Before the Pandemic, logistics were largely taken for granted. A company’s supply chain was simply how it acquired the units it eventually sold to its customers, a step towards the actual core competency. Getting the goods to the right market was something that needed to be done, certainly, but not a major concern for leaders.
Simpler times indeed.
Today, the term ‘supply chain shortage’ is entrenched in the global vernacular. The massive shipping disruptions during the Pandemic opened the eyes of businesses everywhere, illuminating the fact that a functioning flow of materials and goods is not a given.
And while it seems that things are flowing more freely now that the effects of the Pandemic are easing, many CFOs aren’t taking any chances. The WSJ reported recently that more and more CFOs are focusing on logistics costs, and paying more attention to their supply chains than ever before.
Even before the Pandemic, Zero Down was leading the charge in helping companies understand the interplay of logistics and finance. Transportation and distribution factors are never set in stone, and the impact that an efficient and resilient supply chain can have on a business’ bottom line cannot be overstated. Ideally, the logistics and finance departments would work hand in hand to ensure the company is supplied properly, while at the same time understanding the demand that has on the overall budget.
This may seem like asking a lot, but it’s easier than it sounds. Zero Down’s Transportation Spend Management System was specifically designed with these two goals in mind. Our advanced logistics software provides end-to-end supply chain visibility in real time, coupled with powerful financial reporting capabilities that allow CFOs to easily view true landed costs.
The marriage of finance and logistics may be a new trend, but the technology to make it happen already exists. If you’re interested in building a resilient supply chain while protecting your bottom line, reach out to us today, and let’s get started.