Maganit IT Guild Carousel
SaaS platforms to rule in Logistics industry

SaaS platforms to rule in Logistics industry

SaaS solutions are expected to fuel advancements and progress in logistics sector by automating business operations and let us see how.

Before going in depth let us first get an understanding about SaaS solution.

What is SaaS (read as Software as a Service)? It is a software licensing and delivery model in which software is licensed on a subscription basis.

How SaaS does benefits users? If you want to use a solution to benefit your company’s operation, instead of building form scratch you can get if from SaaS vendors who are experts on a particular operation. These vendors will have readymade solution for your problem and you can get it on a rental time for time period you need.

Currently, logistics industry is facing challenges such as immense competition, new entrants, and adoption of new technologies, increasing customer expectations and changing business models. There are many ways to develop for this industry to face challenges, meet expectations and grow. The industry is facing exceptional change as digitization is ruling; new technologies are enabling higher efficiency and efficient operating models. Technology is changing every part of how logistics industry operates. Digitization will be the new and vital step for success, the champions will be those who realize how to exploit new technologies and implement those in day to day operations. Lack of digital culture and awareness of technologies is the major setback for transportation and logistics industry. This can become better with more digitization and adaption of SaaS solutions.

What technology can do to logistics sector; will be your first question, what it cannot do, it can do everything from data analytics to automation there are many individual platform solutions.

What technology can do to logistics sector; will be your first question, what it cannot do, it can do everything from data analytics to automation there are many individual platform solutions.

Logistics industry has vast opportunities to improve performance and serve clients. Adding machine learning and artificial intelligence techniques to data analytics can truly work wonders. Now let us narrow down from digitization to SaaS solutions. From vehicle and inventory management to managing drivers to improved communication, everything can be done through implementation of SaaS solutions. The current pandemic caused chaos on companies. It forced businesses to strategize differently and use technologies for seamless continuity of operation, newer revenue streams and uninterrupted employee and customer engagement.

What wonders we can do with application of SaaS solutions in logistics industry? We can implement them in following critical operations to witness growth and have seamless UI/UX experience with dashboards, tracking apps, analytical reports, history, billing and many more.

  • Customer Relationship Management
  • Expenses Management
  • Logistics tracking system
  • Vehicle and Inventory Management
  • Sales & Distribution

Benefits of using SaaS products in industry

  • Easily available
  • Customizations
  • Data can be managed within organization
  • Scalability
  • Cuts of expenses
  • Visibility

Coming to transportation, now there is more demand for online trucking platform. Globally in few countries there is shortage labor, but still there are few areas of operation where human interference is needed. Embrace Artificial Intelligence in management of truck fleets, vehicles and drones will reduce human interference. We never know how future is going to be with n number of innovations, so hoping that there would be unimaginable automation in logistics industry.

Author: Tejaswini Kolli || Senior Analyst and Marketing Data Associate