| |JUNE 202219parties involved. In addition to that, there are chances that each party may have access to customer information which can leave the system vulnerable to data breaches. In fact, a recent trend which is emerging in the industry is to handle all aspects of logistics management from the starting point to the end. "End-to-end logistics management is helping companies to avoid the extra costs of hiring third parties and removing the confusion in warehouse management", says Bhaskar Priyadarshi, Logistics Expert, Cogoport. Leveraging Data for Improving EfficiencyExport logistics generates a lot of business data which holds a lot of importance for supply chain companies. Export logistics providers can collect a lot of data like custom codes, transportation costs, pricing of product in different countries and shipping management methods. Even this data can provide an opportunity to the business analysts in shipping management companies to leverage the data by extracting more out of their supply chain and improve the efficiency and speed of the shipping processes.Government Efforts In the recent years, consistent efforts have been put into pushing the export logistics paradigm towards a better tomorrow. Currently, the government has brought up so many new policies like `Zero Defects, Zero Effect' in order to rank-up India higher in the global export logistics market. Also, with the rise of global warming and increasing focus on environment protection, green initiatives are driving massive changes in shipping regulations and the business decisions of export logistics across the world.Process OptimizationOptimising the logistics process is very crucial to ensure a profitable and smooth journey of the export. "Logistics companies needs a proper planning, effective people management and selecting the best transport mode as these points need to be deliberated upon carefully for the optimum results", says Sylvestor D'mello, Director-Operations, Freightwalla. Advanced planning has always helped the companies to deliver the products on time and save considerable revenue by avoiding last minute surge charges. Also, since export is a labour intensive job be it on the dock or while shipping, it is always crucial to effectively deal with the on-ground workforce. After that comes the role of mode of transportation, which plays a pivotal part in optimising export logistics as it would directly impact the costing and profitability of the business. Expectations from Future Global market is expected to gain exposure to premium brands and industries in unconventional niches. This will lead to the boosting up of both export logistics and domestic consumption. Logistics chain will be seamlessly brought together by aligning the processes with the help of latest technologies. The new age interaction between port customers, carriers, drivers, terminals, freight forwarders, haulers, shippers and others is expected to get paced up because of the technologies. Also, the multiple interactions between these parties will be reduced and hence prevents data manipulation. END-TO-END LOGISTICS MANAGEMENT IS HELPING COMPANIES TO AVOID THE EXTRA COSTS OF HIRING THIRD PARTIES AND REMOVING THE CONFUSION IN WAREHOUSE MANAGEMENT
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