The trucking shortage is costing manufacturers annually, and there’s no other way to deal with the problem than by anticipating problems and working on them even before they have chance to affect a business.
Utilizing more intelligent supply chain software is one of the brightest methods to meet the trucking shortage head on, and suppliers can still make good profit, even if the supply of trucks is less than ideal.
How Software Helps
Supply chain software can help prevent instances of early or late shipments because some large retail companies can fine companies if goods aren’t delivered in the proper time frame. Incomplete deliveries are also a rising problem. Unless something is done, all these types of deliveries will continue costing companies money.
Optimized delivery software can help determine if deliveries are trending properly and not arriving too early or too late. The company can then use this analytical data to dispatch personnel at offloading points to prevent delivery issues.
Supply chain software can also help meld existing data so companies have an idea how much stock is still out there, how much stock is on hand and how much is in production, as well as where they are potentially headed within a week, a month or even longer. Forecasting trends can save companies significant money when used properly.
Determining actual demand is also essential for more accurate production anelivery of goods. Imagine if a company forecasts it needs to deliver 5,000 units when the real demand is only 2,000.
