LEVERAGING NEW INNOVATIONS AND ADOPTING PRESENT-DAY BUSINESS STRATEGIES WILL EMPOWER COMPANIES TO REDEFINE TRANSPORTATION IN PROFOUND WAYS .
INDUSTRY WATCH
LEVERAGING NEW INNOVATIONS AND ADOPTING PRESENT-DAY BUSINESS STRATEGIES WILL EMPOWER COMPANIES TO REDEFINE TRANSPORTATION IN PROFOUND WAYS .
Today , fleets form the backbone of modern society , facilitating the transport of goods , powering rental services and supporting countless other operations . With trucks moving roughly 72.6 % of the United States ’ freight by weight , effective fleet management that embraces change is a must to keep these businesses moving .
Given this continued momentum , a transportation revolution propelled by emerging modern concepts such as electrification , autonomy , connectivity , and sharing is inevitable . Leveraging new innovations and adopting present-day business strategies will empower companies to redefine transportation in profound ways .
As transportation continues to steadily change , the archaic and traditional methods of operation are no longer an option . With advanced solutions being developed and implemented to satisfy industry demands , and new challengers looking to make a name for themselves , there ’ s never been a more pressing time to unify business operations .
Here ’ s how companies can adapt and see success across the transportation industry :
Combating the main challenges facing today ’ s transportation industry
With an evolving industry comes growing pains . In a line of work where onboard and backend technologies such as electronic logging devices ( ELD ), fleet tracking , and transportation management systems have become not only widespread but almost essential , there ’ s now an emphasis to transition from simply collecting data to effectively leveraging it for tangible business change and improvement .
It ’ s no surprise that the transportation industry faces a problem of an abundance of disconnected data , leading to many issues including significant threats to organizational health and productivity . Without effective processing mechanisms , this overload leads to reduced profitability , asset inefficiency and decision-making challenges . Additionally , the use of multiple suppliers and siloed platforms has caused increased frustration due to the inability to interpret the volume of data .
All of this points to the dire need for businesses to integrate and harmonize their data to be successful . Companies require information and insights across various aspects of their operations , from mobile assets to personnel and business processes . These data silos destroy organizational effectiveness . In order to consolidate these diverse data sources into one accessible platform , a single solution and partner is paramount . One platform can transform business operations and performance through integrating , harmonizing , simplifying , and actioning data intelligence across operational and executive-level stakeholders , throughout the entire supply chain from start to finish .
Using technology to overcome challenges
With 80 % of workers experiencing information overload due to factors such as constant information or an abundance of applications to check every day , it ’ s clear that indatagestion hugely impacts the success of workers globally . The good news : it is treatable . To solve for indatagestion , companies should consider platforms such as Powerfleet ’ s Unity , a data agnostic platform . Unity ingests and harmonizes different data and device sources , provides AI-led modular enterprise SaaS applications , and enables rapid integration to enrich surrounding business systems with vital insights . Streamlining mission-critical operations is crucial for industry transformation .
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