Logistics Software Solutions Can Benefit Your Company in Three Basic Ways

When companies present their transportation logistics solutions, they have tendency to either engage in corporate speak and not really say much about their solutions or speak with such expertise that they fail to give you a basic understanding of how logistics solutions can benefit your company in a daily way. For small to midsized companies, transportation logistics typically arrives in one of two forms: by a company outsourcing its logistics to a third party logistics (3PL) provider or by implementing logistics software solutions that are available as an online software application.

Given that logistics software offers an easy to use interface can be customized to a company’s particular shipping needs and costs far less than outsourcing to 3PL providers, it’s usually the logistics option of preference for small to midsized companies that don’t have the luxury of a shipping fleet or a large shipping budget. If you’ve heard of logistics software but are looking for a basic understanding of how it can aid your shipping process, we offer the following overview of how logistics-software solutions help companies in terms of freight optimization, shipping route optimization and shipping method integration.

Freight Optimization

For small to midsized companies that regularly ship less than a full freight load of products, freight optimization typically subsists on finding the best less than truckload (LTL) shipping options. LTL shipping is when a shipping carrier lets companies ship partial loads that combine to compose a full truckload. The cost value of LTL shipping comes from shippers splitting the cost of a full freight load. Although less than truck load shipping offers low shipping rates, due to numerous stops for delivery and pick up, it often takes goods longer to reach their destination than in other shipping arrangements. Nevertheless, logistics-software solutions can be used to find less than truckload carrier routes that offer the best delivery time. Because warehouse stops are a common feature of freight shipping, logistics software also offers warehouse optimization capabilities.

Shipping Route Optimization

If you use a 3PL provider, you probably won’t have any idea what shipping routes your carriers are using. But shipping routes are a major factor in determining overall shipping cost. Logistics-software can analyze shipping routes according to multiple criteria, including: length of route, traffic patterns, road quality and construction patterns. One example of how route optimization can decrease shipping cost and improve delivery time is by analyzing routes in terms of travel time. For example, a route that is shortest in distance may be longer than another route in terms of travel time due to traffic patterns.

Shipping Method Integration

Shipping method integration is an unofficial term that refers to the ability of logistics software to suggest integrated shipping methods for the sake of reducing shipping cost and improving delivery time. For example, even though air shipping is traditionally more expensive than ground shipping, logistics software might suggest shipping certain shipments by air due to expensive, unavoidable warehouse fees that would result from ground shipping. In addition, logistics software may make such suggestions as shipping products halfway to their destination by boat and the other half by freight truck.

Advantages of Shipping Software Solutions

Over the past few years, automation of business processes has been accepted by almost every industry, be it, telecommunication, aviation, banking and many more. Shipping industry also accepted it as automation simplifies many crucial shipping operations that requires expertise and is consumes a lot of time. Choosing shipping software that integrates with your work flow and for a long-term business growth and sustainability is a crucial task.

Below I have listed out few points to elaborate the advantages of shipping software.

1. Comprehensive

Shipping software is more comprehensive as removes the change of human error and is an innovative approach to shipping process.

2. Affordable

Traditionally most of the large-scale shipping companies still rely on 3rd party logistics or hiring a logistics expert to manage their logistics operation. Hiring a logistics expert or a 3rd party logistics requires huge and recurring investment. But shipping software can be implemented by any small or big business owners as it is cost effective, simple to use and gives appropriate results.

3. Full control of shipping arrangements

Most of the shipping companies face the problem of lack of communication when their logistics operation is handled by 3rd party logistics company. A logistics or shipping software effectively place the power of logistics function in the hands of shipping companies by providing an easy user-customer interface, making it an ideal transportation management program.

4. Excellent delivery time

Logistics software benefits the companies by improving their shipping time and reducing the cost of shipping process including warehouse management. It examines the optimal integrated transportation solution that suits the transportation of goods.

5. Record Maintenance

A logistics or shipping software maintains a database to store the records required for keeping a track of the various processes associated with the supply chain. The software can manage, distribute, keep a check on warehousing, maintain inventory, transportation details and expenses and also presents a customer-friendly service option.

6. Easy to Operate

Shipping software comes with an easy to understand user interface that reduces learning curve, so even if you don’t have a logistics background you can easily operate it. The software easily gets integrated with a company’s already existing transportation procedure which is another advantage of it.

Now that I have listed out all the advantages of shipping software, you can easily make out the effectiveness and usage of it over hiring a 3rd party logistics company. Business needs to be handled smartly to reach on the top. Today technology is ruling every industry and the one who stays updated with the latest technology is the master in his area of business.

ERP Software Solutions: Everything You Need To Know About It

ERP is an acronym of enterprise resource planning solutions, and in India it has let the best impact on the different areas of business. Online business has the different parameters of profits and growing business. ERP is a great option in building an effective human resource along with the strategic alignment and finance management. Besides this it also takes care of the incoming and outgoing data, and hence, it is very easy to manage your business with this solution and avoid any implementation of integrated system.

What makes the Enterprise resource planning solutions out of the box is that you can create accounts on the production plans, by enumerating the basic factors like material availability, stock requirement, and order positions. Further it helps in assisting all the management plans and giving way to the urgent requirements and ad-hoc needs, which is an important section in any firm. Moreover, ERP solutions has given a new direction to working methodology of stake holders, whether they are at the root level, top management, supervisors, or senior managers. Thus, with this solution people have reported that a great improvements in many areas, such as productivity, efficiency, production, finance, accounts and other areas.

You can ERP solutions in all kinds of firms, be it a small scale industry or a large scale industry. It is a complete solution that covers up all everything, right from the customization to everything you need to run a company. If you happen to find any dissatisfaction to the services of the company, then you can also have access to report dissatisfaction complaints. You can also find details such as tax, excise, sales, purchase, and inventory etc. When it comes to the security it is one of the best services ever found. Thus, you can choose ERP solutions if you want to have wonderful benefits and immense productivity.

Features

•One of the great features of ERP software solutions is that it manages the list of both vendors and customers.
•It provides the precise financial administration
•It directs to human resource management. It stands exclusive in managing with human resource, like employees, legal reporting and a few other sections.
•Demand and supply is monitored well and you get to frame the entire design and fulfillment of the customers.
•Strengthens the customer relationship management- as customers are the most important segment of any business, so ERP solutions establish a strong customer database.
•ERP solutions skillfully handle data management and give you the permission of accessing the website whenever you require.

Software Modules

– Finance Modules: Finance modules help you to monitor all the financial activities in your firm. It records all the transactions made.

– Inventory management Module: It manages the gestures of inventory department for example delivery of goods, rejection and acceptance, and classifying materials.

– Manufacturing Module: records all details of manufacturing affairs

– Marketing Module: comprehends the marketing tasks.

– Sales and purchase Module: It handles it sales and purchase tasks such as order shipping, sales returns, production planning and inventory control.