With supply chains connected as they are in today’s world, even small, local fleet operators deal with disruptions that may originate half a world away. As everyone has learned over the past three years, pandemic, political disruption and natural disaster around the globe have implications for businesses everywhere. Road transportation and fleet management companies require the supply chain innovations that digital transformations offer if they are to succeed in an increasingly uncertain world.
Studies have shown that companies implementing digital and sustainability innovations are two and a half times more likely to outperform competitors who don't seek to innovate. Considering that these companies operate in a competitive marketplace while generating only slim margins, they need to implement these innovations with limited budgets and in the most cost-effective way possible. The problem many companies have when embarking on their digital journey is where to begin. Companies may compile lists of dozens of supply chain problems in seek of a solution but are at a loss when it comes to finding the starting point.
The experts at HERE Technologies, the world’s leading location data and technology company, and Amazon Web Services (AWS), the pioneer in cloud technologies, have recommendations for overcoming these challenges. Companies seeking to innovate and automate should not dwell on their multitudes of problems, but, rather, as a first step, develop their desired business outcomes. That process will inform a clear vision and implementation road map for transformation. Once those steps are taken, they say, leveraging leading-edge supply chain software solutions, high-quality data, and cloud computing capabilities will help logistics companies drive the innovation they are seeking, while enhancing efficiencies and delivering costs savings.
What are the next steps? What kind of results can be expected? Read on to find out more.
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