What is your supply chain's return on efficiency (ROE)?

last updated 08-22-2022
by FreightPrint

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Imagine you are in a concert hall listening to a symphony, and the musician who is playing the tambourine keeps making mistakes.

It doesn’t matter how great the violinists are playing their part, the overall performance gets tarnished by the tambourine player.

The supply chain can be compared to an orchestra. Just like an orchestra has different musicians, the supply chain has various players or companies in it. 

As the saying goes, a chain is only as strong as its weakest link

It doesn’t matter how efficient you are as a manufacturer. You simply won’t be able to see a return on your efficiency (ROE), unless each of your “links” are efficient as well.

It’s a well known fact that most companies (or “links”) in the supply chain use multiple software and processes that are unique to their industry. If a software is built to work for a steel manufacturer, it may not work for the food manufacturer, and vice versa. 

It may be hard, and honestly not recommended, to build one system that works for all. However, what you can do is to have the capability of centralizing information that is required by multiple companies in your supply chain in one system. In today’s supply chain, the first, the last and the final mile companies carry equal weight when it comes to efficiency. 

Imagine having a software that would take the order information from your manufacturer’s software, and convert them into loads. 

Could you envision making the load information available to your network of carriers, warehouses, distributors, brokers, dispatchers and drivers, without having to email documents or spreadsheets, and logging into multiple software? What if drivers could scan shipment labels with QR codes and provide updates in real time?

It’s like a symphony orchestra playing a beautiful piece of music. Every instrument is played in a unique way, yet they all contribute to the same beautiful sound. They all share the same musical notes, easily understood and interpreted by each musician. 

FreightPrint is built to increase the efficiency of your supply chain networks. Whether you work with a handful of brokers, or run your trucking company, FreightPrint offers the right tools to simplify and optimize your logistics networks. For example a shipper could create a load, and link the broker to the load. The broker then can turn around and link drivers to the load and report statuses back and forth.

If you are starting a new company, or want to bring your existing company up to speed, FreightPrint offers a free 14 day trial. It is a great place to start to see if it fits your needs.

FreightPrint is on a mission to make logistics simple, affordable and enjoyable. Just like every player in the orchestra needs to perform well for us to enjoy the symphony, every player in the supply chain needs to perform efficiently for a better return on efficiency.

If you’d like a guided demo, please book a time here.

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