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Potential six-figure efficiency gains drive the launch of next generation proof of delivery

Potential six-figure efficiency gains drive the launch of next generation proof of delivery

 

Outdated technology is the greatest barrier to making efficiency savings in delivery processes, according to independent research commissioned by mobile solution providers M-Netics, released today.

 

The exclusive research, carried out by Vanson Bourne among 100 IT decision makers in UK logistics businesses, showed that – on average – delivery accounts for 17% of logistics costs. Nearly one in every five (19%) of UK firms said that it takes up more than a quarter of the entire logistics budget. Respondents believed they could save – on average – 13% of their logistics costs with better, more efficient delivery processes.

 

Having the right tools essential

 

However, 43% ranked insufficient or incorrect technology as the biggest barrier to realising these savings. Change management concerns came second (24%) with a lack of timely information closely behind in third (20%). A lack of skills was not seen as much of an issue with just 13% reporting it as the biggest hurdle.

 

John Coon, M-Netics managing director, said: “Our research shows that with more efficient processes, logistics businesses believe they could save an average of 13% of their delivery costs. For even a medium-sized business, that saving could run into hundreds of thousands in the first year.”

 

“If current technology is the greatest barrier to realising these savings, then next generation proof of delivery is all about overcoming that obstacle. Improving fulfilment with tools such as GPS, and then integrating and automating delivery into other business process such as invoicing or after sales leads to a smarter, more efficient and cost-effective logistics operation. This is what our IM2 ePOD next generation proof of delivery system delivers”

 

M-Neticssaid it launched its IM2 ePOD next generation proof-of-delivery technology today in a bid to drive efficiency gains through delivery operations.