Logistics & Transportation Solutions Moving Into the 21st Century

Logistics solutions are steadily making improvements in their technology and abilities to enhance the businesses prospective for many companies. They are already certified with the small parcel carriers such as FedEx, UPS, Canpar, USPS, BAX and others. They are creating specialties in the area of less than truckload shipping by using integration. They are hiring professionals in the areas of software, computer engineering, electrical engineering, and former LTL carriers.

Companies are turning their attention to logistics software such as RateLinx LTL Analysis. This software provides businesses with a greater level of market visibility at a previously unrealized level of granularity. It is providing them with answers and giving them plans that are specific to the shipping characteristics of their company. It will help companies execute their plans for improvements and give them outstanding results in the area of LTL pricing.

The logistics software is reducing and eliminating the need to outsource. They are realizing market discounts on a continuous basis and the ability to be setup with LTL carriers that they personally choose and have developed a strong trustworthy relationship with. At the same time they are ending their reliance on the seemingly never ending software maintenance costs. They are, in essence, taking back the control and making decisions regarding their freight on their own.

With the new technologies that are becoming so popular, companies are realizing savings that they have been looking for some time now. Many of the companies are saving, at the minimum, ten percent in only the first year of using the new software.

When a company decides to move their business to the next level, there are four simple steps that are necessary to get them started. They need to have an analysis run on their business needs. Once the analysis is complete they will begin putting the pieces together. They will determine what tools are needed, which specific carriers are desired by the company, what integration needs are necessary to get the project moving, and what auditing and payment needs are necessary.

By taking business to the next level and taking advantage of the state of the art technologies that are available, businesses are making their freight management and pricing extremely simple. Because the plan for improvements is made specific to a particular company, the cost reduction of the LTL costs will be at ten percent before they know it. They have trusted advisors for all of their LTL, TL, small parcel, international, ocean, and hazardous needs.

The process of moving to this new system will be very smooth and integrated. They will ensure that overpaying for freight is something from the past and that the savings will continue as long as the new technologies are being used.

ERP Software System Integration for Fast and Quick Decision

ERP (Enterprise Resource Planning) software system is mainly implemented to integrate the major functional units of an enterprise with the latest advancements of information technology. Integration of business units helps in better flow of information and collaboration within and outside the organization, irrespective of its geographical location. ERP mainly targets in integrating three important components of a business procedure like Practices in Business Management, Information Technology and the business targets. This integration has helped the big and medium organizations to streamline their business processes, through the optimized use of assets, ultimately producing multi benefits. The beneficial features of ERP coupled with its successful implementation, have encouraged small and medium sized enterprises to switch over to this software system, to face new challenges in this competitive market. As a result, there has been marked improvement in productivity and profit margins.

ERP software system involves huge software architecture to streamline the distribution of data and information throughout the enterprise scattered in different geographical locations. This streamlined flow of information and communication is managed through the well developed central repository, which forms the core of the ERP software system. The central repository gathers all the important information from the organization and supplies the same to the different units as per requirement, which enhances the speed, performance and the competence of the organization.

Integration is the main aspect of ERP software system. Present day’s ERP architecture supports the various major functions like customer relationship management, human resource management, asset management, Finance, Supply chain management including the logistics and manufacturing warehouse management. ERP system has enabled the integration of the operations of the standalone units in a single platform in a coordinated and unified manner. This integration has enabled fast decision making irrespective of the geographical location and synchronizes the workflow that contributed a lot in the business growth. ERP architecture also provides the flexibility to accommodate customized software modules according to the organizational requirement, which can be updated regularly.

ERP implementation is a daunting task that requires very careful planning by a team of experts. This implementation involves huge expenses and is time consuming. So it is necessary to judge the requirements of the organizations first, and then plan for the ERP implementation accordingly. This planning involves five crucial stages like Structured Planning, assessment of the business process, compilation of data, educating the staff and testing and finally the usage of ERP and its evaluation. Any flaw in one of the stages can cause a failure in ERP implementation resulting in heavy financial loss for the organization.

Shipping Management Software Vs Freight Brokerage: Which Is Better?

Logistics Software Aids in Retail Vendor Compliancy

Vendor compliancy occurs when a vendor meets a set of requirements imposed on it by a buyer of its products. Vendor compliance focuses on making it easier for the buyer to receive goods, process them upon reception, and bring them to store shelves, where applicable. Unfortunately for manufacturers, the most complex compliance standards are usually handed down by companies that have the largest buying power, a fact that causes some companies to question whether the money necessary to implement the standards would be worth the profits that resulted from doing business with an entity. In the long run, adapting business standards to meet compliance standards is almost always beneficial, as nothing can replace the selling power of having large contracts with major companies and retailers. However, affording the infrastructure necessary to facilitate compliance can still be a problem in the short run.

Retail Vendor Compliancy and Logistics Software

When you look at a major buyer’s retail vendor compliancy scorecard, a rating system that ranks vendors according to their compliance to a number of requirements, it’s often difficult to ascertain how to begin meeting the requirements. However, upon closer inspection, many companies find that a majority of compliance issues, and certainly the most critical ones, are associated with the shipping process, such as product labeling, product packaging, and method of shipment, to name a few. Yet, here there emerges another roadblock for many vendors: how to gain more control over the shipping process through logistics. Most companies receive their shipping logistics from one of three sources: an in-house logistic department, a third party logistics (3PL) provider, or by implementing logistic software, which allows you to become your own logistics provider without possessing logistical expertise.

In-House Logistics

Meeting shipping needs in-house is the traditional preference of companies that can afford to hire their own logistic experts, who typically earn around $80,000 per year. This fact alone prevents many companies from going in-house with their shipping process, as well as the fact that most companies pursue in-house logistic arrangements upon purchasing their own fleet, once and for all ending their dependence on 3PL.

3PL

What you receive from 3PL depends entirely on what type of 3PL provider you contract with: standard 3PL providers, who offer basic shipping services and seldom practice shipping logistics as a core practice; service developers, who offer more specialized services but not a comprehensive approach to the shipping process; customer adapters, who manage an existing shipping process but don’t propose new solutions; and customer developers, who manage the shipping process and do propose new solutions. For vendor requirements, customer developers make the most sense. But you can receive the same level of focus through logistic software at a fraction of the cost.

Logistics Software

Also referred to as freight transportation software, logistic software is priced as a software as a service (SAAS) offering, making it less expensive than other logistic options. What this means for vendors is less money spent on meeting vendor requirements, and an annual reduction in shipping expense that can be delegated toward other compliance needs. After using freight transportation software for one year, most companies experience a 10 percent reduction in shipping expense that increases in years following.