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MGN Logistics Inc. – The Innovative Logistics Leader Transforming the Freight Industry

While change is a constant, the tech revolution has shown us that the pace of this change and its impact on various business verticals is anything but constant. The Logistics sector is one such industry that has witnessed a whirlwind of changes – both rapid and piecemeal – over the by-gone decade. From adopting tech tools to streamline supply chain solutions to minimising carrier costs to boost profits, logistic companies have had to adapt to the changing landscape of the industry to maintain their competitive edge.

Among the forerunning of such innovative tools has been the adoption of cloud-based systems. While such systems come with scalability benefits, they also help minimise costs and enhance reliability. Cloud-based logistics systems are protected with data encryption that accords them yet another advantage over the traditional routes. One firm that’s spearheading this revolutionary change in the industry is Mgn Logistics Inc. With its astute technological expertise and supply chain management experience, the company has been redefining the industry with its innovative solutions since 2000.

As a full-service freight management solutions provider built on the values of innovation, technology, and dedication, MGN Logistics works relentlessly to utilise its proprietary tech-based tools to help clients harmonise their logistic goals and costs with their overall business plans. MGN Logistics has now carved its name as an industry stalwart. The firm has earned several accolades for its unparalleled services, including being hailed as one of the top 100 3PL providers in America by the Inbound Logistics magazine.

Meeting the Ingenious Architect

Matthew Telesca, President & CEO of this innovative logistics empire, crafted the venture to be the premier tech-based supply chain solution provider in the market. A background in logistics and finance, coupled with his expertise in the field of software development made him well-poised to initiate an era of tech-based ingenuity into the supply chain and logistic industries that were still at the nascent stages of embracing the modern tech wave in the early 2000s.

Thanks to our innovative approach and relentless zeal to improve our software, we have become synonymous with premium, yet cost-effective logistic solutions – Matthew Telesca

As an individual who believes in the power of relentless efforts, Telesca is convinced that even as we march toward attaining success, for the large part, it remains elusive. However, for him, failure is a requirement for success, and one truly only fails when they stop trying. For Telesca, success lies in pursuing the noble path of innovation. Leading the venture from the forefront, Telesca believes in remaining engaged at every step of the way. To this end, he adopts a holistic and innovative approach to leadership. While he presides over executive meetings discussing the company’s mega-growth and product development strategies, he also pays equal attention to curating a work culture that’s conducive to innovative thinking.

The Story behind the Company

While Telesca’s interest in the field of finance and business germinated during his childhood days, the idea for a business like MGN Logistics originated in his mind when he was working at a warehouse. When faced with an urgent need to deliver items within a 24-hour window, Telesca had to sort through the yellow pages to find a carrier capable of performing this feat at a reasonable price point.  Online searches such as Google simply didn’t exist nor did interactive online freight websites. This is when Telesca realized the presence of a budding business idea. He started working on a prototype website immediately and developed ‘logisticsquote.com’.

With MGN Logistics, my goal was to go the extra mile, not just providing clients with  software solutions but really a comprehensive suite of tools that could optimize their entire supply chain – Matthew Telesca

Launched in early 2000, MGN Logistics gained the distinction of being one of the forerunners in establishing a fully automated online freight marketplace. Logisticsquote.com was one of the first of its kind freight website, where customers could review shipping rates, ship their products, track their shipments and create the necessary shipping documents automatically.  By 2004, the growth and success of the website had propelled it to one of the top freight websites and ultimately, a sale to private investors. While MGN Logistics continued to innovate and develop more advanced web-based freight management software, in 2007, the company acquired a Boston-based freight management firm and opened its first physical office and launched a new state-of-the-art Transportation Management System (TMS). This adaptive TMS, coupled with the other revolutionary ideas such as interactive KPI charting and predictive pricing helped establish MGN as an unparalleled innovator. Today, MGN Logistics has become a household name in the industry. With offices in Philadelphia, Boston, Orlando, Sacramento, San Juan, PR and Santiago, Dominican Republic, the company has been recognized as one of America’s fastest growing private companies by the Inc. magazine, six years in a row.  And Telesca, was named one of the top CEOs to watch in 2018 and again in 2020.

Infusing Innovation into the Work Culture

Innovation is built into the DNA of MGN and its corporate culture. Telesca believes that the success of a business is not solely determined by the ingenuity of its leader, but rather, the innovative thinking and implementation of ideas by the entire team. To this end, the team at MGN Logistics is constantly encouraged to synthesise ideas that will disrupt the current status quo, paving the way for an optimized future. With a dual-prong approach of empowering and incentivizing novel out-of-the-box thinking, the management at MGN Logistics ensures that its employees keep fuelling the fire of innovation.

