August 19, 2021

How to Select the Right Freight Collaboration Platform

Miles Varghese
Miles Varghese
Helping independent freight forwarders/brokers better stay in-sync, collaborate, and improve operations with their shippers/clients. Co-founder & CEO @ Cargologik.com

For those looking to improve productivity in the supply chain, choosing the right freight collaboration platform can help do so. Navigating the market with the proper equipment and data is imperative to keeping afloat through the upcoming peak season. With technology packages and upgrades for supply chain management, utilizing services like digital freight forwarding and locating scalable assets will help boost profitability for businesses. 

1. Assess Your Company Requirements

To determine the best freight collaboration software, companies need to gauge their needs. Continuously auditing and monitoring data can help identify the weak spots within the business. Doing so will also help determine if the system needs updating, new collaborative technology that pairs with existing technology, or an entirely new system altogether. 

It’s also critical that you keep your target clients involved in these conversations. Actively ask your loyal and new customers how you can improve, what their team wants, what their own customers are seeking out as it relates to your business.  At the end of the day, your client’s success is your success, so being aware of what needs are down the chain becomes that much more critical to shaping what these requirements might look like. 

Customer-facing operations should generally dictate internal tools and processes and be complementary – driving value for both parties.

2. Think About the Network Needs for Collaboration

Supply chain and transportation companies need collaboration to enhance their existing measures. As e-commerce and digital freight take up more space in the supply chain, sometimes the network needs expansion. New considerations, players, expectations need to be met. That is, if you aim to be an indispensable and differentiated logistics partner to your clients.

By utilizing freight collaboration, carriers, brokers, and shippers can use a more manageable platform as the network grows and again, providing value in things like transparency which is important for all the stakeholders trying to get that cargo to its destination, on time and on budget. Taking the time to implement user-friendly software can enhance performance at every level. 

3. Ensure the Freight Collaboration Platform Is Instantly Scalable and Cloud-Based

One of the more essential functions of adding new platforms is ensuring compatibility with current technology. The chosen freight collaboration platform needs to instantly enhance and automatically scale with the growth of the business. Cloud-based software systems connect to the internet and can backup information instantaneously. They retain the information you can easily search for and pull up on any device with a 3G connection now. These benefits of freight collaboration keep productivity up without significant software updates and overhauls to systems. 

4. Verify That It Integrates With All Major E-Commerce Shopping Systems

Finding the proper freight collaboration to work with an e-commerce 3PL and other major e-commerce systems can be challenging. Implementing those software systems must unanimously and seamlessly integrate with those platforms to keep up with the current market demands. According to Inbound Logistics, finding the right TMS, WMS, and other collaborative technology will increase productivity and profitability. The market expects to grow at an average rate of 16% a year until 2025 – and if you’re not set up with the right systems to scale up with, then you can also generally expect a far lower growth number for your own business.

5. Always Look for Opportunities for Improvement Through Analytics Inclusive Systems

Obtaining new technology and the implementation can be vastly different. They all must work in tandem and yet, remain completely inclusive. The individual strokes paint the “whole picture,” for what’s actually happening in your operations through data. 

One without the other can leave out vital information that is necessary to keep the flow of the supply chain going. In addition to visibility, having good data, and deeper analytics to draw from makes finding improvements easier to ensure proper functionality with freight collaboration technology. 

6. Never Stop Improving and Evolving, Choosing a Platform That’s Routinely Updated and Upgraded 

Continuous improvement on current systems can make life easier by navigating volatility with technology. Progress and evolution will help keep platforms updated and ready to go when new challenges arise. Better data, analytics, and platforms connecting everything give you better reads on what’s happening and what to do. Auditing and proactively maintaining freight collaboration software will keep even the worst issues from becoming costly. 

Choose the Right Platform by Selecting Cargologik

Searching for the right opportunity to integrate, update, and evolve existing technologies with freight collaboration-friendly software will keep companies competitive in the market. Wading through the volatility can be easier by finding the right partner with the right platform. Provide transparency, differentiate, and constantly improve your systems based on these key operational interactions with your client. And of course, find the best for your business by choosing a platform with a no obligations trial and connecting with Cargologik today

To get the most out of our platform, book your free, personalized training call with our Success Team

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