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Table of Content: Imagine this—you’ve finalized a critical shipment of transformers and switchgear for an upcoming project, but
Imagine this—you’ve finalized a critical shipment of transformers and switchgear for an upcoming project, but when you check on its status, there’s no real-time update. Your team scrambles to contact transporters, follow up on delivery schedules, and manually track down shipment locations.
The result? Unplanned delays, last-minute firefighting, and escalating costs.
You’re not alone. According to Deloitte’s Electric Power Sector Supply Chain Survey, 86% of companies in the electric power sector report increased operational costs due to supply chain disruptions.
In this blog, we’ll explore how end-to-end visibility can help electrical businesses cut costs, boost efficiency, and ensure on-time deliveries.
Supply chain disruptions don’t just increase costs—they create a ripple effect across operations. A delayed shipment means stalled projects, idle workers, and missed deadlines. Without real-time visibility, businesses rely on endless calls and emails to track shipments, leading to reactive decision-making instead of proactive problem-solving.
For the electrical industry even minor delays can derail entire projects. The challenge isn’t just about knowing where shipments are—it’s about having the right insights at the right time to prevent costly bottlenecks.
So, what are the key roadblocks preventing seamless logistics? Let’s dive into the biggest supply chain challenges holding back the electrical industry.
The electrical industry’s supply chain is intricate, involving multiple stakeholders, high-value equipment, and strict delivery timelines. Any inefficiency can lead to delays, increased costs, and operational bottlenecks. Here are the biggest challenges businesses face:
With manufacturers, distributors, retailers, and contractors involved, miscommunication is common. The lack of real-time tracking for high-value items leads to shipment delays, stock shortages, and project inefficiencies.
Freight costs continue to fluctuate due to fuel price volatility, inefficient last-mile deliveries, and high demand during peak seasons. Electrical businesses often struggle to secure cost-effective transport for bulk shipments and oversized loads, driving up logistics expenses.
Handling a large volume of SKUs becomes increasingly difficult during peak seasons. Poor demand forecasting leads to stock miscalculations, causing overstocking, stockouts, and delivery delays—resulting in lost sales and project hold-ups.
Determining the right freight rates and securing vehicles suited for varying load requirements can be time-consuming and inefficient. For oversized cargo (ODC) like industrial-grade cables, the unavailability of suitable vehicles disrupts timelines and inflates costs.
Fragile electrical components are prone to bending, insulation damage, and breakage if not handled properly. Additionally high-value equipment is at risk of theft during transit, leading to significant financial losses.
Missed delivery timelines don’t just cause frustration—they result in penalties, increased project costs, and customer dissatisfaction. Additionally, government-mandated inspections at project sites must align with deliveries, or businesses face delays, fines, and disrupted workflows.
Without real-time visibility, automated processes, and better coordination, these challenges lead to rising costs, inefficiencies, and project setbacks. But technology offers a way forward—let’s explore how it can bring end-to-end visibility and control to logistics operations.
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Technology has created a bridge, filling in the gap, that was caused due to limited visibility across the supply chain network operations in the electrical industry. Today Integrated Logistics Management System (ILMS) empowers multiple major players in the electrical industry domain to manage their supply chain efficiently and prevent losses, inefficiencies, and disruptions in the workflows. Let’s find out how.
While the electrical industry logistics remain complicated with multiple stakeholders involved, a unified logistics platform allows multiple solutions to be connected, resulting in reduced possibilities of miscommunication.
With IoT enabled real-time tracking via GPS, FASTag, and other tracking data providers, it becomes easier for all stakeholders to know about the location and status of shipments in real time – thus improving visibility across the supply chain. It also reduces project inefficiencies and stock shortages, ensuring on-time deliveries.
Reverse bidding technology can automate the freight negotiation process while maintaining absolute visibility, removing the need for manual intervention. This guarantees best rates for the required freight booking. A fair and automated negotiation process removes the chance of any malpractice at the time of bidding.
Historical freight and demand related data helps with accurate projections and plan in advance for seasonal demand surges. This enables the electrical businesses to optimize their logistics costs for bulk shipments and oversized loads. The Freight Index further helps with dynamic freight rate benchmarking.