USP of the Firm

Reliability is one of the foremost cornerstones for MGN Logistics. The firm understands the need for transparency and reliability in the freight management process for its clients. This value-based approach has helped MGN secure the top position in the market. While clients stand to benefits from instantaneous cost reduction with MGN Logistics as their supply chain partner, they also get to enjoy a more optimized and comprehensive approach to freight management. Whether it is compliance reporting or real-time tracking of shipments and invoice transparency, MGN Logistics ensures holistic optimization of the entire process.

Using Big Data to Change Supply Chain Management

The team at MGN Logistics believes that the right synthesis and analysis of data can provide unparalleled business insights that drive tangible changes. Thus, the company has ensured that its operations are optimized with the incorporation of such insights. To this end, MGN leverages advanced technology like Artificial Intelligence and Blockchain to provide impeccable data breach protection as well as live market data access to its clients. Over the course of the last two decades, MGN has pioneered new standards of data analytics-based logistic solutions in the industry. From freight analytic dashboards to immersive freight data visualization tools, MGN Logistics has paved the path for reporting suites that provide real-time insightful data to clients when they need to make crucial decisions.

Unique TMS

MGN Logistics secured its distinct market niche owing to its resourceful and inventive cloud-based TMS. Leveraging its proprietary technology, the company’s cloud-based supply chain management platform provides last-mile visibility for its clients. Apart from this automated tracking benefit, clients also get to tap into a plethora of value-added business and analytical insights, all while optimizing freight rates. This unique TMS can be used as a standalone platform by clients or a beneficial add-on to their existing application. Since this versatile platform promises a seamless integration process and is designed to handle all modes of freight, clients benefit immensely by incorporating it into their supply chain management plans.

Changing the Status Quo with Tech-Based Solutions

While the tech revolution has quite conspicuously changed the logistics industry, the status quo software solutions available to clients has only marginally incorporated this change. MGN Logistics is one of the pioneering companies to have infused advanced technology into their software. Its state-of-the-art cloud based TMS incorporates the latest technology to offer clients logistic solutions that are designed to maximise satisfaction while minimising costs. From business intelligence and managed transportation solutions to carrier quoting and load optimization, MGN Logistics offers their clients a tremendous advantage over their competition.

A Comprehensive Basket of Services

MGN Logistics was crafted with the vision of delivering complete end-to-end support to clients for supply chain management issues. Combining its expertise in the field of logistics with next generation technology, the company offers a comprehensive, yet variegated list of services to its expansive clientele. Freight services provided by the firm include Supply Chain Management, Invoicing and Auditing, Carrier Management and Tariff Negotiations, Claim Management, Tracking and Tracing, and Dispatching and Scheduling, just to name a few. Under its Parcel Services, among other aspects, MGN Logistics takes care of Parcel invoice auditing, Carrier Mix Optimization, Comprehensive Management Reporting, and Service Level Optimization. On the analytical front, they provide Surcharge Analysis, UPS, FedEx, SurePost and SmartPost analysis to help its clients make insightful decisions.

Crafting a Lasting Relationship with Clients

Remaining true to its ideals of innovation, the MGN Logistics team works relentlessly to exceed the expectations of its clients. Banking on inducting new tech-driven solutions into its list of service offerings, the company has managed to reinvent and enhance its basket of services. This perpetual process of product and service development has been appreciated by its clients, making the firm the foremost freight management partner in the country. Investing in trust and transparency, MGN Logistics takes the clients’ feedback into account when formulating and upgrading its software. This helps the company gain valuable insights into the needs and requirements of its clients as well as improve the user experience ratings of its TMS.

Fuelling Growth

While MGN Logistics has been soaring to new highs of success with its innovative and market disrupting strategies, the company plans to further expand its sphere of influence. By adopting a well-balanced acquisition plus innovation-led approach to its expansion, the company has ensured that its growth strategy remains forward looking. This has ensured that the existing clientele of the firm remains content, while it also gets to add on augment this client base and acquire new technological advantages in the market.

The post MGN Logistics Inc. – The Innovative Logistics Leader Transforming the Freight Industry appeared first on The Leaders Globe Media.



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MGN Logistics Inc. – The Innovative Logistics Leader Transforming the Freight Industry

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