Collaborative Model between LSP and Technology Partner
As the business grows for a Logistics Service Provider (LSP), so will the complexities and the need to provide a long-term, comprehensive, future-proof technology platform that scales up with the business. This technology platform will become the backbone of the LSP business. It must be capable of supporting the company from an operational, tactical, as well as strategic perspective. Some of the core capabilities which the LSP needs to consider while conceptualizing a modern technology platform for business are:
End-to-End solution capability: The platform must have the capacity to provide seamless information flow across the logistics supply chain covering not only core logistics but also encompassing the other critical business processes such as CRM, finance, asset /fleet management, and compliances, which may require operational inputs from the core logistics modules.
Source: https://www.ramco.com/blog/log....istics/collaborative