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Out-dated technology is the greatest barrier to making efficiency savings in delivery processes, according to independent research commissioned by mobile solution providers M-Netics, released today.
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London, UK, 26 May 2011; Out-dated technology is the greatest barrier to making efficiency savings in delivery processes, according to independent research commissioned by mobile solution providers M-Netics, released today.
The exclusive research showed that - on average - delivery accounts for 17% of logistics costs. 19% said that it takes up more than a quarter of the entire logistics budget. Respondents believed they could save 13% of their logistics costs with better, more efficient delivery processes.
However, 43% ranked insufficient or incorrect technology as the biggest barrier to realising these savings. Change management concerns came second (24%) with a lack of timely information closely behind in third (20%). Surprisingly, a lack of skills was not seen as much of an issue with just 13% reporting it as the biggest hurdle.
Commenting on the findings, John Coon, managing director, M-Netics, said: "Our research shows that with more efficient processes, logistics businesses believe they could save an average of 13% of their delivery costs. For even a medium sized business, that saving could run into hundreds of thousands in the first year."
"If current technology is the greatest barrier to realising these savings, then next generation proof of delivery is all about overcoming that obstacle. Improving fulfilment with tools such as GPS, and then integrating and automating delivery into other business process such as invoicing or after sales leads to a smarter, more efficient and cost-effective logistics operation. This is what our IM2 ePOD next generation proof of delivery system delivers"
M-Netics today launched its IM2 ePOD next generation proof of delivery technology in a bid to drive efficiency gains through delivery operations. At the launch, a leading courier company outlined the improved operational efficiency they had seen from the solution and its contribution towards an improved bottom line.
Ends
Notes to editors
100 IT decision makers in UK logistics businesses of 100 employees or more were interviewed by market research specialists Vanson Bourne in May 2011.
John Coon and other senior members of the M-Netics management team are available for interview.
About M-Netics
Headquartered in Chippenham, in the UK, mobile technology solutions provider M-Netics was founded in 2004. Focused on the development of pioneering and leading edge software such as the IM2 Enterprise Mobility Suite and Quantum products, M-Netics has over 15,000 users running its applications. For further information please visit
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