BUILD VS. BUY – FREIGHT RATE MANAGEMENT SOLUTION

  When faced with the necessity to implement technology or software solutions to thrive in an increasingly complicated and dynamic industry, freight forwarding companies of all sizes are challenged to decide between two approaches:  buy or develop . The first option is to purchase software or technology from a third-party provider and customize it to the company’s needs. The second alternative entails developing this tool in-house, reflecting its personality, and responding precisely to its requirements. So, which is the better option: buying or developing? Both options are valid in principle; each company determines the most appropriate one. Top freight forwarding companies in India assesses herein this article which factors must be considered.   COST & MAINTENANCE   When we calculate the cost we take a holistic approach:- Cost = Monetary + Opportunity Cost You believe building your own proprietary software is easier and more customizable but is it really the actu