The trucking industry has evolved significantly. The old days trucks becoming lost or having downtime due to the high number of trucking accidents is reducing.
Over the last few decades, distributors and manufacturers in America have increasingly embraced just-in-time distribution and manufacturing methods to ensurethat their inventories remain lean. As a result, American trucking firms are fast evolving into “warehouses-on-wheels”. In response to changes, the industry is taking up, and using, new technologies that were unimaginable some years back to ensure that transportation of goods is as useful as possible.
One thing that is facilitating this shift in power from sellers to buyers is the dynamics of e-commerce. The shift to E-commerce is what logistics experts call demand-chain economics. As the internet continues to evolve, the buyer is now having more power to dictate things and is fast becoming the king of the procuring process.
With this realization, trucking companies are now embracing technologies to streamline their services to ensure customers are satisfied with the solutions they are getting. And this is having a great impact on the whole industry. Here is a look at how trucking technology software is affecting the industry.
Supply Chain Management
With the current changes putting a lot of emphasis on the integration of the supply chain, technology software is helping carriers to have a stronger integral and visual presence. As such, this is allowing such companies to meet all of their customers’ demands fast and efficiently. The use of such software as these, and with the power the internet is providing, carriersare now able to link with their customers more effectively. As a result, they are now able to manage their supply chain flows better, allowing them to cut down on costs by lowering the number of unnecessary inventories.
With an increased emphasis put on improving the management of the supply chain, it is now becoming critical for trucking companies to provide excellent customer service. The use of technology in the trucking industry has considerably improved the delivery of services. Because such technology could lead to a reduction in costs or improvement in services, making it easier for such companies to improve how they relate to clients, thus making it easier to improve the services they provide.
To ensure that supply chain management is efficient and effective, it is important that any trucking company runs smoothly. When it comes to trucking economics, the idea is maximizing on the larger miles while minimizing empty miles. And this is easier said than done. If a carrier is not able to have its drivers where it needs them, when it needs them, then it probably will not be able to coordinate properly how goods flow from one point to the other. It is in such environments that quantitative decision models/programs, which understand and can evaluate scheduling decisions, will come in handy. Fleet management software are now making it easy for trucking companies to manage their fleet. Most of such software use an algorithm system based on demand forecasting models, fleet-management models and driver scheduling models to answer a simple question – which company truck should take a particular load?
Knowing where drivers are at all times is essential for any company. Successfully coordinating its supply chain with its scheduling ensures trustworthiness. Most trucking companies are today using/putting tracking technologies and software on their trucks and fleets to track, locate and communicate with its drivers wherever they are. As most of such technologies are tracked by satellite, getting to find out where trucks are at, where they stop, their fuel consumption and such has now become easier. As a result, managing fleets and expenditure has now become easier, allowing trucking companies to cut down on costs; making it easier for them to save more.
The use of technology has considerably transformed the trucking industry. But as this technology continues to evolve, we are set to see even more changes that will make things simpler and more efficient for trucking companies.
It makes sense to always consult professionals when reviewing laws and rights for truck drivers and industries. Please consult with any qualified professional in your area.