Establishing and maintaining a successful business requires taking calculated risks and making wise investments. When a company decides to purchase an in-building logistics platform, it is more than an empty purchase; it’s a long-term investment in your company, staff, and facility. Companies who make this investment are looking at dashboards and reports vigilantly, hoping to see a return on their investment in the way of improved logistical efficiency. To determine the yield of your potential for your tracking software and its ROI, ask yourself these questions:
1. How much could you save in operating costs by improving mailroom/receiving, task, and asset management?
Minimizing the cost of operations is easily done when you improve your task and asset management systems. With the use of a task management workflow, your business can streamline and prioritize web requests, dispatch service workers, confirm request completions, and measure task productivity. Your asset management system allows a company to maintain vigilance over corporate asset inventory and monitor the entire life cycle of each item. By instituting both workflows, your company will save money by eliminating excessive spending on items that are already in stock and by maintaining planned maintenance schedules.
2. How much time could your mailroom, facilities, and IT teams save by using a modern in-building logistics system?
Some of the key benefits to instituting a robust logistics tracking system are gaining insight and clarity into various areas of your business. How much time does your mailroom spend searching for missing packages or manually sending out email notifications? These problems are typical for those who use outdated or inadequate software. Using your time inefficiently can come at a hefty toll, often hindering companies from engaging in other necessary tasks. The right tracking software helps to ensure your staff spends their time on tasks that only they can do.
3. How much will you save by eliminating licensing fees for other legacy solutions?
Too many businesses are using several individual software solutions, each of which only serves a single purpose. Does it make sense to have different software systems to track tasks, assets, and packages that move around your facility? Each one of those programs has a cost associated with them (i.e., annual licensing fees and support fees). To cut costs, companies should search for a multi-functional platform that can genuinely support as many aspects of their business as possible.
4. How much time will you save by centralizing all your workplace data?
The overall success of an in-building logistics system hinges upon a company’s understanding of its logistical metrics and data. However, if you’re using multiple software programs, it will take much more time to find each data point that you need, giving you less time to spend analyzing them. The key to mastering your logistical data is to have it housed within one centralized system. Unifying your sources of data will significantly improve your time deficit and allow your company to use that information to determine if you need to make any operational changes or improvements to your in-building logistics platform.
Are you a facility manager that is looking to get a better return on your logistics investment? Let us know in the comments section below or by visiting the contact page.