TOLL Group | Australia | Essay

TOLL Group
Australia

Toll Group is a company which deals in transportation and logistics and it is a part of Japan
Post Holdings and founded in 1888 by Albert Toll. They have their operations in air, road,
rail, warehousing, and sea. They had businesses in global express service, global logistics,
and global forwarding. Their tagline is our fight is your fight. It’s headquartered is in
Melbourne, Australia. The target group of the company is Automotive, relocation, food,
retail, and Beverage. Toll group has made a position in the Asian region by proving an
integrated logistics (TOLL group, 2019).
Major players in the logistics and Transportation Company are DHL, CEVA Logistics,
Interfreight logistics, Agility, Kagan Logistics, The supply chain, and logistics Association of
Australia. TNT is the top competitor of toll group.
Transport and logistics industry in Australia, the recent change in the industry is the
implementation of Artificial Intelligence and machine learning. MI and AI help in transport
and logistics company by uncovering patterns in the supply chain as the algorithm's data
which is used for considering the main factor as it influences the supply’s network success.
Track and trace system has been implemented which helps assets to track the services
between manufacturing facility and vendor premises (Pateman, et al., 2016). In Logistics
Company, the materials can be tracked and traced for identifying the patterns and predicting
consumer preferences and also helps in identifying the potential breakdown in the supply
chain. It also helps in making the companies more profitable. Blockchain technology is the
recent change which helps the companies to failsafe the contracts which are digital. It helps in
allowing the stakeholders like suppliers, customers, manufacturers in creating a transparent
and system for recording transactions, manage document and track assets in the process of
logistics (Rahman, 2008).
Toll group in Australia has a sustainable competitive advantage as the company has a
network in almost 55 countries in the world. Toll group has a strong financial position and
network in the world. They have a strong presence in New Zealand, Australia, and Asia. The
new strategy of toll group which is to create a business single and customer-focused for
providing a solution of logistics end to end, they operate in the market for the growth
trajectory and competitive advantage. They consider the employee's safety first and inspire
the employees to have a rewarding career (Mollenkopf and Dapiran, 2005).