Gaining real-time visibility of shipments across a supply chain has remained one of the biggest challenges for shippers and third-party logistics service providers (3PLs) alike as real-time visibility technology is relatively new to the transportation industry. Consignees and shippers want to know where their product is if delayed, why, or when it would arrive. Overall, customer experience is no longer just about the product alone but more about the delivery experience. A Gartner report suggests that 57% of CEOs are planning on redeveloping or upgrading their supply chain to better adapt to the demands of the current supply chain industry.
The pandemic's aftereffect on the supply chain industry has made the importance of real-time visibility more evident and why it should no longer be an option but a priority. As real-time visibility technology continues to gain momentum in the transportation industry, there is a consensus that knowing about your shipment translates to greater control. According to Gartner's 2020 Market Guide for Real-Time Transportation Visibility Platforms, by 2023, 50% of global leading enterprises will have invested in real-time transportation visibility solutions. More than ever before, this is the best time to transition to the Digital Supply Chain (DSC) with a visibility technology.
The Novigo Effect
The technology market is progressing rapidly, and it can be challenging to keep track of innovations. But companies operating on legacy systems cannot stay competitive or achieve long-term profitability. The stakes are too high to settle for a reactive approach in the transportation and logistics industry. Therefore, for enterprises to be more proactive, it is essential to have visibility over potential disruptions in the supply chain. Real-time transportation visibility equips leaders with insights into what is happening in real-time, thereby giving them greater control of the end-to-end transportation process.
As a leader and pioneer in the SAP Transportation Management (SAP TM) landscape over the past decade, Novigo has established itself as an expert in Digital Supply Chain transformation. Novigo's strategic partnership with top real-time transportation visibility vendors such as P44, ClearMetal, and Fourkites shows the commitment to deliver the best solutions to customers. Novigo helps companies to provide seamless process integration that empowers them with the right visibility tools to take control of their supply chain.
End-to-end connectivity of Visibility Platform and SAP Transportation Management (TM) via SAP Logistics Business Network (LBN)