Small business owners often make use of accounting reports to track financial data and keep score. They provide valuable insights into the financial health of a company. They also help the companies to systematize vital business transactions, monitor invoices and check into the legal matters. Independent freight forwarders who don’t track the financial info run…
In the logistics industry it takes several years to build a sound relationship with your customer. However, this industry being extremely volatile, this relationship can get messed up in a day. There are plenty of risk factors associated with freight forwarding companies. These factors include road accidents, theft of assets, accidents due to improper storage…
Small and mid-sized logistics companies definitely need to be part of a freight forwarders network to compete with multinationals. Otherwise, they run the risk of missing out on a lot of businesses, benefits, and opportunities for growth. Most importantly, the freight networks allow freight forwarders to branch out by finding global partners and increasing their…
Keeping the customers satisfied is surely a top priority for independent freight forwarders since it helps to boost your sales and allows you to stay ahead in the competition. The perception of your customers towards your company is a crucial factor that should determine your company’s services and policies. The brand image you project for…
Customer satisfaction should be one of the bottom lines of your company. The current requirements of your customers are one factor that should define your company’s strategy. Their demands need to determine your business strategy that should come with a plan for meeting their expectations. However, in the present times, there is one more factor…
Technology has become an indispensable aspect of our day to day life, and life, as we know it in the 21st century, is entirely dependent on digital technologies. For example, we cannot imagine our lives without smartphones, internet or the laptop. By ‘digital transformation’ we talk about the process of reshaping services, goods, and the…
Ever since we were faced with the COVID-19 threat there is no end to our concerns and the various versions of lockdowns and quarantines are still in place even after the arrival of the vaccine. It will take yet another couple of months for everything to go back to normal and in the meantime, we…
Broadening of the market reach should hands down be one of the primary concerns of any organization. Today’s blog comes with many important tips that will help independent freight forwarders achieve precisely that. Study your market Since the primary step in making a powerful business plan, constructing strong brand, and increasing sales is knowing your…
Apart from having a fully functional and user-friendly website, independent freight forwarders also need to expand their online outreach via various social media platforms. Social media websites like Facebook, LinkedIn, or Twitter are absolutely crucial for maintaining your competitive edge and for making the most of every marketing opportunity. According to one study, almost 90%…
In course of the last few months, the governments and privately-owned companies all across the world have been taking several precautionary measures to minimize exposure to COVID-19 among the work force. The frontline workers especially healthcare workers, workers in the transportation and logistics industry, and sanitation workers are at the highest risk of getting infected…