The Advantages of Digital BOL and POD for International Forwarding
A receipt that attests to the delivery of a package is known as a Proof of Delivery (POD). The POD is given by the carrier, and in order to verify cargo delivery, the recipient must accept and recognize it. A Bill of Lading (BOL) serves as documentation for the movement of commodities.
To fulfill the expectations of consumers and customers, the need for and demand for technology keep expanding and changing. The conventional pen-and-paper technique cannot be used in the current market environment, necessitating the use of digital BOL and POD to meet the expectations of international freight forwarding.
· Improved Record-Keeping Requirements Compliance
Digital evidence of delivery reduces the possibility of mistakes and enhances record-keeping compliance standards, which are always changing. With digital POD, documents are easily accessible in one area. Freight forwarders will reduce liability while increasing production and efficiency by utilizing this technology. Additionally, digital POD enables forwarders to keep up with modifications to real-time record-keeping rules.
· More interaction with other parties involved in freight management
Collaboration with other freight management parties is made possible by digitization evidence of delivery, increasing total customer satisfaction and return on investment. People seek for the simplest, fastest, and most economical solutions because they desire instant pleasure. They can satisfy the needs thanks to logistical cooperation with all parties involved in freight management. Platforms for collaborative digital freight give each transaction visibility, efficiency, and transparency.
· Management in Real Time by Exception
The Digital POD system updates all stakeholders in real-time with changes and exceptions when proof of delivery exception happens. By enabling prompt notice to all participants, real-time data would reduce market instability and volatility. With the help of management by exception, it will be possible to handle exceptions quickly and effectively, lowering risks, enhancing planning, and enhancing client communication.
· Shipment traceability is made easier
Data tracking in the supply chain is now easier than ever thanks to the digitization of evidence of delivery. Through this technology, data is instantly accessible to customers and freight forwarders. From loading through arrival and all stops in between, they can follow and trace their goods. Additionally, since all information is accessible through an electronic platform, eliminating the intermediary, requires less physical labor. Contactless has become popular since the pandemic’s start and is widely used in the maritime sector. You have access to digitalization, contactless ordering, shipping, and delivery. Delivery and shipping information is sent to customers and suppliers.
· Fewer Errors When Handing Over Freight to Third Parties
All parties have access to a portal that is used to handle the digital evidence of delivery and bill of lading. When several parties handle freight, there is obviously limited space for error. Throughout the transit, loaders and drivers contact the goods at numerous points. The weight, location, and condition of their goods can all be tracked at any moment thanks to this ground-breaking technology.
· Less Demanding Jobs for Drivers
The driver no longer has to deal with laborious paperwork or other data-focused activities thanks to digital evidence of delivery. They are able to concentrate on the pick-up, delivery, and transportation of their cargo. Drivers can satisfy client requests and lessen their burden because to real-time updates and visibility offered by digital POD.
Implementing a digital proof of delivery and BOL has a number of advantages. It lessens the workload for drivers, improves cargo traceability, reduces space for human mistake, and gives all collaborators real-time updates, allowing you to expand your freight forwarding company.
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