Managing a business that is constantly on the move involves the task of keeping track of a great number of products, supplies, and even people. The many moving parts require systems that make the layers of information digestible for those who need access to it.
Applying the proper solutions for your business gives way for smoother operations. With streamlined processes, a company can minimize costs and maximize profit. There are many available tools today that make this possible.
Five Technologies to Help Businesses on the Move
1. Accounting Solutions
Businesses that have to transport a variety of equipment constantly have to handle concerns that come up daily. This leaves little room for managing other needs. By outsourcing accounting solutions for truckers, employees can stay focused on their respective tasks.
Accounting experts keep a record of all expenses on behalf of the company. They also have the knowledge to minimize tax liabilities and make the most of deductions. Additionally, accounting professionals have a unique grasp of a company’s finances, enabling them to review financial performance and predict future movement.
By handing over financial responsibilities to the experts, your business gets to manage daily duties properly.
2. Warehouse Inventory Management
Small and large businesses alike must observe a transparent system in which the arrival and dispatch of goods are monitored and recorded. Foregoing manual tracking for an automated warehouse inventory management tool protects your products from loss caused by shrinkage.
Shrinkage occurs for a variety of reasons. Some natural causes involve product expiration or damage. Others, however, are due to errors in employee count. Inventory shrinkage can also happen due to theft, fraud, and other malicious activities.
A warehouse management system that digitizes records reduces the risk of human error and keeps accurate records that discourage and prevent harmful actions. It makes fulfilling customer orders simpler, too.
3. Upgraded GPS Technology
Many delivery vehicles and mobile phones today have access to the latest global positioning systems. Their continued wide use by businesses and individuals has allowed these apps to increase in location accuracy, enabling deliveries to be more straightforward than they used to be.
Directions are not the only application for GPS in logistics. Business owners may also opt to install GPS trackers on their vehicles to monitor their location when transporting goods. These are helpful for safety reasons and accountability with those in charge of deliveries.
4. Product and Shipment Trackers
When products are on the way to customers, businesses should still have a system to track their current whereabouts to give periodic updates. Many do this by having barcodes or QR codes that can update shipment information through a quick scan of the code.
Tracking shipments should also include features that send text or email notifications for regular updates. These assure customers that their products are moving towards them.
Radio frequency identification, or RFID, saves much time by leaving a sensor or tracker on the product before it is sent out. Radio waves then inform a seller of the location of the item. This system is especially helpful when transporting supplies from a warehouse to another.
5. Increased Accessibility via Mobile Apps
Tracking systems, GPS, and inventory management software have been made all the more accessible today, thanks to mobile apps that allow employees to access data while in transit. The convenience of mobile access has a significant impact on how rapidly businesses can perform transactions regularly.
Convenient mobile access improves operations, from inventory to dispatching, delivery and arrival, and payments. Both customers and businesses enjoy benefits from having mobile apps and accessing information easily through a swipe on their phones.
Automation Simplifies Business
Business solutions provider Signavio did a study on how employees respond to change in the workplace. The results showed that while a change in job responsibilities is faced with more hesitation, 55% of surveyed employees showed awareness that technology could improve work operations.
This general openness and positivity attached to the prospect of automation open many doors for businesses to use technology to transform how they perform tasks. The challenge, however, lies in the implications for workload and role adjustments for many employees. Technology is not the issue; the shift in responsibilities is.
Businesses today must find ways to emphasize that automation does not actually complicate work but makes it much simpler. Promote technology as a means not only to boost productivity but also to ease burdens for workers.