Scaling and growing a business needs a plan just as you would establish or start up a new business. Scaling a business means staging a business model to support growth. First, evaluate the current situation of the business, and identify the things that need to be done in order to increase revenues. In fact, you can assess your business using a sales report. From a sales report, you can project your sales numbers and assess whether or not your resources will support the target capacity or prevent poor customer service and create confusion among staff members. Below, we take a look at some of the key components in scaling your company, and how to scale your business in 2021.
Flexibility is an absolutely crucial asset for any business, especially one that relies on a supply chain of any sort. If this was ever in any doubt, it has now been made starkly apparent in the wake of COVID-19. This virus has been destructive to countless businesses. Moreover, the ones that have been able to survive (and in some cases thrive) are those that have been able to remain adaptable with a more flexible supply chain.
A Transportation Management System, or TMS, is a solution that manages the dispatching of trucks or carriers. As well as fleet maintenance, billing, driver pay, driver records, IFTA reports and DOT compliance.
Additionally, a Transportation Management System streamlines operations by optimizing carrier routes, and reporting key analytics while improving customer service across business areas.
Technology and the freight industry don’t always go hand in hand. The reasons behind this are complicated, but technology-trusting freight brokers are making progress. We’ve invested heavily in our customer’s Transportation Management System, as well as software for many of internal processes and documents. Electronic Data Interchange, commonly known as EDI, is another way in which the freight industry is pushing into the 21st century.