Distribution & Logistics

The distribution industry is going through an evolution being driven by hyper-competitiveness. To attract and retain customers, distributors are expanding service levels. Distributors can take a more proactive role in the value delivered to customers by actively monitoring inventory demand, detecting trends, and implementing new strategies and technologies to gain a competitive advantage. Social and mobile communications are becoming mainstream channels for B2C and increasingly for B2B businesses.

To keep pace with increasing demands, distributors must implement efficiencies that improve operations and answer specific business challenges.

Value Provided:

Distribution suite helps all types of distributors increase productivity and adapt quickly to an evolving market. Providing broad visibility across your entire organization, this powerful solution delivers unparalleled control in managing thousands of transactions, suppliers, and customers while simultaneously tracking millions of inventory items.

Improve profitability and boost operational efficiency by streamlining processes related to e-commerce, warehouse management, integrated supply, counter sales, purchasing, and value-added services with NeuSwyft Distribution.

Challenges Faced by the Distribution & Logistics Industry

The logistics industry has been slow in adopting digitization. However, recent advances in technology and on-demand economy are pushing freight and logistics businesses to go digital. The common challenges that push for a digital transformation of logistics include-

Lack of Visibility

Distribution and logistics companies generally don't have full visibility into their supply chain. The goods they transport or store can originate in one part of the world and end in another. For example, a pack of cereals in your cabinet might have traveled multiple countries before making it to your bowl.

Not having visibility into your supply chain creates bottlenecks and erodes transparency. Additionally, businesses lose control over their suppliers and may incur unnecessary costs and waste.

Poor Inventory Management

The lack of visibility extends to several aspects of a logistics or a supply chain agency. The goods handled by a business in logistics will most probably change many hands and locations. They will be stored in multiple warehouses before ending up at the end customer's address.

Not having a centralized solution or system to track the good across locations is a sure way to mess up productivity and efficiency. Additionally, you run into risks of not meeting customer demands or client requests.

Moreover, logistics companies can even find it difficult to predict trends or demand. This can naturally lead to financial loss and wastage.

Unnecessary Costs

Logistics companies incur a huge amount of costs that could have been otherwise saved. Not using full loads, traveling extra distances, improper route planning- all can add up to thousands of dollars being wasted.

Additionally, improper inventory management also means waste and extra costs.

How Can NeuSwyft Help

NeuSwyft, with its team of expert talents, can help you transform digitally. We can suggest and implement fitting technologies to help you become digital. Let's take a look at the opportunities of growth you can avail-

Unified Systems and Data

Improved Inventory Management

NeuSwyft can transform you digitally to improve your inventory management. We have helped several clients to implement data integrations and customized ERPs. Our team even uses APIs to integrate varied systems to make data highly accessible.

The solutions help you predict trends and future demands of consumers with a high degree of accuracy. We enabled our client, The Diplomat Group, to predict demand in real-time by unifying data from different global locations.

The result was an increase in operational productivity by 25%.

Better Visibility into Operations

Our solutions can help you gain full visibility into your operations and supply chain. We can use tools like ERP to provide visibility and establish accountability for your supply chain. As a result, you can aim for a shorter time to market, and reduce wastage. Additionally, you can enjoy optimum transparency and keep track of your goods in real-time.

Needless to say, full control over your supply chain leads to several advantages. One of them is the reduction of charge-backs.

Our digital transformation helped The Diplomat Group cut back charge-backs by as much as 30%.

Potential Savings in Time and Cost

Digital transformations streamline workflow and speed up your operations. You can get rid of inefficiencies and get rid of processes that don't add any value. Moreover, the syncing of data and real-time visibility go a long way to reduce unnecessary expenses and wastage.

The results of transforming digitally will be evident to you in a very short time, just like our client. Our digital transformation and unification of systems led The Diplomat Group to save $1 million. Surely, that is going to have a direct impact on your profitability.

Take Advantage of Current Trends

The best way to meet market changes and become resilient is to transform your logistics or distribution business digitally. Otherwise, you won't be able to cash in on trends, like the recent push for mobility.

Unless you are living under a rock, you know how mobile experiences have taken over the entire marketplace. So, if you aren't prepared digitally, you can't take advantage of such profitable trends.

Transform with NeuSwyft

We are your best partners for quick and hassle-free digital transformations. Contact us today to know how we can help you go digital and improve your bottom line. We provide a range of services and technology, including-

Inventory management
Demand planning & forecasting
Rebates & charge-back management
Data integration for better decision making visibility
Integration with warehouse management
Global expansion & unification

Case Study: The Diplomat Group

Use Case:

Iplementation of ERP Solution for Scaling of Global Operations and Real-Time Data Visibility.

Company Synopsis:

Industry: Logistics & Distribution

Global leader in point-to-point logistics and transportation solutions provider with operations in 7 continents.

Project: Technology evaluation, transformation strategy and implementation to seamlessly integrate business functions such as sales, operations, inventory, omnichannel engagement and finances to achieve operational scalability.

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