 2020 with an award and recognition from Logistics Tech Outlook Magazine. Techdinamics is proud to be selected as one of the Top Supply Chain Solution Providers.
Read what our CEO, Edward Aguiar, has to say in the full article here: https://bit.ly/3rIOyLj
Shipment and delivery strategies are crucial for e-commerce businesses. Regardless of the quality of your product and design of your website, if you offer limited delivery options to the customers, your business is sure to suffer. A negative shipment experience not only impacts customer loyalty, it also degrades the market reputation of the company. Customers tend to shop frequently from retailers who devote additional resources for providing an enhanced shopping experience to their clients.
Having a well-defined shipment solution for your business strengthens your client base and cuts down the overall operation costs. Nowadays, most companies rely on multi-carrier rate shopping software for providing better shipping services. Such software makes it possible to leverage different carriers while monitoring your transportation decisions. If your business’s peak season is coming up, here are a few reasons why you should consider automating your shipment process with rate shop couriers:-
- Reduced shipping expenses
Regardless of whether you are a well-established business or a growing company, multi-carrier shipping can help you widen profit margins. By getting involved in rate shopping, you can not only select the best carrier for your package but also compare the different service levels provided by that carrier. Setting up meaningful rate shop groups in your software will give an edge to your company over others. It will help you manage your shipping costs without compromising on the quality of service.
The success of every e-commerce business is largely dependent on its shipment services. Customers tend to get agitated when product processing consumes too much time and results in delayed deliveries. In such cases, the chances of unexpected order cancellations become quite high. An integrated rate shopping shipment software can help you avoid such circumstances. It will allow you to establish better relationships with the customers and express your concern for them.
Nothing enhances the rating of business like prompt service. Rate shopping algorithms are meticulously designed for ensuring the timely delivery of products. This is an excellent approach for businesses that want to keep up with the expectations of customers and the demands of the industry. Regardless of whether it is the peak season or heavy-traffic rush hour, your packages will always be delivered before time with rate shop couriers.
Techdinamics Inc offers highly sophisticated fulfillment solutions for enhancing the productivity of e-commerce businesses. If you are interested in finding the cheapest ways possible across carriers, you should get in touch with the team of Techdinamics Inc.
Every business requires a strategically designed supply chain management plan. This is essential for improving production time, reducing overall costs and minimizing wastage in business operations. It is a universally adopted business strategy for establishing a strong and flexible relationship between the different levels of the chain. With such strategies, business-owners can easily coordinate and manage their transportation and logistics related activities.
Supply chain integration is an excellent way of keeping up with the changing market trends and customer demands. With a proper supply chain framework, it becomes extremely convenient to overcome different challenges and plan your organizational activities.
Here are a few obstacles that can be avoided with effective integrated supply chain management:-
All retail and wholesale businesses operate with the help and support of different vendors. Most of these vendors stay concerned only about minimizing their buying costs and maximizing their profits. The lack of communication between different links of the supply chain keeps the vendors restricted to their own niche. An integrated supply chain management improves connectivity and allows vendors to understand how actions of others affect their productivity.
- Sudden order cancellations
Inventory-related issues always create a lot of mess. Consumers often request last minute order changes and cancellations which disturbs the whole supply chain. Almost all levels of the chain get affected by such actions and there is no standard way of predicting these things beforehand. An integrated supply chain management system proves to be of great help in such scenarios. It provides a better understanding of customers really want and helps in reducing redundancy of supplier functions.
- Unavailability of efficient working force
Employees are the support system of every firm. If there is a lack of well-trained employees, the organization might face troubles in fulfilling the order requirements of clients. Supply chain integration has brought automation into the picture and made it easier for the suppliers to achieve their targets. By adopting such strategies, production and distribution processes can become smooth and straightforward.
Achieving targets on time becomes really difficult when a serious facility failure occurs. Software-related issues require immediate troubleshooting for continuation of normal business operations. With an integrated supply chain management, it is possible to get early warnings about possible problems. This reduces downtime and helps in improving productivity.
Techdinamics Inc takes pleasure in providing specific technical solutions for allowing businesses to achieve their objectives. If you are looking for supply chain integration support, get in touch with the experts at Techdinamics Inc.
Monitoring and managing the flow of data, goods, and finances from initial stages of product development to the time it reaches to its final destination, a supply chain management software solution does it all. Without it, businesses often fall susceptible to making mistakes at each stage, from production to shipment, which can lead to delays, customer frustration, and lost revenue. This is why we see more and more organizations incorporating it into their practice worldwide.
Since it integrates various business verticals into a centralized single system, it has now become an integral part of business operations, enabling organizations to improve their efficiency and generate more revenue. That said, you, being a business owner, may also be thinking about implementing it. If so, make sure that the system you opt for has a few common features to ensure maximum returns.
The most common features that a supply chain management software solution should include are as follows:
It’s a critical feature that enables you to track and manage the availability of stocked goods, raw materials, or spare parts. It also helps you with asset management, future inventory, barcode integration and price forecasting.
Overseeing purchase orders is often a tedious and complex task. A good supply chain system helps you automate purchase order processes including generation and tracking of purchase orders, scheduling of supplier deliveries, and many others.
Logistics and shipping status
This is a crucial aspect that assists you with coordinating transportation channels, refining delivery performance and boosting customer satisfaction, which ultimately helps your business in the long run.
For the best supply chain management software solution, make sure you go through Techdinamics and include it in your practice.
