E2E Shipment management is driven by Intelligent Multi-party Collaborative Logistics Strategy
When an industry the supply chain involves multiple stakeholders and service providers at each phase, collaboration becomes the key to achieve customer delight. Shipment Management is one of the most complex sectors and experiences a higher rate of exceptions. Hence, having a multi-party collaborative strategy in place becomes indispensable for any service provider to address some defining parameters of the supply chain industry like data exchange mechanism, operations, real-time tracking, delayed delivery, and exception management. Data Exchange Mechanism The prime objective of the manufacturers today is “Meeting consumer demands intelligently and efficiently” . However, the biggest challenge is enhancing efficiency without impacting the existing operational setup. The dynamics of businesses have transformed the way they make, move, and sell goods, and hence, they strive hard to meet growing consumer demands faster and easier while also keeping the operational costs t