How Tech Startups Can Improve Supply Chain Operations and Resilience

The other day, I had a good conversation regarding tech consulting, internal builds, commercial off-the-shelf (COTS) and software as a service (SaaS). No doubt a much-discussed topic for many in my network, and generally, the best approach for a customer organisation is likely a combination. In supply chain and logistics, I believe we'll see an increased shift to COTS and SaaS because of the ease of updates and maintenance, cost-effectiveness, convenience, proven technology, latest features and scalability.

The Benefits of Working with a Tech Startup in Supply Chain and Logistics

I then got to thinking that tech startups provide most and sometimes all of those points (the tech consulting, internal builds, COTS and SaaS points). Companies with the vision, values and guts to work with startups are perhaps the companies that will thrive.

Suppose a business wants to improve supply chain operations and resilience. Working with a startup specialising in data and technology will benefit them because they come with fresh perspectives and scalable solutions that traditional supply chain experts or consultants are unlikely to have. A startup is likely more agile and adaptable in implementing new technologies and processes, as traditional ways do not constrain them. Additionally, startups are often more open to experimentation and taking risks, which can lead to breakthrough innovations that could give the import-export business a competitive edge. 

Working with experts from the logistics and supply chain industries with decades of experience is a very sensible approach and no bad thing, and that's why we've chatted at length with many across the globe over the last year. A balance of both perspectives will be beneficial. 

The Advantages of Using a SaaS Shipment Module for Your Import-Export Business

Arming your business and supply chain experts with Bolster's SaaS Shipment module is a smart decision. Built on a unique platform, it can quickly adapt to the ever-changing needs of the import-export industry. With new value-adding modules planned and soon to be released, your business operations and resilience will be further improved. This will allow you to effortlessly adapt to shifting markets, global conditions, and supply chain disruptions, giving you greater flexibility and stability. 

Ready to take your supply chain operations and resilience to the next level? Take action below and experience the difference that Bolster can make.