FAST Logistics Group, the country’s leading end-to-end logistics and distribution company, emphasized during a recent seminar the crucial role of automation and technology in bolstering supply chain resilience.
Supply chain managers and logistics professionals gathered for a seminar on Tuesday, June 4, at EDSA Shangri-La Hotel in Mandaluyong City to share insights on trends, best practices, and cutting-edge technology in logistics and supply chain management amidst disruptions.
Organized by Meson Logistics Solutions, iData, and SOTI, the seminar on “How to Navigate Your Supply Chain in the Age of Disruptions” aimed to help businesses explore and develop strategies to manage and mitigate risks in an increasingly unpredictable environment.
FAST AVP for IT Delivery and Innovation Aldwin Micu delivered a compelling presentation on the necessity of technology and supply chain automation tools in addressing high-impact disruptions. While change reshapes processes, systems, and stakeholder interactions, he said companies must embrace it to improve their business processes.
“We need to embrace change and increase our capabilities to respond to clients’ needs and requirements effectively to ensure that we remain competitive in the business,” he stated.
For logistics solutions providers like FAST, he said choosing the most efficient and advanced technology and systems is crucial in addressing the pain points of various clients, while improving their overall supply chain efficiency and providing cost savings.
Trusted by multinational companies, Filipino conglomerates, and small and medium enterprises, FAST Logistics Group provides a comprehensive range of innovative logistics solutions for businesses of all sizes. With over 50 years of industry leadership, it continues to set the standard for excellence in logistics and supply chain management in the Philippines.
Innovation for Resilient Supply Chains
During the seminar, Aldwin noted that FAST leverages Transport Management System (TMS), a comprehensive set of software solutions designed for route optimization, order status visibility, and gaining real-time insights. TMS also provides shipment status and meticulous documentation of proof of delivery.
Developed by the company’s IT experts, this solution allows businesses to streamline and optimize their transportation operations. By providing a high level of visibility, TMS also helps companies swiftly adapt to unexpected situations, make immediate decisions, and maintain a smooth, well-coordinated transportation process in case of emergencies.
Watch the video below to learn more.
Moreover, Aldwin said FAST utilizes Meson Warehouse Management System (WMS), formerly called Honeywell WMS, a highly configurable and user-friendly system for warehouse automation. WMS helps companies reduce errors, minimize downtime, and improve overall productivity at every stage of the warehouse process.
With automated warehouse operations, businesses can effectively manage inventory levels and fulfill orders through efficient tracking of stocks. As a result, companies can ensure accurate and fast deliveries and operational excellence for their customers.
FAST also uses dashboards to provide real-time insights and analytics, allowing its clients and partners to make informed decisions and continuously improve their operations even in the face of supply chain risks and challenges.
With artificial intelligence and machine learning technology, FAST’s AI-powered dashcams can swiftly detect and address distracted driving, road hazards, and other transport risks in real-time. It is designed to comprehensively monitor and ensure the safety of drivers, fleets, and products throughout the delivery process. FAST AI dashcam also captures and transmits live video footage to the FAST Command Center, allowing personnel to make real-time, data-driven decisions if needed.
Aldwin emphasized that even with the implementation of advanced technology and supply chain automation tools, it must be continuously monitored and improved to ensure it meets the evolving needs of companies. This ongoing process of evaluation and enhancement is crucial for empowering businesses to achieve their strategic goals and maintain a competitive edge in the market. By staying vigilant and proactive, Aldwin said organizations can harness the full potential of technology to drive operational excellence for customers.
Outsourcing logistics needs to solutions providers like FAST empowers companies to streamline supply chain operations and concentrate on core activities, free from logistical complexities. FAST offers advanced technology along with its expertise, network, and resources to guarantee timely deliveries and efficient warehouse management, all while alleviating operational burdens.
Future-Proofing Business Operations
During the seminar, Meson Logistics Solutions Head of Sales Jose M. Danga highlighted that most companies were unprepared for immediate supply chain disruptions. Citing data from the US-based intelligence firm International Data Corporation, he said 83% of supply chains could not respond and adapt within 24 hours in case of disruptions, while 67% of global supply chain leaders were dissatisfied with their disruption response strategies.
This underscores the urgent need for easy-to-implement solutions and adaptable and innovative technologies such as TMS and WMS in mitigating risks in the supply chain and future-proofing business operations.
Companies thus need immediate, medium, and long-term strategies to navigate supply chain risks effectively. He said these strategies should encompass enhancing risk management practices, expanding the partner ecosystem, accelerating digital transformation, and leveraging scalable platforms for business success.
As pointed out by Aldwin, organizations that have yet to embrace digitalization encounter higher headcounts, increased overtime costs, and additional operational expenses, all of which hinder overall success. He emphasized that building a resilient supply chain is more cost-effective in the long run, as it boosts efficiency and averts potential losses during unforeseen events.
The seminar participants learned that as businesses navigate an increasingly unpredictable environment, embracing digitalization and automation will be paramount in achieving supply chain resilience and efficiency. They also gained a deeper understanding of cutting-edge technologies in modern supply chain management, as well as actionable strategies to stay ahead in the age of disruptions.
Embrace a more resilient supply chain with the latest innovations and technology. Learn more about FAST’s tech-driven solutions from our Solutions Experts. You may also visit http://linktr.ee/fastlogisticsph
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