What are the challenges of a fragmented logistics ecosystem?
The logistics industry in India is highly fragmented and unorganized, which leads to higher costs for business due lack of efficient logistics management solutions. Moreover, manual processes take up too much time, making logistics operations management less productive. Real-time visibility in logistics is essential to maintaining efficiency and avoiding delays in the movement of goods. This is why the Government of India has introduced the National Logistics Policy 2022 to create a unified logistics platform to streamline operations.
3 benefits of a unified logistics platform?
- Gain visibility: A comprehensive logistics platform is helpful because it allows you to use real-time visibility features and bring together your data from multiple platforms onto one dashboard, allowing you to make more strategic decisions.
- Simplify operations: Many businesses choose to use multiple logistics vendors, however this can be costly and time-consuming. A unified digital logistics platform simplifies logistics operations management without the need for more funds, intermediaries or paperwork.
- Reduce costs: The digitalization of the logistics industry with a one-stop logistics management platform along with data analytics and optimized logistics operations management helps to reduce costs and stabilize revenue in this competitive market.
How to choose the right one-stop logistics platform?
Choose a comprehensive logistics management platform that is mutually beneficial for all those involved in the industry, including logistics owners, fleet managers and truck drivers. In addition, choose a digital logistics platform that delivers seamless management, reduced fuel costs, cashless payments, real-time visibility into your business metrics, streamlined financial claims processing and expense reduction along with fraud prevention capabilities.
Why is Axlerate the best platform for a unified logistics ecosystem?
Axlerate is a one-stop digital logistics platform that offers real-time visibility of operations and facilitates expense management without the need to go through tedious paperwork or intermediaries. Axlerate is the best platform for a unified logistics ecosystem as it provides logistics management solutions that help to simplify tolls, fuel purchases, fleet expenses, loans, insurance, escrow, payments, truck booking, fleet management and the buying and selling of logistics products and services all in one platform.
Let’s Wrap Up!
The goal of a unified logistics management platform is to connect the fragmented logistics ecosystem in India, so that there is overall cost reduction and increased efficiency. While there are a few companies working towards providing a unified platform for logistics, it is important to choose the right platform by considering certain aspects including those who benefit from the platform, seamless operations and value added services.