Why LSPs should Move Away from Siloed Tech Stack?
Post-pandemic, there's a significant shift in digitization trends across the logistics service provider (LSP) ecosystem. Multiple logistics organizations are looking ahead to upgrading their legacy custom-built systems or point solutions, that take care of just a part of their business.
LSPs would have deployed most of these software solutions a few years back, either due to the suggestion from the end customers to use a specific solution or a short-sighted vision to have a TMS or a WMS or a billing solution that takes care of an immediate need.
Over the years, the LSPs would have grown and acquired more customers, but their IT infrastructure would have remained the same. After the pandemic, LSPs are expected to equip themselves to provide visibility to their end customers, anticipate supply chain disruptions, predict demand, improve efficiency, and bring down the cost of operations.
Source: https://www.ramco.com/blog/log....istics/why-lsps-shou
