The PackageX team and I recently attended the Parcel Forum in Dallas, an event dedicated to fulfillment and parcel movement. It was a fantastic opportunity to connect with key players in the industry, and we engaged with four main groups: 🛍️ Shippers: Retailers and online businesses looking to store and move their products for consumers through 3PLs. 📦 3PLs: Third-party logistics providers who manage storage and movement of products and parcels for shippers. 🚚 Carriers: Companies that transport parcels for shippers and 3PLs. 📱 Software Providers: Technology companies like PackageX that support all the above entities in achieving outcomes related to receiving, transfers, fulfillment, and returns. PackageX exhibited at the event, and I had the opportunity to present on "Modernizing Warehouse Receiving," which was well-attended and received positive feedback. Here are three key takeaways from our 50+ conversations with attendees: - About 40% of warehouses still rely on a spreadsheet tech stack for day-to-day operations. - 42% of 3PLs and freight forwarders manually enter data from inbound logistics documents into their backend systems. They are eager to eliminate this during inbound receiving to boost workforce productivity and cut costs. - Exception-handling workflows related to overages, shortages, and damages (OSDs) remain a significant pain point for 3PLs, especially when feeding data back into WMS systems. Additionally: - Some 3PLs are exploring technology solutions to replace spreadsheet processes but are hesitant about traditional WMS and ERP systems due to their complexity, expense, inflexibility, and lengthy implementation times. - A streamlined location-to-location shipment transfer capability involving a receiving > fulfillment > receiving chain of insights is crucial for 3PLs and their customers. - Automating returns data entry offers 3PLs a chance to differentiate and gain a competitive edge. - Shippers are aggressively seeking diversified carriers in response to recent changes in the landscape. We're excited that PackageX is uniquely positioned to help logistics providers automate data entry and operational workflows on the facility floor with our AI-scanning and flexible bolt-on apps for inbound logistics management. Connect with us to learn how PackageX can support your logistics needs. PARCEL Forum (The #1 Package Fulfillment Event in the U.S.)
You look so confident and relaxed up there! Bravo
Excellent, keep it up Mr. Farrukh Mahboob & team. All the best.
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3moPackageX's role in addressing these challenges through automation and digital innovation is timely and impactful. Looking forward to seeing how these advancements shape the future of logistics!