List of Key Features and Functions of Logistics Management Software

List of Key Features and Management Software. If you are a logistics company then to start your search for high-quality logistics management tools can be a little difficult, as there is a wide range of options available in front of you. While from the business point of view, it is good to have scope and choice, but finding the feasible solution can be tricky. Mainly, there are three types of logistics management solutions: Enterprise Resource Planning, Integrated SCM suites, and Warehouse Management System. Often it gets hard for the third-party logistics companies to select the right trucking business software based on their needs. Below discussed some factors that may help you select suitable logistics management solution for your business. Managing Third-party Logistics With Software. Though it’s a big decision to go for outsourcing e-commerce warehousing, but if done it right, it can be the right choice. It’s worth to consider selecting 3PL logistics software tools, as they can transform a supply chain. As per the recent survey, the 3PL logistics software have the potential to reduce cost significantly. Supply chains entirely depend on real-time control and efficiency. To have a software that can pay rent, conduct performance evaluations, monitor machinery, log incoming deliveries, and send out invoices can help you make your operational routines faster. There would be no need to prepare for key tasks manually. Key Features and Functions. Before deciding the best solution for your business, you should know what are their functionalities. Below given some of the features and functions that you can use to improve your supply chain management and boost your business bottom line. Value-Added Services. If you provide value-added services to your customers, you should go for a system that will help you record and cost the processes. For that, standalone logistics management would be a valuable choice. You would find the same capabilities in the high-level SCM solution, as well. For specialist labeling, it is necessary to invest in the comprehensive ERP suite. Multi-Client Architecture. If you handle multiple customers, you need a logistics management software that can accommodate inventory as well as purchase order processes for several clients. If you are looking for a cloud-based tool, there are certain things that you need to consider. Before purchasing the solution, ensure that the system has the chain management architecture along with multi-client deployment model. Costing and Invoicing Control. It is necessary to have accurate inventory tracking in your software, whether you go with integrated SCM tools or standalone logistics management. The solution should have the capability to formulate, process, and apply the service contract policies easily and quickly. It makes sure that the customers are invoiced on time. To provide maximum value, your solution must have a clear window on putaway, receiving, storage, and shipping tasks. Parcel Carriers. It is common for the third-party logistics companies to work with mainstream parcel carriers. Services such as FedEx are necessary for the warehouse routines to make interactions go smoother and increase business productivity. There are many SCM systems that offer the chance to send as well as receive shipping data automatically. This doesn’t only reduce operational errors but also ensures on-time delivery. Client Web Portals. Client web portals are considered as valuable resources for logistics companies, as they provide full inventory control to these companies, when off-site. With the right logistics management software, processes such as product histories, shipment records, and inventory figures are all accessible remotely. Vendor-Managed Inventory. If your business offers vendor-managed inventory management, you should consider investing in the software that receives, records, and processes the replenishment requests automatically. It speeds up the delivery progress by a significant amount so that the clients are not required to go through the traditional, standardized order system every time they need to repeat shipment. You can have these features in the SCM management solution. At Last, There were many aspects to consider while choosing right truck dispatch software for your business. And if you are still not sure, here are a few recommendations for you. While the comprehensive SCM solution is useful, but it’s not entirely necessary if you are not going to optimize your supply chain operations apart from basic warehousing. On the other hand, you can go for the standalone logistics system that can handle third-party logistics, multiple client architectures, costing and invoicing, and automated shipping data.