Next Generation trackMe Series: 2020: A year of "Discoveries"
2020 has come to an end, but the challenges faced last year continues. With the COVID‑19 pandemic still present, it has widened economic inequality. The Philippine economy sinks further as the pandemic wipes out jobs and businesses, according to the International Monetary Fund (IMF).
The pandemic has taken a toll on the Philippines economy and businesses nationwide. Every single company was affected by the pandemic. Some businesses were forced to layoff some employees, or worst have to close down. The pandemic will undoubtedly continue to interrupt the life of people for the next several months.
The pandemic became a reality check for businesses that have been reluctant to embrace digital transformation and found themselves unprepared during the crisis. Now to stay competitive in this new business and economic environment requires new strategies and practices. Organizations that embrace digital solutions have better resiliency and has an advantage that will enable them to recover faster and pivot from playing defense to chasing growth.
For the logistic and supply chain industry adapting to a more streamlined end-to-end service is now the key to the efficient movement of goods. Simply put, Digital Transformation improves customer experience, business efficiency, and operational performance. With enterprises now competing with different disruptions in the Logistic Industry, Digital Services Providers can offer solutions that can ease the problem.
Digitization in logistic processes can increase operational efficiency and become more resilient to disruptions. Logistic solutions like trackMe Suite can help ensures that core delivery processes like job allocation, scheduling, real-time tracking do not need any manual intervention.
While the move towards incorporating digital systems had begun before the health crisis, it has undoubtedly accelerated by the impact of the pandemic. By adapting to digital transformation, the supply chain and logistics will be able to react agile and become more flexible to new situations and trends in the future.