The rise in the use of Enterprise Resource Planning (ERP) software tools across all types of organizations from a variety of industries isn’t surprising.
The business benefits of using ERP tools are unquestionable. What’s even more interesting are the time periods when most leading businesses implement (or upgrade) ERP systems into their organization –
- ERP implementation is the best when organizations are growing or planning to grow exponentially.
- When organizations face issues with their day-to-day operations, enterprise software tools help them manage their processes more efficiently.
- When organizations have old legacy systems that aren’t upgradable, implementing ERP solutions is the best long-term move.
- Organizations with well-defined commercial roadmaps also benefit a lot from integrating new enterprise solutions.
All four of these factors currently apply to companies involved in the logistics industry. Since the onset of the COVID19 pandemic, the global logistics industry has found itself struggling against constant disruptions like restrictions on the free movement of products. The global pandemic is testing the resiliency of every supply chain in the world.
Industry leaders in the logistics market are turning to digitization. They’re incorporating advanced technologies to make their companies and the sector, in general, more advanced and more connected. This is where the best transport software tools can help.
These ERP tools are designed to mitigate the countless risks logistics companies face when their supply chains are overburdened. The ultimate objectives behind using these tools are obviously providing increased customer satisfaction and cost optimization. But, these tools can be sources of heightened efficiency in various aspects of the logistics market.
What are Transport Software Tools and How Can They Help Logistics Companies?
Transport software tools combine various features that facilitate the live flow of data within logistics companies, allowing fleet operators to manage their business functions very smoothly. Product distribution, staff location, vehicle maintenance requirements, route optimization – these are some types of valuable data that are made available at every stage of the supply chain by high-quality transport software tools. A logistics-focused transport software tool can essentially help companies –
Optimize Their Inventory Control
With high-quality transport software tools, logistics companies get to oversee their inventories on customized dashboards. On these dashboards, business operators can view orders, sales, deliveries, and disruptions in the supply chain on one unified interface. When business operators receive all these types of valuable data at the same time, they’re able to make better decisions on the spot.
Some companies even leverage this constant inflow of valuable data to forecast future order volumes and demands. A recent study also suggested that logistics-focused transport software tools can help vendors and distributors speed up their average order-to-shipment times by 23%. All of these features and perks help vendors and distributors gain total control over their inventories.
- The real-time data analytics provided by logistics-focused transport software tools makes vendors and distributors savvier supply chain managers.
- Companies can use logistics-focused transport software tools to recognize which products are out of stock and make timely adjustments so that their overall inventories don’t suffer.
- Logistics-focused transport software tools are also extremely easy to use. Fleet companies can easily integrate these software tools into their pre-existing systems and start using the programs with relative ease.
Helpful Tool for Staff Management
Logistics-focused transport software tools are amazing for managing employee hours, finding out details about staff performance, and oversee payrolls, contracts, etc. Freight operators and delivery personnel also benefit from the extra layer of security these tools provide to them. They can check the software’s dashboard anytime they want to find out their latest job requirements.
The best transport software tools are also mostly cloud-based. These cloud systems encrypt all company-related data to prevent outsiders from retrieving sensitive information. So, even when there are power failures, natural disasters, or other types of disruptive events, the staff members can easily access important data such as their payroll details, contract documents, attendance records, etc.
In 2014, the global transportation and logistics industry had an embarrassing employee retention rate of just 3%. Since then, transport software tools have made it easier for logistics companies to manage their workforces. Tasks like distributing contracts or scheduling day-to-day tasks have become much easier. Overall, these tools have benefited both logistics companies and their workforces.
Better Distribution of Products
Lastly, and most importantly, high-quality logistics-based transport software tools help freight operators improve all aspects of their distribution circles – from product fulfillment to transportation.
These software tools gather datasets from all points of the supply chain to ensure operators get to efficiently oversee and facilitate the physical handling and delivery of goods.
This acute understanding of supply chain events enables operators to guarantee faster distribution and delivery times to customers and clients. With high-quality logistics-based transport software tools, freight and logistics companies can save a lot of cash.
Due to the pandemic, every player in the logistics industry is looking to find new ways to reduce their operational and administrative costs. Transport software tools offer the perfect solution!