The Importance Of Logistics On Supply Chain Management

Singapore freight forwarders – Star Concord
13-Jun-2022
freight forwarder in singapore

Any successful entrepreneur recognises the importance of effective and organised logistics. As digitisation continues to transform the global economy and companies start to cater to a bigger, worldwide audience, the implementation of a seamless logistics system becomes a key factor in keeping pace with growing consumer demands.

There are various factors – such as automation, coordination, and your choice of shipping agent – involved in crafting an effective logistics plan. Even if your organisation has found success with its existing supply chain model, there is always room for improvement as you seek to expand your business.

To leverage well-run logistics, it helps to understand the critical role logistics has on supply chain management. Read on to find out how a streamlined logistics process can have a positive impact on your company.

Logistics helps reduce costs and improve business efficiency

reduced expenses with shipping agent

With the rise of e-commerce and the growing popularity of global trade, it is more crucial than ever for businesses to ensure they can deliver their products in a timely fashion to meet consumer demands. This is where your choice of shipping agent is critical. 

By working with a reliable freight forwarding company in Singapore, you can improve the overall efficiency of your company dramatically. The freight forwarder handles much of the shipment’s coordination and planning, allowing you to focus on your business’s core operations.

Moreover, an experienced freight forwarder – like Star Concord – will be familiar with the best route to ship your goods in a cost-effective and timely manner. Not only can you reduce your shipping expenses, but your business’s reputation will also be enhanced as customers are able to receive your products on time.

Logistics helps deliver your product to the right place in a timely fashion

parcel delivered by freight forwarding company

E-commerce has seen a steady rise in popularity within the past few years. And this trend is further accelerated by the COVID-19 pandemic, as many Singaporeans prefer to shop from the comfort and safety of their homes. Through such services, customers can place an order for a product with a touch of a button on their smartphones.

To meet this growing demand, there is an urgent need for businesses to review and improve the logistics of their supply chain to expedite, fulfil, and ship these orders in a reliable and inexpensive fashion.

Furthermore, with a large number of shipments to arrange and organise and multiple pick up and drop off points to coordinate, shipping the wrong product to customers can be a common occurrence. Hence, an adequate tracking system is essential to ensure the correct orders are picked up and delivered to their respective addresses.

To streamline such processes in your supply chain system, it is vital for you to work with a professional shipping agent who can assist you with the tracking and coordination of your shipments.

At Star Concord, we provide our clients with an efficient tracing system that lets them track the progress of their deliveries, allowing them to accurately predict the delivery date and time. With this information, companies can offer their customers a detailed update on their orders.

Well-coordinated logistics leads to positive business results

economic growth are also growth of freight forwarding company

The more businesses grow and expand, the more reliant they are on a streamlined supply chain system. However, this is not to say effective logistics planning is only crucial in large-scale business development. Smaller and medium-sized enterprises can benefit significantly from it as well, leading to positive business results.

No matter where your customers are located, they expect their products to be delivered quickly and flawlessly. Therefore, it is crucial for you to work with a freight forwarding company that can align the shipment of your deliverables in the most convenient and practical way.

Additionally, your ideal freight forwarder should be adaptable to the changes in your supply chain to minimise the impact on your customers. As you expand in the future, your partner should be able to scale and accommodate your growing demands to prevent issues from emerging and impacting your business.

Now that you have a better understanding of why logistics is an essential component of supply chain management, we hope you recognise the importance of working with a reliable third-party logistics provider that offers comprehensive logistics support – from addressing your shipping needs to providing accurate tracking for your products.

Star Concord is one of the leading freight forwarding companies in Singapore. Our experienced team has worked with numerous clients from varying industries, supporting them with their logistical needs. When you engage our services, you can rest easy knowing that your cargo will reach its destination safely and efficiently. Do not hesitate to contact us today to learn more about our services and rates.