Rygen Technologies is a premier supply chain technology provider, that enables any company to quickly, easily, and efficiently execute and manage freight, connect with partners, and unlock data insights for their supply chain. With emphasis on advanced technology and exceptional customer service, Rygen is fueling the creation of smarter, data-driven solutions that deliver real value and solve real business problems.
As we move into the latter half of 2024, analysts are optimistically referencing a “normalization of the supply chain.” While the worst of the pandemic impacts are behind us, there are still a few potential disruptions that must be monitored including: global unrest, consumer behavior as inflation remains high, and changes in trade policies, to name a few.
There will likely always be changing dynamics impacting supply chains, so should reaching “normal” even be a supply chain goal? It may be more appropriate to set our sights beyond what was once “normal” and rather, strive for continuous improvement. Most supply chain managers say they are looking for ways to be more efficient, to better serve customers, and to increase their company’s profitability. Each of these objectives can be achieved through digitalization.
Technology providers are always thinking ahead and developing ways to enhance existing applications. Here are a few ways cutting-edge supply chain technology can help companies elevate their game.
Efficiency
A best-in-class Transportation Management System (TMS) can immediately improve efficiency for freight management by automating time-consuming tasks that were previously being done manually. With the right TMS, selecting a carrier, requesting proposals, and optimizing routes are done quickly and seamlessly.
Integration
In the past, system integrations have been expensive and complicated. New integration tools can be obtained at much lower price points and are implemented easily. When all systems are communicating seamlessly, supply chain managers can make informed decisions to prevent service issues before they ever occur.
Company Profitability
Supply chain costs have an impact on company profitability. Unless the company sells its logistics services to other companies, the supply chain is not a source of revenue. However, using advanced technology, supply chain managers can effectively eliminate unnecessary tasks that may be wasting valuable company resources.
Change is constant, whether it’s in our personal lives or in business. How we react to the change is what makes the difference. Why settle for what was once considered normal when you can achieve much more? Stay vigilant so as to avoid, or at least be prepared for, any major disruptors, with an advanced, best-in-class Transportation Management System.
