TL Shipping Software – What Can It Offer Growing Businesses?

If you own a small manufacturing business, there may come a time when you need to ship full semi trailer loads of goods-a process known as truckload (TL) shipping. Compared to less than truckload (LTL) shipping, where two or more companies that have partial loads combine them into a full load and share the price, TL shipping has two advantages: because products are shipped directly to their destination, delivery improves and the absence of warehouse stops reduces shipping cost. But to realize the TL shipping arrangement that best meets your needs, you’ll need to incorporate TL transportation logistics into your shipping process.

When companies need new shipping solutions, they typically secure logistics expertise in one of the following ways: hiring an in house logistics expert; outsourcing logistics needs to a third party logistics (3PL) provider; or implementing TL-shipping software, a specific type of logistics software that allows companies to arrive at TL-shipping solutions. Upon evaluating these options, you’ll discover that each of them has its advantages. But when it comes to improving delivery time while reducing shipping cost as much as possible, TL-shipping software is the superior choice. To understand why, its helps to understand the basic drawbacks of hiring in house experts or outsourcing to 3PL providers.

Having your own logistic expert isn’t a bad decision. In fact, it’s far preferable to outsourcing your shipping process to a 3PL provider that you rarely contact. Yet, hiring even one experienced logistics expert could set you back $90,000 a year-an unnecessary cost considering that TL-shipping software ensures that every potential TL shipping solution is analyzed prior to the recommendation of a best solution. Although having its own shipping fleet and logistics department may be your company’s final destination, there’s no need to pay for in house logistics before you need to when logistics software can do the same work at a fraction of the cost.

Unlike hiring a logistics expert, outsourcing to 3PL providers can cost you less than $80,000, but only if you hire a provider that offers individual shipping solutions and not a comprehensive, innovative approach to the shipping process. The types of 3PL providers that offer individual shipping solutions are two: standard 3PL providers, which offer basic shipping solutions; and service developers, which offer more specialized shipping solutions. Depending on your company’s needs, hiring a specialized 3PL provider could make sense. But if you want your shipping process, TL shipping included, to fall within the same logistics function, simplifying your shipping process with logistics software is the best option.

Retail Market: Thrust in Software Solutions

Here is a list of various retail management software used in different departments of retail industry to enhance the performance and profitability of stores.

  • ERP Software-as-a-Service (SaaS)
  • Point Of Sale (POS) Solutions
  • Inventory Management & Control
  • Supply Chain Management
  • Reports On Performance
  • Customer Solutions
  • Accounting & Financial Management
  • Mobility Solutions
  • Social Networking
  • Business Analytics
  • Affiliate Marketing

Cloud solutions & Software-as-a-Service (SaaS)

E-tail and retail companies gets cloud support by leveraging the powerful ERP solutions. Retail operations can be managed online using a centralized database without making investments in infrastructure like server, firewall, licensing, anti-virus, etc. This software is easier to install and provides a number of benefits which include offline storage support (without an internet connection), push notifications, and supports multiple mobile platforms like iOS, Android, etc.

Point of Sale (POS)

POS software solution helps retailers to face some of the difficult challenges of retail market. A right POS software provides better shopping experience, improves productivity and drives sales of customers. Point of sale includes payments, cash management, security control, and employee management.

Inventory Management & Control

Retail business is supported by a robust inventory management and control software offering multiple channel and multiple location support. This software is flexible and can manage orders, billing, pricing, shipping and sales. You also get SMS alerts if a specific order level for each item is reached and also helps you to track the goods in various warehouses or locations.

Supply Chain Management

Supply chain solutions involves shipping products and services much faster, with better quality. The various components of supply chain management solutions are warehouse management, inventory management & control, wireless tracking, and point of sale solutions. Retailers can manage orders and stocks efficiently and can also make the supply channel very effectively.

Reports

Retailers can generate reports and analyze performance of stores, departments, customers, employees, stock, sales and products using the Reports software, which also helps retailers to maximize their efficiency and profits.

