https://technologytraffic.com/2023/06/24/logistics-optimization-and-fleet-management/

From negotiating prices and demands with manufacturers to implementing technical solutions for fleet management, there are many ways to simplify logistics processes. A few key tactics can have the greatest impact on reducing costs within the supply chain.

Inadequate route planning can lead to wasted fuel and driver expenses, as well as vehicle maintenance expenses. It is essential to plan each route as efficiently as feasible to avoid unnecessary driving and waste.

Achieving a high level of efficiency in the final mile can be a challenge for delivery companies. This is because the last leg of a delivery can make up as much as 30% of the total logistical costs. Fleet optimization software can help businesses reduce their costs by identifying the most efficient routes as well as taking into account the needs of customers such as mandatory rest times and load restrictions.

A well-planned routing process can cut down on delivery times and helps businesses meet customers’ expectations, as well as reducing the likelihood of failed deliveries. Failed deliveries can be costly as the order will need to be rerouted or sent back to the warehouse for storage for a later date.

To maximize the value of your existing fleet, you require the proper data available. For routing planning, historical and live information on traffic patterns location and attributes of trucks are crucial. This will ensure that you are only maximising the potential of your fleet and not spending time doing manual tasks. Telgian, an organization for fire safety was able to cut its planning time by 82% while also increasing orders and cutting operational costs.