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Business Intelligence for Parcel Shipping

The parcel shipping market is rapidly evolving and leaving many businesses behind. Whether you're shipping B2B or B2C, your customers expect their orders on shorter timelines and over greater distances. With Business Intelligence, you'll have real-time visibility into shipping data such as total shipments, total transportation spend, cost per shipment, cost per carrier, surcharges, and more. Run reports and perform simulations to quickly react to supply chain disruptions, optimize your shipping strategy, and ultimately compete - even across borders - in the same-day delivery game.

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How can shippers and e-commerce companies compete with Amazon and Alibaba when it comes to high-performance fulfillment? The truth is, it’s difficult for most companies embarking on an e-commerce and/or omnichannel strategy to provide the benefits Amazon and Alibaba have made “standard,” such as fast, cost-effective delivery. However, thoughtful companies that put the right transportation management for parcel technology in place will be able to access and leverage one core tool that drives the giants of the fulfillment industry: Business Intelligence.

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The data analytics and Business Intelligence available today create an entirely new landscape for shippers, enabling smart, data-driven decisions that save companies time and money. Using this data effectively to maximize parcel shipping efficiency will ultimately secure your place in today's market while maintaining your bottom line.

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Often, we hear or read that data is playing an increasingly important role in the manufacturing industry. Think of IoT, predictive maintenance, or robotics. But the truth is, many manufacturers still struggle to aggregate, analyze, and leverage data, particularly in logistics, where data is critical to meeting customers’ high demands for a fast, personalized product delivery experience. The following three steps can help manufacturers leverage data to meet customer expectations today and tomorrow.

Proactively address delivery events such as inclement weather to meet your customers’ expectations and maintain your delivery KPIs.

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Predictive analytics have fast become a staple of every industry, and it’s no great surprise. If done right, your company can use predictive analytics to reduce parcel shipping costs and improve on-time delivery rates.

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As parcel shipping evolves, so too are the metrics and indicators we use to measure its performance. A job well done is no longer defined as simply moving products from point A to point B. It’s also about delivering on time and under budget. And as the industry continues to shift, the future of how we manage parcel shipping will demand more data – which means you’ll need to identify and track more parcel performance indicators.

About Logistyx

We are the leader in Transportation Management for parcel shipping, providing an unmatched global multi-carrier network, predictive analytics, and full visibility into customer deliveries. Our software boosts parcel shipping efficiencies and other business KPIs for many of the world’s top manufacturers, retailers, and logistics providers.

Our flagship software, TME, is the world’s first single engine specifically designed for parcel shipping. With more than 8,500 carrier service integrations globally, TME provides carrier compliance, predictive analytics, and tracking on shipping from start to finish.

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Business Intelligence for Parcel Shipping

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