Investing in Technology During Times of Uncertainty

COVID-19 has created many challenges for the logistics industry. Businesses of all sizes are currently finding great ways to use technology in order to overcome these challenges. Thanks to a wide range of technological advances, many logistics companies are investing in technology to not only help during a situation like this, but also moving forward towards the “new normal” as well. Let’s take a closer look.

 

Automated Technology

Even before the Coronavirus pandemic hit, automation was already a fast-growing priority for logistics companies. Even with the current uncertainty in the markets, businesses in the industry are looking to emerge from this situation in an even better position than before. To do that, they are willing to sign off on technology purchases that deliver quick and quantifiable ROI.

 

A Great Time to Make Big Changes

Since so many companies are not as busy as usual, there is some wiggle room to spearhead change. One example of a technological advancement being utilized is Shipamax’s document automation solution. They offer a fully packaged implementation program that is managed by a Customer Success team. Users can get up to speed in less than 30 minutes, which is a huge relief to managers responsible for driving new initiatives during this remote period.  Document automation tech can address back-office inefficiencies, which during this crisis, is more critical than ever.

 

Time to Invest in New Technologies

Even though these are unprecedented and uncertain times for any business, investing in new technology will allow them to emerge in a position of strength. If a company has idle project resources or is looking for projects with minimal risks, investing in automated technology is a solid plan. Expanding technology is never a setback, especially in a situation like this, where the future is ultimately unknown.