Digitally enabled communities for an end to end transportation execution

08/02/2021

Logistics and Transportation operations are complex. Especially when production and manufacturing companies are reaching out to multiple customers, trying to expand into new business territories. Business expansions demand dynamic decision making which required goods on-time delivery to each client each time. These transportation operations should be self-organizing ecosystems. Each freight delivery transaction requires a network of freight service providers enabled in companies’ supply chains. Combining all available transport services can create a stable network for information. This information base can facilitate smooth and seamless movements of goods.

Many established logistics players and software development firms are investing hugely to enable a digital supply chain for a better data stream. Efficient communication and freight operations can lead to cost reduction benefits. For production companies, it includes transport planning, negotiations, documentation, loading and unloading process. Also for freight operators, it is the efficient use of their logistics assets like trucks, containers, wagons as well as loading/unloading supporting equipment and related service management. To reduce the waiting times to a minimum for everyone involved in the freight operations, require visibility across multiple information sharing data points.

Founders at Hypertech Logistics have been studying the method of handling freight transactions from thousands of companies and transport operators. For example, multiple goods being transported can take different routes through different transport service providers. In one particular transaction, many actors are performing on different stages of operation. Hypertech Logistics saw the need for collaboration and alignment of the task.

For the manufacturing companies, awareness can be increase by integrating all the small information available involving each logistics and transport service provider. With our connected ecosystem, companies can digitally source information from these operators. Not only digital interconnectivity but through engaging transport operator’s data and responses for companies transportation requirement, our system could speed up the transaction activity each time. With security standards embedded in our systems, companies can strictly manage who can see what. As more and more transport operators get involved in the operations, our systems have their ways of influencing a shipment process, pricing, service conditions, routes, and security.

For such type of efficiency and transparency requires real-time data, like the status of each action performed during freight transaction, the faster decision of freight pricing, the status of goods in transit. After the COVID-19 pandemic, the supply chain across the globe should be implemented with digital transportation systems to speed up the operation and execution of the goods delivery. with Hypertech Logistics’ digital transportation process set up, manufacturing firms and transport operators could handle hundreds of shipment transactions as a priority, fast track the clearance and loading/unloading process, increase the communication speed and, analysis of freight prices each time to expose price gouging.

Collaboration between production companies and transport operators will create a local and multi-region execution network. In real life scenario, one production firm delivers goods to its multiple clientele through multiple transport operators. Hypertech Logistics’s concept of aggregating all of their freight transaction data together in an open supply and procurement dashboard will provide wide visibility on the movement of goods. In the coming days, we will discuss how we are fast-tracking the use of the different modes of transport.

Critical operations and delays in goods delivery are the topics of companies and transport operators’ decision-making process and, It leads to wasteful use of resources. However, Hypertech Logistics aiming to connect logistics actors in digital communities, through our product offerings such as HyperProvider and HyperCollider, would enable logistics process standardization beyond manufacturer or transporter specific solution.

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Suggested Products

  • HyperCollider - For Shippers & Companies

  • HyperProvider - For Logistics and Transport Operators

Tags

Communication, Delays And Errors, Digital Supply-chain, Freight Operations, Goods Delivery, Service Collaboration, Transit Timing, Transport Alignment, Transport Network,

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