There are many cost overruns which can cripple what might have otherwise been a successful business venture.
For businesses operating in the delivery space, one of the most prevalent concerns involves the costs associated with shipping products to the end user.
As an enterprise grows in size, the logistical challenges will obviously become more daunting. This is why modern strategies need to be put in place as soon as possible.
The good news is that there are many lesser-known technological innovations that can make all of the difference in the world.
From targeted webfleet solutions to proper vehicle maintenance, it is important to leverage the utilities at your disposal. Let’s take a quick look at some methods to consider.
Proactive care and maintenance
It is a bit ironic that many businesses tend to overlook the status of their vehicles.
As opposed to maintaining a fleet on a regular basis, they wait for a problem to occur before taking any real action. This is a sure-fire way to run into daunting logistical issues; especially if more than one vehicle is out of service for an extended period of time.
It is just as crucial to mention that smaller issues will cost much less when compared to a full-blown overhaul. This is why a maintenance schedule should be created and followed on a regular basis.
If possible, it could also be a good idea to hire a part-time mechanic so that this responsibility is delegated to a professional. It’s imperative that you;
- Keep up to date with MOT inspections
- Encourage workers to check if all lights and signals are functioning properly.
- Make sure that the right tyres are being used for the season in question.
These are just a handful of suggestions that will help you avoid shipping-related headaches, while also saving a great deal of money.
Even traditional businesses are now beginning to appreciate the benefits that technology can provide their ongoing operations. Many of these services can be moulded around the unique needs of the organisation in question.
For example, real-time vehicle tracking will enable owners to better appreciate the habits of their drivers as well as which routes are the most efficient. This will inevitably lead to faster shipping times and it is likely that a great deal of money will be saved in regards to petrol costs.
Tracking also encourages personal accountability while on the road. If a driver knows that he or she is being monitored, infractions such as travelling over the speed limit are much less probable.
Logistics represent an important concern for any growing business. Although we do indeed live in the digital age, the fact of the matter is that products which are ordered online still need to be shipped to the customer. This is why developing an efficient approach to logistics is critical if you hope to avoid any financial woes along the way.
More from ByteStart
ByteStart is packed with help and tips on all aspects of starting, running and funding your business. Check out some of our most popular guides;
Funding your business
- A Start-Up’s Guide to the Seed Enterprise Investment Scheme (SEIS)
- Revolving Credit Facility – The short term funding solution every small business owner should know about
- What to Do When the Bank Says “NO”
- Guide to Cash Flow Management
- Invoice Finance – What is it and how can it help my business?
- A Guide to Merchant Cash Advances