At TOC, we truly understand the value of data when it’s used effectively to identify potential and realistic solutions. That’s why our team dives deep into our customers’ analytics through our cutting-edge Transport Management Systems (TMSs) to uncover trends and create tailored solutions. It’s all part of our work to provide organizations with continuous insights into areas of enhancement and growth opportunities.
We believe that proper data analysis has the power to revolutionize a supply chain. Keep reading to learn more about our process and how we identify trends or areas for improvement.
Collecting the Data
First things first—organizations need to collect the right data for their needs. We work with our customers to make sure the data they’re focusing on can have a direct correlation with the organization’s overarching goals.
While we always encourage extra data collecting, KPIs are only as good as the story they tell. Since nearly every organization out there wants to function more efficiently, we work alongside clients to figure out what that efficiency looks like in their unique supply chain. Once that’s finished, we can collaborate to ensure the right metrics are being captured at the right times to tell a complete story of everyday operations.
Integrating supply chain intelligence like the Import Order Management System (iOMS) into a connected B2B commerce landscape can also empower organizations to enhance their operations, make informed decisions, plan for the future, explore new distribution channels, and prepare for growth. Embracing new supply chain technologies can help optimize procedures, meet customer needs, and gain a competitive advantage.
Digging into the Data
We know any successful organization is already analyzing its data to determine next steps. Still, it can be useful to bring in an impartial third party to pour over the numbers. In some cases, an external perspective can help shed light on areas that our customers may not have been prioritizing in the past. After all, it can be hard work on an organization when you’re busy working in the organization.
Our experienced team is dedicated to delving deep into metrics and identifying anomalies to uncover opportunities for cost savings and optimize performance according to your organization’s specific needs.
To make this happen, we encourage our customers to work with us through our three-step process:
- First, we explore immediate opportunities that the data presents.
- Next, we outfit our customers with the necessary tools they need to improve those metrics. When we do this, we make sure to get our customers’ feedback. After all, a tool isn’t any good if it doesn’t work for the people who need to use it.
- Finally, we establish a partnership with our customers so we can continue to analyze data and create opportunities for ongoing savings.
This process keeps our customers adaptable, resilient, and cost-competitive, even when facing disruptions like the COVID-19 pandemic. Our focus lies in enhancing visibility, mapping out the intricacies of the supply chain, and maintaining continuity. By leveraging the abundance of available data, we can help organizations increase effectiveness, which contributes to the long-term sustainability of the industry while simultaneously addressing challenges within the national supply chain network. Together, we have the power to optimize operations and achieve remarkable success by harnessing the full potential of data.
TOC Logistics works alongside our customers as a data-driven partner to achieve operational excellence and confidently propel them forward in the ever-evolving industry landscape. If your organization needs assistance finding the right solutions through data analysis, get in touch. We’d love to talk.