CRM Solutions

Customer Relationship Management (CRM) software allows retailers to capitalize on customers’ database and their history of transactions across sales channels and meet the challenges in retail market. CRM strategies provides a 360 degree view of customers and makes retail marketing solutions easy. It paves way for long-lasting and enduring customer relationships and is surely a loyalty addition for retailers and support them through some aggressive marketing campaigns and promotions at point of sale.

Accounting & Financial Management

All the accounting and financial needs of stores can be successfully managed, controlled and made easier with Accounting & Financial Management software. This includes bank accounts, inventory, vendor, billing; employees and payroll management which help retail companies to make some quick decision-making.

Web Store

Retailers can integrate eCommerce features to host their existing site adding online shopping, payment gateways, multiple language and currency options which are cost-effective and provides intuitive shopping experience to customers.

Mobility solutions

Retailers can harness the power of mobile technology on POS solutions to service customers anywhere, anytime – on the go. Mobile POS makes customer interactions engaging and they can get up to date product and store information by integrating GPS in smartphones and tablets. This helps retailers to provide high quality customer service, improve efficiency and increase profitability.

Analytics

With Analytics, business data can be transformed into meaningful information and enables retailers to take informed decisions and also gain a competitive edge over their rivals. Analytics software doesn’t need higher investments from retailers. It helps retailers to customize Analytics features thereby increase their sales volume, which will in turn increase their profitability and provide better ROI.

Affiliate Marketing

Retailers can create email marketing campaigns, search-engine optimization and affiliate marketing strategies which will increase revenues, reduce costs and improve ROI in real time basis. Discounts, deals, promotions, coupons, volume pricing and customer-specific discounts will drive sales exponentially and promote customer loyalty.

Why Invest in Warehouse Software Solution

With today’s generation, the idea of a warehouse is no longer synonymous to pen and paper–thanks to modern technology. Keeping an inventory and tracking warehouse storage can now be accomplished right under your fingertips with the help of sophisticated warehouse software solutions. Convenient, efficient, and user-friendly, these software solutions get things done in a snap. You need not rely on your memory just to keep an inventory as the computer does it all for you. While this industry is creating a name for itself, many companies still do not realize the benefits of investing in warehouse software solutions. If you are one of those, then it is high-time to come out of your cave and discover the amazing benefits of getting a reliable warehouse software solution.

Less Cost, Increased Profit

Imagine the workaround of a manual order delivery which requires heaps of paperwork and point-persons. Then, compare it to the timeframe of doing the same delivery using a computerized system. Case studies show that a company can save more time and money when everything is placed in a computer. This includes placing the order, tracking it down, and making sure that it gets delivered without any delay. Warehouse software solutions act as the melting pot of the business’ logistics. It connects all the necessary departments which are crucial in the production down to the implementation. This minimizes production cost and the potential of occurrence of errors during the implementation. Warehouse software solutions often cut down delivery period to 2-3 days which prove to be beneficial on both the customer and the manufacturer. You may also be less dependent to warehouse personnel once you start using a computerized storage system. This allows you to allocate your budget on other things that are more important than spending it on your personnel’s salaries.

Accurate Inventory

Highlighting a sophisticated technology, warehouse software solutions provide more accurate results than manual inventories. Using an integrated system, the software can track machines, locate deliveries, and calculate essential figures. For example, bar scanning helps in reducing technical errors by one in every 3 million probes. It is also much better to rely on a computer especially when numbers are involved. Computers can pick up shipping and accuracy rates, order completion rate, and other crucial factors in production. Using automation, you can guarantee that inaccuracy (which often happens due to human error) will be lessened by a huge magnitude.

Quick, Fast, and Convenience

Without a doubt, using warehouse software can save your company blood and sweat-figuratively. Keeping everything in hard copies often means consuming too much space and energy. But with an integrated software solution, you can access all the important information required in shipping and production anytime you want. Once everything is set, your company can process orders within seconds and have everything delivered even on the same day.

Getting a warehouse software may require you to shell out some cash in the beginning, but instead of seeing this as an ordinary purchase, treat this as an investment bound to give you long-term benefits.