No matter where in world they are, transport and logistics businesses are facing many of the same challenges as they try to establish normal operations post-COVID.
Not to mention that for Australian and New Zealand businesses, the start of a new financial year is playing an important part in shaping their future operations and budgets.
As we work with major T&L companies, we’ve been able to identify some of the biggest challenges affecting their agility and efficiency – and answer the question of how to overcome them.
Shortages are majorly affecting transport and logistics
The global pandemic has created unique problems for many T&L businesses – while freight volumes increased significantly over the last few years, business systems and processes had to take a backseat as businesses focused on moving freight and fulfilling orders above anything else.
It became clear that despite activity slowly levelling out, the high volumes experienced highlighted some challenges that could no longer be ignored. These include:
- Labour shortages – there’s currently an enormous lack of human resources that are available for both on the road truck driving through to in-depot operations as well as back office support staff.
- Rising costs – the cost of doing business has risen significantly as the world deals with the shortages that COVID has created around the globe
Without enough personnel and rising costs, the flow-on effects these have on the business are significant.
But as businesses realise they don’t have enough personnel and resources to help them achieve their goals and profits over the next year, where can they start improving the outlook to soften some of these challenges?
Is accurate freight measurement the answer?
Revenue leakage due to improper measurement of freight getting lost at higher volumes due to lack of visibility, will affect profit margins if not addressed sooner rather than later.
Without enough people or resources, it can be hard to find a solution that improves efficiency and productivity without significantly impacting the budget.
T&L and Postal organisations should be looking for solutions that are cost-effective, work with their current systems, and don’t further strain personnel.
So what kind of solution currently exists on the market that meets these requirements? The Leopard Cube freight dimensioning system.
While a freight dimensioning system doesn’t seem to be the most obvious choice when it comes to addressing resource challenges, Leopard Cube is actually the perfect solution to them:
- A real-time system – Leopard Cube provides real-time access on every item it scans, logging them into the backend instantly. Visibility is given on every piece of freight moving within the network, counteracting the lack of personnel to keep track of each item at multiple locations.
- Accurate measurement of ugly freight – Leopard Cube protects the revenue that is lost when freight is measured improperly by giving employees the right tool to measure ugly freight accurately and quickly.
- Available on current tech and systems – Leopard Cube integrates with most business systems so there’s no need to purchase new systems or hardware.
- Certified globally – Leopard Cube is certified legal for trade measurement use in Australia, New Zealand, USA, and Canada. Activity is underway to also provide certification in Europe and UK.
Accurate freight measurement solves major inefficiencies
Just like the lack of personnel and resources has significant flow-on effects, so does Leopard Cube as it works to resolve inefficiencies for T&L businesses.
Gain full visibility across the business
Being able to track and measure each piece of freight means that businesses can now understand where their biggest inefficiencies, safety concerns and losses are coming from. One major customer has found that Leopard Cube could recoup them at least $500k in profit loss per year. Others are well on their way to recouping in the millions per annum.
Accurate freight measurement
Without enough personnel to spend time measuring freight, having a tool that does so prevents the revenue leakage that is currently occurring across most T&L businesses. Businesses can now recoup the losses from the variations between the dimensions lodged by the customer and dimensions measured by the business.
Precise load & warehouse planning
Having accurate volumetric data vastly improves the efficiency and use of resources when it comes to load and warehouse planning. Trucks can be loaded with the right freight at the right time, reducing delays to customers, and warehouses know how much space to allocate for each pallet, box or freight item.
Reduce hazards at work
With people being so important to the running of the business, minimising risks should be a priority. Accurate freight measurement increases safety, from improperly loaded trucks to inaccurately measured objects that are too awkward to lift.
Solve your biggest inefficiency challenges with Leopard Cube
It’s clear that accurate freight measurement can improve efficiency across the entire business – and there’s never been a better time to invest in a system like this.
More and more businesses are investing in this solution and gaining a competitive advantage over others in the industry. In fact, a major client that’s just recently gone live with Leopard Cube is forecasting to return $1-2 million in revenue for the next financial year.
You can learn more about the Leopard Cube here, and if you’d like to start a 90-day trial to understand exactly how it can help your business, you can contact us here.
