How Transportation Management Software Promotes Intelligent Execution

There is a subset of supply chain management called “transportation management system” that refers specifically to transportation operations and is a component within an enterprise resource planning system. This area has evolved quite a bit in recent years thanks to technological advancements, and now transportation management software has made it possible for companies to add context to a shipper’s transportation data. This software oversees four key processes of transportation management: planning and decision making, transportation execution, transportation follow-up, and measurement. Modern transportation management software has the ability to use context to determine whether:

  • an incorrect invoice charge was caused by a carrier re-weighing their freight or by re-classifying their freight
  • a shipment arrived late due to inclement weather or due to the consignee not being available to sign for the delivery

These are just two examples of the types of judgments that logistics shipping companies can make with the help of transportation management software. Here are a few more ways that this technology can be used today:

Exception Management Process

This software can be configured to periodically alert an individual when lanes, carriers, or facilities do not meet specified targets. This is especially helpful because it allows managers to instantly know when the amount of business their company is doing has changed. Before transportation management software, management would have had to wait up to a year before being made aware that targets were not being met. The sooner that management is aware of a problem, the sooner it can begin to look for a solution.

Freight Execution

Today, a single transportation management software product can be used for shipments in all modes, whereas before additional applications had to be added for special cases like small parcels. Additional documents, which are needed for shipments like pallet labels or hazardous materials documentation, can now be printed on-site. In the past, this documentation needed to be printed ahead of time.

Improved Communication

Logistics shipping companiescan provide vendors with a tool that allows them to pre-load shipping business’ rules, carriers, and purchase orders. Using this pre-loaded information, vendors can send shipments to the shipper’s carriers without having to wait for the carrier to provide this information.

Dashboards

All of the aforementioned data can be pulled into a centralized location, or dashboard, that shippers can use to monitor the company’s freight activity in real-time. The result is an effective measurement of the Freight Payment and Pre-Audit so that it matches the data that is continuously coming in. Put more simply, the ability to monitor this data in real-time means that shipper is finally able to determine what is happening in their supply chain. Only by staying up-to-date on trends and data will a shipper be able to make the most intelligent decisions.

When logistics shipping companies decide that they are ready to acquire transportation management software, they have three ways to do so. They can use a traditional purchased license (on-premise licensing,) a remote or cloud-based solution (hosted licensing,) or a blend of these two options (on-premise hosted licensing.) Shippers looking to determine which option is best for their organization should reach out to a transportation management software provider about their preferred opinion.

Vendor Compliance and Truckload Shipping: How Logistics Software Can Help

Is the cost of meeting the vendor compliance standards of large retailers and corporations worth the resulting sales? Perhaps not in the short-term, but in the long-term, complying with complex vendor standards is one of the few ways to turn mediocre product sales into phenomenal sales. Even so, small to midsized manufacturers that aim to meet the standards of large corporations and retailers cam immediately find what seem like insurmountable obstacles in their path, especially concerning standards that regard the shipping process, such as the requirement that companies ship full truckloads-as opposed to less than full truckloads-to a business’s receiving docks.

Vendor Compliance and Truckload Shipping: Can Shipping Logistics Help?

The problem with full truckload shipping-also known as TL shipping-for small to midsized vendors isn’t that they can’t ship less than a full truckload of their products in a full semi trailer; it’s that doing so is cost prohibitive. As a result, small to midsized companies typically turn to less than truckload shipping-also known LTL shipping-in which two or more shippers of partial loads combine their shipments to form a full truckload and split the cost. The general advantage of LTL shipping is its cost effectiveness, while its general disadvantage is its slower delivery time, resulting from numerous pick ups and drop offs.

But LTL can have a more specific drawback concerning vendor compliance and truckload shipping: it could throw a wrench in a business’s well-oiled receiving system, where a full truckload of products comes from a single source and is therefore brings less risk of error during the receiving process. Traditionally, only companies that produce enough goods to fill a full truckload on a regular basis use TL shipping. But today, transportation logistics allows shippers the option of shipping full loads on a schedule more suited to their production output, allowing participation with large buyers of goods.

Method of shipping is one of numerous concerns within a complex set of vendor compliance standards. But it remains one of the toughest standards to meet if you don’t have shipping logistics on your side, a service that companies can secure in one of three ways: by implementing their own logistic department; by contracting with third party logistics (3PL) providers; and by implementing logistics software, which allows you to become your own logistics provider without possessing logistical expertise. Out of the three options, the latter is the least expensive, while still supplying the broad, in-depth approach to logistics a company would receive if it had its own logistic department. To find out more about how logistics software can help your company meet the compliance standards of large corporations and retailers, contact an online provider of logistics software today.

Warehousing Software: Use This Logistics Software To Upgrade The Way You Run Your Warehouse

Currently you might not be aware of why you need warehousing software. Right now your business might not be using various warehousing management systems and if this is the case you are really hurting your business. Maybe you have not been in business for that long and you have your own way of doing things.

You cannot rely on the old way of doing things just because you have a system in place that has worked out for you up until now.

The reality is you are going to need a sound warehousing management system in order to truly get the most out of your warehousing operations. Now you might be a bit worried about using warehousing software to implement such a system.

You do not need to be. A basic run down of what a warehouse management system is would be that it is advanced technology and different processes that optimize all warehousing functions.

You could not hope to be successful if you were not able to do this, and this is exactly what the software would enable you to do.

What are the functions warehousing software can help you better operate? Some of the functions you have in your warehouse that could be better managed would include dealing with receipts that come from different suppliers.

Other functions would include the process of making sure products are shipped to customers in a timely fashion the way they are supposed to be.

Warehouse operations also include any and all inventory movement and information that is going to flow in between. You do not have to be a large business owner in order to use this software, but it does tend to be used in bigger far more complicated distribution functions. It can still be an asset to the small business owner.

What warehousing software is designed to ultimately do for a business because when you decide to use this logistics software you are aiming to merge together different computer hardware, different software, and other peripheral equipment.

You want to combine these things with operating practices you are going to improve upon such as managing inventory, space, labor, and capital equipment inside of warehouses as well as distribution centers.

What implementation of this inventory software is going to do for your financially and otherwise because in the world of business you have to make sure you have every advantage you are able to get right?

If you are doing things in a way that put you at a disadvantage then it is going to be a matter of time before you are struggling to survive. Right now you might have a competitive advantage, but the competition is always working overtime to beat you out, so you must stay on top of things.

Implementation of warehousing software is going to allow you to increase the competitive edge you might already have or allow you to create one. One of the ways this happens is by reducing costs thus-fore increasing profits. Right now you have costs associated with labor, customer serve, inventory management, etc. All of these costs are going to be reduced.

Manage inventories in a warehouse in real time because with warehousing software you are not going to be using outdated methods that do not deal with what is going on in your warehouse now.

Using this inventory management software for your business will enable you to see what is going on and manage things in real time. The information you would be looking at is going to be as up to date as possible. You can get information as recent as the last order, shipment, receipt, or any type of movement in between.