When supply chain disruptions occur, many logistics professionals scramble to adjust. Some turn to a multitude of technology providers to deliver services they think they need to adapt. However, many are learning what experienced Shippers and 3PLs already know – the best solution is planning ahead with a one-stop shop technology from a seasoned provider.
In episode 11 of Banyan Technology’s Tire Tracks™ podcast, 3PL Freight Partners Group Founder and CEO Tom Burke discusses where the future of logistics technology is headed and how one-stop-shop technology will make a big impact.
“I think that one of the biggest changes is one-stop shopping, where people can come in for all the modes to include small package parcel, pallet rates and local pickup and delivery,” he said. “Over the last few years, there’s been a lot of startup companies that have received millions of dollars to come in and try and duplicate what companies like Banyan or any of the other major software programs have accomplished. They put a new front end on them and think that they’ve got it made. Well, they soon found out that without strong bones that their software is only a shiny interface without a really good, strong back end.”
Successful technology providers have tried and true solutions that can help you get ahead of disruptions and changes in the supply chain.
“Covid really taught us a lot of lessons across everything. It taught us that when the transportation system is failing that getting ahead of it, and getting ahead with your customers through good communication is always key,” said Burke. “It really is proven that companies like Banyan that have been around forever, are going to stay around and continue to get stronger,” said Burke. “It's not a wheel you're going to reinvent overnight.”
Looking at logistics as a whole, relationships and partnerships are just as valuable as the technology itself.
“Doing your due diligence and understanding who the person or the company is that you're going to partner with is important,” Burke said. “Make sure that they have the technology to support you and have the back room, people-wise to support what they're doing.”
To hear more about the future of one-stop shipping technology, visit https://www.banyantechnology.com/resource/one-stop-shop-technology-is-the-future-of-logistics-tire-tracks-podcast-11
All new episodes of Tire Tracks will be posted monthly on all major podcast channels including Spotify, Apple Podcasts, and Google Podcasts. Video versions of the podcast will be hosted on Banyan’s YouTube channel and the company’s website.
Click here to subscribe to the Tire Tracks podcast to explore over-the-road (OTR) shipping discussions with leaders and personalities driving the industry. From first to final mile, gain insight into best practices, innovative technology, and the latest industry news from the leading freight management software provider.