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How COVID-19 Made Digital Supply Chains Necessary

posted in International Logistics, Supply Chain Management by

The COVID-19 pandemic has vastly changed how we live, work and play. That much is obvious with just a glance at how businesses are functioning and how supply chains are running.

However, the shift to working from home has also underscored a larger theme that we have discussed a few different times on our blog before.  Now, more than ever is the time to digitize your supply chain operations.

Ease of Access

This might be the most obvious reason to digitize a supply chain. Now, when people are working remotely, it’s become apparent when businesses were or weren’t prepared to make that sort of adjustment.

TOC Logistics has always been structured so that we’re able to work from home. That means we have the technology and files to operate smoothly, no matter where we are. If your supply chain personnel can’t say the same, you’ve probably been dealing with a lot of issues lately. Luckily, we can help.

Analyzing Data

Digitizing a supply chain is the first step to collecting valuable data. When you’re looking at numbers in large, workable formats, you can start to identify trends and identify inefficiencies.

All that data helps show you what needs improvement, but it can also be used to predict possible outcomes if you change specific features about a supply chain. This technology helps to directly compare the pros and cons of different shipping methods, so when procurement managers are stuck in a situation where they have to pick one over the other, they’ll know exactly what sort of fiscal or time sacrifice the business is making.

Saving Money

As soon as a supply chain goes digital, it starts to become obvious when certain parts of a process aren’t matching the output of others.

Once inefficiencies are identified, it’s only a matter of time before they can be rectified. That means saving money in the long run. It’s easy to spot areas where cargo consolidation or alternate routes could make an impact on a bottom line. In the end, it saves resources, boosts efficiency, and creates real cost savings.

 

If you need a partner who already knows the ins and outs of a digital supply chain, you’re in luck. Just get in touch with us. We’d love to help you through this turbulent time.

21 May, 20

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