05 July 2018
What’s EPOD technology worth to your
Despite the benefits
of electronic proof-of-delivery (EPOD) systems being widely recognised, many
businesses within the logistics industry are missing out on this invaluable
suggests that it can be difficult to get stakeholders to subscribe to an
investment in EPOD, tending to view it as simply another overhead. All too
often, budget limitations prevent EPOD implementation, when in reality, it’s
capable not only of saving money but actually generating returns.
EPOD has the potential
to help businesses start making immediate gains. From the moment it’s in place,
responsive, real-time logistic insight helps to ensure a higher number of
deliveries are completed first time around, instantly cutting much of the
wastage associated with unknown factors.
With a flexible
estimated time of delivery to work to, failed deliveries can be drastically
reduced and the profit-eroding costs of second deliveries eliminated. Missed
deliveries are a significant drain on resources for many businesses, so much so
that accepting minimal empty space in a van load, due to removing pre-loaded
yet cancelled orders, is less of a burden.
uninterrupted visibility across your fleet combined with up-to-the-minute field
information, the most economical route is always within reach. As the number of
successful deliveries increases and time spent getting orders out is scaled
back, cost savings extend to fuel, mileage time, vehicle maintenance and driver
hours. With the ability to keep them in the loop, your business can provide a
better service for customers, leading to higher satisfaction levels, enhanced
reputation and less time spent by your teams responding to customer queries.
The power to update
and optimise your delivery routes, maintain constant contact with your fleet
and keep customers informed means EPOD technology has rapid cost-saving
benefits that exceed far beyond its initial outlay.
EPOD as a profit generator?
cost reductions is one thing, the ability to create extra revenue would make
the business case for EPOD all but undeniable. Can EPOD really make a company
The answer lies in just
how much money an EPOD solution can allow a business to save. Say implementing
EPOD enables your business to cut operational expenses by 15 percent, simply
via boosting the number of first-time deliveries. Depending on your company’s
running costs and profit margin, this alone could be enough to tip the balance
into the black.
EPOD’s route optimisation feature makes it possible to reduce your fleet’s
miles on the road by 10 percent. A large-scale business with a hypothetical
fuel bill of £15 million could add up to £1.5 million to their bottom line.
What’s more, more efficient route planning also has the potential to help you
make a sustained reduction in the number of vehicles out on the road, saving
EPOD’s financial impact
will no doubt vary from business to business, but figures like these can help
to make the difference when pitching this technology to stakeholders. While
improved productivity, actionable business intelligence and better customer
service are all notable benefits, the profit potential may be the deciding
factor behind a decision to implement EPOD software.
At Touchstar, our EPOD
systems are designed to provide tangible and direct return on
investment, streamlining your business processes while turning avoidable
expense into extra income. Find out more about what we can help your business
achieve by getting in touch with our expert team.