Of all the businesses operating around the world, those that plan the transport of goods between cities, states and nations are some of the most important of all. Facilitating international trade in an era of globalized economic cooperation, these transportation companies require extremely sound planning if they’re to succeed in the digital age – and out-compete one another for an advantage in a competitive marketplace.
This article provides the tips you’ll need to build your company into a successful competitor of the logistics and transport industry, helping you capture a greater market share and build a scalable business for the future.
One of the biggest trends – and one you’ll have been unable to ignore – is the growing trend towards green energy and green transport that’s currently dominating headlines around the world. Being eco-friendly as a business is now one of the most important corporate social responsibilities, and that’s a difficult circle for transport companies to square. But, with smart planning, you can lead the way in this field, by:
- Buying green ‘bonds’ to offset your energy omissions
- Using carbon-neutral devices in the office space, and making sure you’re investing in green energy
- Training staff on how to be more eco-friendly in their working life
- Setting up a fund to help plant trees and make the world a more eco-friendly place
You see, it’s not beyond the wit of man to act green even within an industry that produces greenhouse gases – you just have to think about how you can confront the environmental issues that are coming to define our age.
There is a whole host of benefits of your logistics and transport company going green, such as the following:
1. Saving money
Being more energy efficient means saving money in the long term. While you may have to invest in some new tech such as solar panels, for example, this will pay-off in the long run. You will save money on utility costs, and if you reuse material, you will save even more money.
Transport can be a costly business, and it can be difficult for your company to reduce their carbon footprint because of the traveling involved. That doesn’t mean you cannot make an impact, though.
Invest in transport that is more efficient, such as transport that doesn’t give off as many fumes. By doing this, you will save more money.
2. Improved employee morale
Going green can help foster a more positive attitude amongst your employees, especially as many more people want to work for a business that cares for the planet. Spread the positivity of being green by having eco-friendly initiative progams in place, where if someone were to lower their impact by so much, they are rewarded. Sustainability should be part of a company’s culture.
3. Going green is a status symbol
Companies that go green are viewed more highly than those that do not, so if you want to be held in high-regard, practice green practices so that you are looked upon more favorably. When you put in a green program in place, be sure to market it so that your customers are aware of your company going green.
4. Improved marketing capabilities
A business that has gone green has a whole new market to target. You can produce content but also speak clearly and confidently about how your transport business is implementing the changes and what that means for you as a company. People are more invested in businesses that make an effort to go green, and if you produce the right content and distribute it properly and on the correct social media platforms, you are likely to spread your company’s new ethos and expand your reach.
Millennials are more likely to support a business that is actively looking to reduce their carbon emissions, and one thing millennials are good at, is spreading the word of a business that is doing their part for the environment. Word-of-mouth is the most valuable form of marketing, and going green is a type of publicity you cannot buy. You are expanding your transport company’s visibility, making your business much more noticable.
Planning Your Business Protection
As well as helping your business grow green – thus avoiding the ire of environmentalists and those in government who may seek to sanction your business – there are plenty of other things that you can do to protect your investments. You may, for instance, choose to:
- Diversify your assets in case your transport business suffers hard times
- Buy a comprehensive commercial auto insurance policy from a reliable company like next-insurance.com
- Contact lawyers who’ll be able to represent your business should you need their help
- Work with financial experts in order to understand the level of investment you should place in your business
The list goes on – and can only stop when you feel that all the areas of your business that could potentially go wrong are accounted for. The key here is to invest in longevity and to avoid the destabilizing effects of bumps in the road as you develop your ongoing business strategy.
Logistics and transport are really all about planning. You’re planning how to get products from A to B, often over complex systems of transport which include sea, land and sometimes air. What this means for your business is simple: your USP needs to be that you’re better at planning than other companies, i.e., your orders are not late, and you’re able to predict the future success of your orders efficiently.
Usually, this will mean setting up a sophisticated system of data analysis in order to track orders across borders, keeping your customer service at a top-level. Listening to your customers and helping them with any issues they are having is an important part of any business, so be sure to listen and lend your services to those who are seeking advice.
These tips will help all logistics and transport companies succeed in 2020 and beyond. Be sure to audit your business so that you can streamline your company and reach new, promising heights that’ll bring in more business and customers.