openPR Logo
Press release

Technology in Transport: Rethinking the Trucking business for future in India

02-22-2019 12:48 PM CET | IT, New Media & Software

Press release from: Mytrux Infotech Pvt. Ltd.

Mytrux... Transporting Experience

Mytrux... Transporting Experience

Mytrux.com and why it is the gateway to the future of technology in transport...

The great management thinker Peter Drucker once said, “We cannot predict the future, but we can definitely invent the future”. Mytrux is an attempt to invent the future of transportation and trucking in India (www.mytrux.com)


By bringing the fleet owners and the service users together on one platform, Mytrux will help create a new future for transport experience in India. Mytrux will not just be the combination of fleet owners and users; it will also be a combination of mobile technology and best of user experience to create a solution that will add value to everyone. Above all, it perfect syncs with your existing transport model and hence enhances value instead of replacing value. Offers a solution that will be more efficient, leaner, productive and surely highly profitable


How does the Truck / Fleet owner benefit?

A fleet owner benefits in a variety of ways through this “Network of Truck Networks”. Firstly, it helps optimize fleet with the help of cutting edge technology with Real time information via GPS and Android operating systems can be combined to plot the proximity of the truck availability to the
requirement. Secondly, the fleet owner having complete control over each and every logistical aspect of his business as the latest status of all the trucks is automatically loaded on system for review. Thirdly, it brings efficiency in the entire operation as the logistical flow is optimized and helps in substantially improving the ROI.

How does the Consumer benefit?
Value creation has to be at all ends & like the fleet owner, the Consumer /services user’s operations also get optimized, being able to book space most efficiently and in a short span of time. Secondly, it works like a Just-In-Time (JIT) operation and that extends to manage their inventory. If an industry that uses the trucking service given visibility of truck space from its sourcing point to delivery point which is available at short notice, can reduce inventory holding & accordingly reduce the capital locked up. Last but not the least, it gives greater control to the service user which is limited to service provider with tracking device installed in vehicle. Technology interface enables with
real time position of vehicle , latest status of his shipment , available space to plan the backward and forward integrations of business accordingly. These benefits can actually be very large when quantified

That is where a “Network of Truck Networks” fits in...
Having understood the unique requirements of fleet owners and service user, the entire model as an online network of freight becomes evident. When we are referring to a “Network of Truck Networks”, we are actually talking of a Transport Exchange. Replicating the business of stock exchange which brings buyers and sellers together for the best bargain; similarly on Transport exchange platform the fleet owners and service users can come together for best business bargains. Creating a win-win situation for both.
Proof of pudding lies in the eating...

End of the day, benefits have to be quantified for being appreciated. Take the case of a Truck Fleet Owner , this “Network of Truck Networks” helps them do nearly 20% more trips per month with better turn around time due to control on trips. What is more; it ensures less fuel consumption through return load assurance, maintenance of vehicle, life of the engine and the tyres increase by about 5% each. When all these are pooled together, the overall benefit in productivity to the fleet owner is nearly 50%.

Let us look at the perspective of the Service user giving greater control, choice of transporters and better logistics planning, Overall productivity benefit will be to the tune of almost 20%. Industry which always has a pressure to reduce cost can understand the benefits of avenue giving opportunity for cost reduction by increase in productivity can make a substantial difference to bottom-line.

Contact us on: 8669696005
Find us on: www.mytrux.com

MYTRUX is Digital Platform,
Where we manage all trucks and loads digitally.

506, Fifth Floor, Lunkad Sky Station, Clover Park, Sartyam Marg, Viman Nagar, Pune 411014

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Technology in Transport: Rethinking the Trucking business for future in India here

News-ID: 1609872 • Views: 245

More Releases from Mytrux Infotech Pvt. Ltd.

Technology in Transport: Rethinking the Trucking business for future in India
Mytrux.com and why it is the gateway to the future of technology in transport... The great management thinker Peter Drucker once said, “We cannot predict the future, but we can definitely invent the future”. Mytrux is an attempt to invent the future of transportation and trucking in India (www.mytrux.com) By bringing the fleet owners and the service users together on one platform, Mytrux will help create a new future for transport experience

More Releases for Network

Water Network Management, Water Network Management trends, Water Network Managem …
MarketStudyReport.com adds a new 2018-2023 Global Water Network Management Market Report focuses on the major drivers and restraints for the global key players providing analysis of the market share, segmentation, revenue forecasts and geographic regions of the market. This report presents a comprehensive overview, market shares, and growth opportunities of by Water Network Management product type, application, key manufacturers and key regions. Over the next five years, Water Network Management will
Network Optimization Services Market
According to a new report Global Network Optimization Services Market, published by KBV research, the Global Network Optimization Services Market size is expected to reach $9.6 billion by 2023, rising at a market growth of 13.6% CAGR during the forecast period. The Professional market holds the largest market share in Global Network Optimization Services Market by Type in 2016, and would continue to be a dominant market till 2023. The Managed
Global Network Sandboxing Market
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global network sandboxing market based on type, business size and end-user industry. It also provides market size and forecast till 2025 for overall network sandboxing market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM). The
SWOT Assessment: Ariba Network
ReportsWorldwide has announced the addition of a new report title SWOT Assessment: Ariba Network to its growing collection of premium market research reports. Introduction This SWOT report provides an assessment of how the SAP Ariba Network has developed and looks at its strengths, weaknesses, opportunities, and threats. For a Detailed description and table of contents of this report please click here: https://www.reportsworldwide.com/report/swot-assessment-ariba-network Highlights The Ariba Network is an end-to-end procurement solution that
MES Joins SafeTRANS Network
Berlin (Germany), April 28, 2015: Model Engineering Solutions (MES), specialists in embedded software from Berlin, has become a member of the international competence network SafeTRANS. SafeTRANS is an association of prestigious enterprises and scientific institutions that ensures exchange between research and industry in embedded systems for transportation. The goal of the network is to increase the safety of transportation with the help of cutting-edge technology and optimized processes. Focus of the
PR 24x7 Network Limited
PR Agency in India PR 24x7 Network Limited is today North India's largest network, Public Relations Company. It has not only team of dedicated 75 members, but strong network spread over 22 cities also, through which company has been serving the country by effective PR services. PR 24x7 Network Limited is ISO 9001:2008 Certified company for global standard and Asia's first company to have SA 8000:2008