In the latest Logistics Report from the WSJ, industry experts are predicting that we won’t see a significant rise in freight demand until later this fall. The reason being that many retailers are still working through a glut of inventory stockpiled during the Pandemic. This coincides with the most recent edition of the Logistics Managers Index stating that warehouse capacity is still on the decline. In short, many companies continue to have too much inventory, creating bottlenecks and cutting into profits.
So, what can business owners do? As a company founded on providing Supply Chain Solutions, Zero Down is here to help.
ERP’s and Inventory Management systems are great at providing information on where items are right now. But, to alleviate bottlenecks and get things moving again, it helps to understand where items need to go. Zero Down’s Transportation Spend Management System provides easy to use heat maps and other dashboards that accurately identify regional demand centers, even drilling down to the county level, so you know where your items are wanted the most.
Knowing your products individual demand centers can be helpful in two ways:
- It allows for the ability to shift inventories between current facilities, lowering transportation costs and ensuring products flow smoothly to end users.
- It opens the door for network analyses and optimizing new sites based on areas of highest demand versus real estate costs.
Supply chain visibility is all the rage in the Logistics Industry these days, and digital solutions abound with promises of increased efficiency and savings. The difference between our advanced TSMS, FreightOptics, and other logistics platforms is that we can give your team not only the ability to see where your supply chain stands at this precise moment, but where it needs to go. Having Sight Beyond Sight truly allows your business to be the best version of itself.
Reach out to us today for a free demo of our Transportation Spend Management System, and let us show you where Zero Down and FreightOptics can take you.