Ensuring the right vehicle is sourced for the right cargo is critical to ensure cost-optimization and on time delivery. AI powered intelligent vehicle selection solutions can ensure right vehicle allocation depending on the nature of the cargo, the route, and time for delivery. It provides visibility across the entire available selection of vehicles and transporters, allowing better selection of vehicles.
Moreover, with real-time freight rate analytics the electrical businesses can take data-backed decisions on the right freight rates, while taking into account fluctuation of demands and current freight rate monitoring.
AI powered demand forecasting models help with analysis of historical sales data and find the current market trends to predict future needs with greater precision. This is highly impactful in reducing scenarios of stockouts and overstocking.
The integrated warehouse management system (WMS) automates the process of tracking the inventory stock and ensures accurate SKU-level visibility, thus reducing errors in inventory planning due to manual interventions.
Automated dispatch and delivery scheduling allows the electrical industry to adhere to strict schedules. This allows the projects to run on time and ensure that there is no impact on the project cost or penalties due to compliance issues.
Digital tracking and scheduling with absolute visibility ensures that all compliances are met and crisis scenarios are better handled in time to avoid future penalties, fines, delays, and disruptions.
In-transit live location monitoring with shipment condition tracking technology helps in monitoring of the valuable and fragile electrical components and equipment from loading to delivery. This helps in the prevention of damage during transit or theft of the materials. Thus, the electrical industry can prevent major financial losses.
Furthermore, electric Proof of Delivery (ePoD) allows instant updates on successful delivery of the shipment along with status of the shipments. This helps in ensuring that each electrical product is delivered on time and in the right condition, without tamper. It also prevents fraudulent claims and ensures accountability.
With these technological advancements providing end-to-end visibility of the entire supply chain network, the electrical industry logistics can experience major benefits. Ranging from reduction in the operational and logistics costs to ensuring on-time delivery of critical project items, logistics management technology is at the forefront of driving profits for businesses in the segment.
Here’s how these benefits translate into measurable business impact:
Managing the shipment and monitoring the status of the products becomes easier with shipment visibility and tracking. It ensures that the shipments stay on route, on schedule, and there are no damages, thefts, or loss due to issues pertaining to delivery.
Inventory management becomes efficient and prevents situations of stock-outs or early arrivals of goods with end-to-end visibility of the entire supply chain network, from dispatch to delivery.
With electronic proof of delivery, the delivery status becomes updated instantly across the network and gives real-time visibility to all stakeholders. This also allows faster resolution of any issue, reduces claims and enhances satisfaction.
The improved visibility of the supply chain network with detailed activity logs and audit trail saves valuable time of the logistics team and helps them ensure 100% audit compliance..
The complex, critical and fast-moving electrical industry requires a logistics network that is optimized, efficient, and agile. Lack of visibility, thus, can lead to critical delays, rising costs, and inefficiencies. SuperProcure ILMS empowers businesses with real-time tracking, automated freight sourcing, and data-driven decision-making—reducing manual effort while improving collaboration and compliance across operations.
A leading Fortune 500 electrical equipment manufacturer company in India leveraged the power of SuperProcure ILMS to achieve the following:
Read the full case study here to understand how SuperProcure helped the company streamline its logistics operations across a wide network of manufacturing units spread across India.
In a fast-evolving supply chain landscape, the companies that embrace visibility and digitalization will stay ahead of the competition. Creating a supply chain network for the electrical industry requires ensuring 360 degree visibility of the entire network. This improves traceability of the materials and products across the network and empowers decision making capabilities of businesses.
Given the complexity of the electrical industry’s supply chain network, with multiple stakeholders involved at various stages, optimization can be achieved through implementation of an integrated logistics management system. Such a system bridges the gap between diverse solutions for multiple logistics operations.By enabling seamless collaboration among stakeholders, this approach drives higher profitability and enhances productivity, shaping the future of the electrical industry.
Contact us today to learn how SuperProcure can enable end-to-end visibility in logistics Contact Us
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