Supply Chain and Logistics Management

Supply chain management is the supervision of a set of connections of organized businesses drawn in the definitive condition of manufactured goods and service parcels required by ending clientele. Supply Management spans all progress and storage space of raw materials, work-in-process stock, and completed merchandise from point of origin to point of utilization. Supply chainmgnt software includes tools or modules used to carry out dealings, administer supplier associations and be in charge of linked commerce processes.

Six most important activities can be observed in the progression of supply chain management study: Creation, Integration, Globalization Specialization Phases One and Two, and SCM 2.0.Supply chain business course of action involves shared work involving buyers and suppliers, joint product development, common systems and shared information. Common SCM problems involve distribution strategy, distribution of network configuration, trade-offs in logistical activities, information, inventory management and cash-flow.

Successful SCM entails a alteration from managing individual functions to integrating actions into key supply chain processes. An example scenario: the purchasing department places orders as requirements are known. The marketing department, responding to customer requirements, converses with a number of distributors and retailers as it tries to establish ways to satisfy this requirement.

Logistics management activities usually consist of inbound and outbound transportation management, fleet management, warehousing, materials handling, order fulfillment, logistics network design, inventory management, supply/demand planning, and management of third party logistics services providers.

If the Supply chain management is global in nature many more challenges in addition to existing problems comes into picture as the lead time is much longer. Actions in supply chain management can as well be classified into various levels like strategic, tactical and operation.

Get the Most From Your Project Management Software

Due to the complexity of managing a company project, a growing number of businesses are turning to project managing software. There are a number of benefits associated with this move.

What Project Management Software Can Do For You

Simply put, project software can dramatically reduce the amount of time wasted on logistics. Where as all of the attention of the project team should be on the project at hand, some of that time will invariably be taken up by trying to create a place for the project to unfold. That is where online software for projects comes in. It creates the space for you and handles all of the logistics, allowing you to start on the project right away.

The First Step

Project management software can be a great asset to quickly finishing a project. With a little bit of effort setting up the services you need prior to the beginning of the project, you can have all the software your team will require available on day one. Where as setting this up would take days or weeks on your own, project management software can remove almost all of this hassle.

What Project Management Software Provides

1. Management

From a master calendar that keeps track of due dates and tracks progress to a dashboard designed to show what is coming up, what is due, and what is late, project tools will make management simple. Tasks can be easily tracked across numerous people, and records can be kept for what people have done. In effect, one of the most cumbersome aspects of any project can be made very simple.

2. Communication

The easier individuals are able to relate their ideas, troubles, assignments, and comments, the easier the team as a whole can finish a project. Effective communication software reduces the amount of time people spend waiting on each other. Instead, through use of note taking software, to conversation software that mimics e-mails, to a master list of contacts that show what each person is working on, communication can be drastically improved.

3. Storage

Where project management software excels is its ability to create a single space for everything having to do with your project. By putting everything in one place, people can access and change files easier. In addition, less time is wasted trying to find the appropriate files. Parts of the project in various stages of completion can be organized effectively, making taking stock of current progress easier.

Freight Logistics Software Vs Third Party Logistics: Which Is Better?

Today, two types of freight solutions appeal to shippers that rely on carriers: logistics software (a.k.a. TMS software) and third party logistics (3PL). Logistics software allows shippers to become their own logistics provider by using a software program, while 3PL providers negotiate arrangements between shippers and carriers. Frequently compared and contrasted, logistics software and 3PL each offer unique benefits. However, the former has the following important advantages:

Less Expensive

Standard 3PL providers and service developers, which offer particular services and not comprehensive solutions, are usually quite affordable. When you hire a provider that offers innovative management of the shipping process – namely, a customer developer – the cost can compare to hiring an in-house logistics department. Logistics software provides logistics through a software as a service (SaaS) platform. It can also be implemented as an in house solution. Instead of relying on a costly customer developer, you can save money and realize more control by using a software solution.

More Control

A top complaint of 3PL customers is they feel distanced from their shipping process and the entity that manages it. Different 3PL providers have different approaches, but few of them integrate the shipper in the shipping process in a formal capacity. For some shippers, having the shipping process fully managed by another entity is appealing. Due to its expense and vendor issues it involves, most shippers wish to be involved in the process. Freight logistics software does more than “involve” shippers in their own shipping process; it puts them in control of it.

Better Options

3PL providers make freight arrangements by listing an available load in an electronic posting system, where it can be matched with an available carrier, or by negotiating with carriers that don’t use a posting system. Because the former method is usually the easiest, many 3PL providers use it to arrange the largest percentage of shipments – a scenario that limits shippers to carriers who use a posting system. Logistics software removes this barrier and exposes you to more carrier options. In some instances, a shipper misses the best carrier option because the carrier who could provide it will not work with the shipper’s 3PL.

Greater Security

No shipping process is as secure as one that the shipper handles on its own. When outsourcing to a 3PL, shippers naturally lose the capacity to scrutinize the carriers with which their loads are placed. Although 3PL providers select carriers with the customer in mind, they also select them with themselves in mind – a dichotomy that can jeopardize the interests of shippers. Freight logistics software alleviates security concerns by putting you in control of the shipping process.

Conclusion

Logistics software is a viable replacement for 3PL, particularly for shippers who wish to control their own shipping process. Next to payroll, shipping is the second largest operating expense for most shippers. This means that rejuvenating a stale shipping process with better carrier options can have a significant impact on a company’s bottom line – an impact that logistics software allows you to achieve.