"Better Normal": Build, Build, Build Continuing Momentum Of Freight Forwarding
Before the COVID-19 pandemic crisis, the Philippines’ logistics and supply chain were booming. It was said that the logistics industry was forecasted to grow at a rate of 8.2% to 8.8% for the period 2018–2024. And this is partly because of the Build-Build-Build program, which has enabled the Philippines to significantly advance its status in the World Logistics Performance Index (LPI) rankings. According to Finance Secretary Carlos Dominguez III, the Build, Build, Build program will also rev up the economy and will fix the country’s weak infrastructure and logistics network, which has driven up production and operational costs for investors. The activities undertaken by logistics operators depend on the state of the infrastructure. Poor infrastructure takes a large toll on the logistics operation of a country. And that is why massive investments in infrastructure are needed for progress towards an industrialized economy. An industrialized infrastructure can help with port and traffic congestion that is beneficial for the logistics industry. Countries like Russia, China, and South America have continuously improved their infrastructure to enhance their logistics operations. But aside from good infrastructure, a digitized process can also improve logistics operations. The logistics industry in the Philippines hasn’t traditionally been at the forefront of advanced technology. But now leveraging a digitized end-to-end service is now the key to business success. Simply put, Digital Transformation improves customer experience, business efficiency, and operational performance. 3PL and Haulers need to embrace new transportation and logistics technologies such as fleet management and logistics solutions, business analytics, and data management that will enable a more safe environment for your employees and a customer-centric process.
Transform your Operations Results with trackMe SUITE
trackMe Suite is a state-of-the-art technology which consists of three (3) primary modules that have different functions and capabilities to optimize the movement of goods on a higher level. trackMe Suite can support the entire supply chain and logistics in real-time from planning, trip execution, load maximization up to the arrival (Last-Mile).