Page 13 - Logistics News - September - October 2021
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OP I N I ON
















            From a supply chain perspective, social media   feedback, the quality of service or product can be
          channels give consumers, vendors, suppliers,   improved as per requirement.
          manufacturers, transportation companies and
          fulfilment centres a powerful tool for gathering all   Communication with suppliers: Collaboration via
          sorts of feedback. All that data can be put to good   social media platforms such as Zoom, WhatsApp, MS
          use, ranging from positive reviews to something   Teams and Twitter facilitates advanced scheduling on a
          more negative such as a poor customer experience.   real-time basis. It helps all supply chain partners to stay
          This is an exigent benefit of social media as supply   in contact with each other to have a decision-making
          chain decisions should never be made without   system that is effi  cient and transparent. It allows
          considering positive and negative input.      knowledge and data sharing, newsfeed distribution
                                                        among peers, supervision of processes and tracking
            A significant inadequacy of several current SCM   the transport and logistics of all vendors and suppliers,
          solutions is their predilection for an inward-looking   which subsequently improves trust and the relationship
          approach to data collection. This ideology is based   between supply chain partners.
          on gathering information about procedures and
          policies internally without considering the ripple   Forecasting: Using social media platforms,
          effect that such procedures and policies may have on   businesses can predict trends in the marketplace
          supply chain partners.                        and consumer sentiment about products and brands
                                                        by analysing public posts made on social media
            For supply chain professionals wanting to   platforms. For example, Levi Strauss & Co. and Zara
          uncover new ideas, monitor commodity and pricing   use the insights gained from social media posts
          trends, document best practices and communicate   to determine fashion trends when creating new
          with customers, colleagues and suppliers, the   clothing lines.
          following are some examples and opportunities for
          social media in supply chains:                   Sourcing: Using social media platforms,
                                                        businesses can analyse the reviews, feedback and
            Improved visibility and coordination: Supply   ratings of current and future suppliers as additional
          chain partners can use social media to track events   metrics when making supplier selection strategies.
          and transactions, such as a delivery delay or a   Additionally, social media platforms such as
          carrier’s failure to pick up a package. An application   LinkedIn can be used to find and engage with the
          like Twitter may be used to notify truck drivers of   best talent in the industry.
          accidents and road closures, and express the demand
          for specific types of shipments.                 Social media invariably aids in disseminating
                                                        vital information and continues to be a popular
            Communication with customers: Businesses    and successful means for businesses to convey
          can contact their customers directly via social media   information rapidly. Businesses that neglect social
          sites like Google, Facebook, Twitter, Instagram,   media will inevitably miss out on these changes,
          WhatsApp and LinkedIn to get reviews and feedback   benefits and future business growth opportunities.
          about their products and service. Direct contact with   If your business has not fully embraced the power   L O GI S T I CS NEWS
          the customers saves time, which can be utilised in   of social media platforms yet, perhaps it’s time to
          better processing and optimisation. Also, based on   consider hitting the ‘like’ button. •




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