{"id":20345,"date":"2023-08-28T09:00:12","date_gmt":"2023-08-28T09:00:12","guid":{"rendered":"https:\/\/www.odysseylogistics.com\/?p=20120"},"modified":"2024-01-26T01:46:31","modified_gmt":"2024-01-26T01:46:31","slug":"navigating-digital-transformation","status":"publish","type":"blog","link":"https:\/\/www.odysseylogistics.com\/blog\/navigating-digital-transformation\/","title":{"rendered":"Navigating digital transformation of the supply chain"},"content":{"rendered":"\t\t
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Here are four ideas that will help logistics pros determine which solutions are ideal for their company.<\/h6>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t
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\n\t\t\t\t\t\t\t\t\tThe pandemic tested the resilience of global supply chains \u2014 often right up to their breaking point. It was a hard time for the industry. But the pressures also forced creativity and evolution, pushing many professionals beyond complacency into a constructive state of crisis. Naturally, many of us turned to digital technology as a driving force during this time. And, anticipating this turn, the market flooded with a plethora of digital solutions that sought to either automate or optimize the labyrinthine processes that lie at the heart of our business.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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\n\t\t\t\t\t\t\t\t\tThis influx of solutions has left many professionals reeling. How do we know which of these solutions is indispensable? How do we choose between competitors? How do we build solutions that can scale effectively to support growth?\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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\n\t\t\t\t\t\t\t\t\tHere are four ideas that will help logistics pros navigate these questions more effectively.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t
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No More Monolithic Tech Stacks<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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\n\t\t\t\t\t\t\t\t\tIndustry players need tech stacks that support and enhance the uniqueness of their business and build on their competitive advantage. In a post-pandemic landscape, the ability to think on your feet and stay nimble may be\u00a0the\u00a0<\/i>key differentiator for a thriving logistics business. Technology is supposed to improve efficiency, not constrain it. While there are certainly business opportunities that benefit from a company-wide packaged solution through harmonization of processes, there are several instances where technology solutions need to be tailored to fit business needs. Achieving the balance between standardizing and allowing for freedom to innovate is going to be a key challenge for any business in this space.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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\n\t\t\t\t\t\t\t\t\tIf choosing an array of best of breed solutions sounds clunkier than just going with one, be assured that this investment of time on the front-end is going to streamline the actual work. The systems need to be integrated and data needs to be governed for consistency. Once the stack is up and running, managing it should never be a significant task. New developments in both artificial intelligence (AI) and API technologies have made integrating different data streams and processes easier than ever before. Most transportation management systems, for example, represent a collection of APIs that consolidate data and functions from a number of streams in a single place. This allows companies to enjoy the efficiency of a custom fit without having to worry about maintenance of their stack taking over their life.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t
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Embrace AI<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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\n\t\t\t\t\t\t\t\t\tThe hype around AI is real, and it\u2019s going to transform logistics. The nature of that transformation will depend on how businesses adapt to AI. Those that adopt it sensibly will skyrocket their productivity, while those who err on the side of caution may lose a decisive competitive edge.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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\n\t\t\t\t\t\t\t\t\tIt\u2019s important to remember that at this stage in its development, AI is fundamentally about data \u2014 and our industry generates reams and reams of data from the innumerable complex processes that make up our work. Much of this data goes unexamined because there\u2019s simply too much of it for our current systems to digest and convert into insight or analysis, and certainly too much for any human to use meaningfully.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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\n\t\t\t\t\t\t\t\t\tAs an example, consider trucking lifecycles. Or imagine asking AI to do so.\u00a0 Trained on large pools of data, AI could be aware of the location of all the trucks in each fleet, optimizing for route, storage capacity, and hundreds of other variables that affect a company\u2019s bottom line. It could also use historical data to forecast the most efficient way to plan a fleet\u2019s deployment, freeing up excess capacity and ensuring that high-demand areas are served effectively.\u00a0 Of course, trucking is not exactly a stranger to using digital tech to improve efficiency. But AI has the unique ability to absorb and respond meaningfully to mountains of data, and to do so extremely quickly.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Continue reading Odyssey\u2019s\u00a0Maneet Singh\u2019s<\/a>\u00a0\u201cNavigating Digital Transformation of the Supply Chain\u201d\u00a0Supply & Demand Chain Executive<\/a>\u00a0article\u00a0here<\/a>.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"

The pandemic tested the resilience of global supply chains \u2014 often right up to their breaking point. But the pressures also forced creativity and evolution, pushing many professionals beyond complacency into a constructive state of crisis. <\/p>\n","protected":false},"author":1,"featured_media":22382,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":"","_links_to":"","_links_to_target":""},"blog_category":[67],"class_list":["post-20345","blog","type-blog","status-publish","has-post-thumbnail","hentry","blog_category-technology"],"acf":[],"yoast_head":"\nNavigating Digital Transformation of the Supply Chain - Odyssey Logistics<\/title>\n<meta name=\"description\" content=\"Navigating the digital Transformation of supply chains - here are 4 ideas that will help logistics pros navigate these questions.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.odysseylogistics.com\/blog\/navigating-digital-transformation\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Navigating Digital Transformation of the Supply Chain - 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