If you think your freight operations are becoming increasingly chaotic and have more errors, then it isn't your team that is doing that. It is probably your system. If your company is still relying on outdated freight management tools, that's why you're falling behind.
With global supply chains becoming increasingly time-sensitive, traditional freight systems struggle to meet the growing demands of modern shipping. If you experience repeated delays or an increase in customer complaints, it is essential to reevaluate your freight management tech stack.
Here are six signs informing you that your freight management system needs an upgrade.
1. You're still managing freight manually If you are still using spreadsheets and emails for communication and manually comparing rates, then you are using an outdated system for documentation. Your team is wasting time and perhaps making serious errors.
Manual freight management is not a good idea for a large business in today's time. It is unsustainable for a long time. Switch to a modern freight management platform, which will help find rates and make comparisons. It will automate invoicing and auditing, streamlining your workflow.
2. You lack real-time visibility Lacking real-time visibility of your shipment is the biggest issue businesses face. If you don't know where your shipment is, you're left making last-minute phone calls, sending emails, and waiting for updates from your carrier.
Modern freight tech platforms offer live tracking of your cargo. This way, you are always aware and avoid last-minute uncertainty. You can anticipate potential delays and plan for them in advance.
3. Quoting and rate management is a headache Sending a quote takes forever if you are still working with legacy tools. To do a simple task like this one, you must search through old emails and various spreadsheets. In some situations, you are overpaying because you have outdated card rates and cannot easily compare carriers.
In a modern freight system, you'll find a centralized dashboard that enables you to do all kinds of functions, like rate comparison and quote generation. This ultimately helps you win more deals by reducing errors and improving pricing accuracy and speed.
4. You're not getting actionable insights Does your team struggle to answer specific pertinent questions, like which carrier is the best or what your average transit time is? Are you spending too much on one or more lanes? These answers should be readily available, which means your current system does not provide precise analytics.
Upgraded freight management platforms offer detailed, customized dashboards that provide all the necessary information. You can find every piece of analytics on it, allowing you to make an informed decision to achieve operational efficiency.
5. Communication breakdowns are frequent Miscommunication between vendors and various departments can lead to significant billing errors. This further leads to a waste of time and, in some cases, significant losses. This is because all parties involved in a transaction are not on the same platform.
A modern technology system enables a centralized solution where vendors, departments, and carriers are all on the same platform. Therefore, everyone is updated with the latest insights, which improves transparency and reduces clutter and chaos.
6. Your system can't scale with you Older tools lack the bandwidth and power to scale with you, especially when your team struggles to use them.
Cloud-based modern freight platforms allow high volumes of data. They are smooth and hassle-free, allowing for easy onboarding. They do not slow down and scale seamlessly as your business scales.
It is now time to upgrade An outdated freight system can significantly impact the productivity of your business. It has limitations that hinder a smooth workflow in a fast-paced logistics landscape.
The writing on the wall is clear – if you are still using manual tools, your business, in all probability, is suffering from errors and poor visibility.
Choose better insights and analytics with a modern freight platform. Empower your team with real-time tracking and better visibility. Freightify is a platform that centralizes the workflow by digitizing all operations. You can track your cargo deterministically and get detailed analytics of every insight. Don't let outdated tools slow down your business; upgrade today to newer technology systems.
FAQs Q1. How do I know if my current freight system is costing me money? If your team is facing issues like errors in billing or manually tracking everything, then your current system is likely costing you money. This also means that your business is missing opportunities to compare rates or optimize shipping routes, which can further increase your costs.
Q2. What features should I look for in a new freight management platform? Check if the platform offers real-time rate comparisons and live tracking of your cargo. Does it automate manual tasks and easily integrate ERP and CRM tools?
Q3. Is it expensive to switch from spreadsheets to a digital platform? Not at all. Platforms like Freightify offer reasonable and flexible pricing. The rates will depend on your volumes and needs. You will also end up making fewer errors and processing faster, thereby saving more costs.