With a new year ahead, freight forwarding businesses need to take time to look at the vital freight forwarding software trends that can set them up for success this year.
According to a report by Logistics Management, “Forwarding companies understand mode complexity, indirect routing strategies and knowledge of how to avoid shipment delays, even during a ‘black swan’ event such as the coronavirus scare.”
Here are five freight forwarding software trends poised to set shippers and forwarders up for the best returns on their investment and to prepare them for short and long-term success. It’s also important to note that each of the below trends carries a degree of applicability to software-as-a-service platforms.
Embrace Multimodal Shipping Methods to Overcome Gridlock and Backlogs
Supply chains have shifted. Warehouses have been relocated. Innovative distribution methods and apps have picked up. So much has changed over the last year.
One of the keys to recovery in the coming years will be multimodal shipping innovations in several SaaS-based shipping systems of record. Multimodal shipping methods may well be what saves the freight forwarding and logistics industry. It is also one of the major freight forwarding software trends to observe. The more shipping mode options available, the easier it will be to implement and roll with the punches if other disruptions come along. The more modes your organization is versed in, the stronger your organizational offering, and the higher likelihood you will be able to exceed customer expectations, and win new loyal customers.
Upgrade Platforms and Systems to Embrace Digital Advances in Technology
Keeping up with the times will be critical for forwarders and shippers in the years to come. Technology is no longer a nice to have, but absolutely necessary especially for independent forwarders. The progress towards digital trends and systems will ensure supply chain networks keep ahead of the competition in the coming year. It will also enable freight forwarders to stay better in sync – ultimately resolving more exceptions, faster, and well before they become a problem for them and their clients. Freight forwarding software trends will influence many aspects of the industry, and embracing these digital advances in technology is now essential.
Tap Into the Power of 3PLs and Out of House Tech and Shipping Assistance
Sometimes it makes sense to outsource specific tasks and systems to free up internal working hours and resources. Leverage is always a forwarders’ best friend and being able to take advantage of existing networks, relationships, and software helps logistics organizations retain their competitive edge.
Working with 3PLs, outside carrier,s and partners is a trend that is not going anywhere and poised to become the norm in the years to come. For those wanting to keep up with the best freight forwarding software trends for 2021, more collaborative shipping relationships and tools to enhance communication between forwarders and other logistics service providers is one to start implementing right away.
Focus on Sustainability and Green Processes Moving Forward in the Years to Come
Another freight forwarding software trend managers cannot afford to ignore is also a cultural trend and shift towards a more sustainable focus. Regardless of personal stance, today’s generation and those of the future will continue to drive the focus on green options, sustainability, and eco-friendly tools for shipping and transportation. Embracing the shift now will make it easier to provide what customers want later and promote loyal client retention.
Improved Risk Assessment and Better Predictive Methods and Responses
The final trend to be embraced by the transportation industry is streamlining risk assessment processes and building up predictive methods and response options throughout the chain. Freight forwarding software trends often drive towards automation, technological advancements, and improved strategies. This in-turn helps logistics managers and their commercial teams identify and respond to issues more effectively. Speeding up response time and being able to identify and resolve issues before they become a more significant problem for the forwarder and shipper.
Work With Leading Experts to Embrace Freight Forwarding Software Trends in 2021
The upcoming freight forwarding software expectations for 2021 are nothing short of astonishing. They will invigorate stale office management practices and help companies do more with less. Leverage will become easier for logistics companies and their clients. Software will make things cheaper, better, and faster and will serve as strategic advantages for those who embrace them now.
To make the most of the freight forwarding software trends on the rise with the industry, working with a skilled and experienced freight management company like Cargologik is the way to go. Sign up for Cargologik here today to get started.