Did you know that the percentage of companies implementing integrated supply chain management is expected to rise from 60% to 83% by the end of 2018? Reports and surveys suggest that no less than 79% of companies who have implemented high-performing supply chains are seeing a much greater growth in revenue.
Benefits of supply chain
For a better understanding of why it is suddenly gaining popularity among industries, let’s take a look at the top 4 benefits of an integrated supply chain system.
- Clearly, it is one of the most important needs for a company to be flexible and adaptable to a variety of unprecedented situations. The application of an integrated supply chain system gives a company the capacity to perform more easily and flexibly than any other method. The just-in-time characteristic eventually helps in bringing down the warehouse maintenance costs by limiting the space needed. Just-in-time essentially means assembling and manufacturing the products just when the order comes in.
- Management of a co-operative and innovative supply chain system effectively will only assist in producing better results and profit. This happens because product delivery gets way quicker and without much of a failure rate, thus resulting in a significantly higher profit margin.
- Warehouses in industries often struggle with over and under stocking problems. This happens majorly due to human error. By successfully implementing a supply chain management system, you wouldn’t need to bother about such issues and will be able to focus on more important areas of the workplace.
- With a tightly integrated system, the production planners have the capacity to focus on the order fluctuations, thus eliminating mistakes in delivery. It gets way easier and efficient to correctly count the quantity of products to be delivered in the right order, from the right box. This eventually results in a lesser number of poor product handling situations.
Techdinamics Warehouse Integration solutions makes supply chain management implementation easy. With over 15 years of experience — providing services to businesses of various sizes — Techdinamics has the experience and know-how for making small and large projects successful. Get in touch with us, today!
Business processes are complex and involve more than a couple of verticals working in sync to provide a positive end-result; i.e. a profit statement. To make sure you are on the right track at every distinct vertical and there’s an automated supply of process knowledge and information – having a logistics and supply chain management system is not just a necessity but an everyday requirement in this age of growing competition.
How does Logistics and Supply Chain Management work?
By using robust cloud environment – meaningful verticals change into meaningful, profitable results, where you have specific data management going on one time or the other. The whole complex web of ideas, innovations, and necessary actions from each department soaks up wet areas or loopholes in your business by eradicating the need for manual labor and by improving customer service, logistics (supply and sale), visibility, payments together as an integrated order.
It was evident in this critical age of technology that when revolution gave us the modern-day tools, our mental capacity could only hold account of a few things, for the rest, robust cloud environment works well perfectly. The collaborative effort between various enterprises with supply chain networks is at times managed directly by evaluating a performance scorecard, and identifying the errors in each transaction (if any) that’s electronic.
When you need a one-stop-shop to better your supply chain experience – choose Techdinamics – the one stop shop for all your B2B needs – fulfilled here. Improve your strength and hold on the supply chain by making information available to all the stakeholders and clients alike. From reporting, data analytics, data collection, reporting, and alerting services you’ll never get enough of your management system yet feel secure at the same time.
Install a system today!
Referring to an enterprise resource planning approach, Integrated supply chain management aids in facilitating a plethora of business relationships with its suppliers, while managing all the logistics and distribution activities by the means of a centralized system. The supply chain management encompasses the tactical, strategic, and operational level of decision making, wherein it helps to level up with the ever-increasing competition and thinning profit margins. Referring to an enterprise resource planning approach, Integrated supply chain management aids in facilitating a plethora of business relationships with its suppliers, while managing all the logistics and distribution activities by the means of a centralized system. The supply chain management encompasses the tactical, strategic, and operational level of decision making, wherein it helps to level up with the ever-increasing competition and thinning profit margins.
Before delving deeper into the subject matter of supply chain management, it is imperative to have an understanding of its functionality.In pursuance of creating one specific product for a company, a supply chain makes up a group of suppliers where each supplier acts as a link in the chain that aids in adding time and saving money. Being a large-scale business strategy, a supply chain integration brings in all the possible chains together to improve the efficiency of the organization.
There are a couple of ways through which an integration is done:
1 Through a merger with a firm that is already present in the supply chain, which becomes a binding approach.
2 Through the exchange of information and exclusively working with customers and suppliers, making it a non-binding approach where one company does not absolutely own the supply chain.
In pursuance of making the process easier, Techdinamics Solutions Inc. helps in supporting a multitude of business processes to gain benefit from the automation and integration. From secure payment gateways to various applications to customer service and logistics, we, at Techdinamics have it fully covered in the most secure way possible.
Techdinamics Integrations is continuously working to expand the list of couriers supported by our Techship multi-courier platform. This month we are pleased to welcome, Loomis Express.
Loomis offers a wide range of domestic and export services that you now have access to through your Techship portal. If you ship domestically, Loomis can get your packages to every postal code in Canada. For international shipments, you can send packages to over 220 countries and 120,000 destinations worldwide with Loomis.
Did you know that we now have UPS address validation? When you type a ship to address, the City-State-Zip Validator checks that the Province/State, Country and zip are a valid combination. If the combination is valid, the shipment is processed. If the combination is not verified, a valid address combination will be suggested. While it doesn’t capture every possible mistake, it greatly reduces error costs and time consumption on your end.
We’re excited to announce the launch of rate shopping in our multi-courier shipment solution, techSHIP! Rate shop is perfect for those looking to ship the cheapest way possible across carriers. This process happens automatically so there is no extra work on your end. Simply turn it on and ship at the best rate available. Happy Shipping!
Learn more about on the techSHIP page.
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