Did you know that 67% of logistics companies use logistics management software? Managing logistics does become a hassle, especially when you have to look into it day in and day out. Right? This is where logistics management software comes into play.
Today, we’ll explore the 5 benefits of having good logistics management software. So read till the end to find out. First, let’s understand what logistics management software does.
What is a Logistics Management Software?
Logistics management software helps businesses handle the process of transportation of goods from one place to another. It is important to streamline transportation operations and keep a close eye on the movement of goods from one point to the other. The functions of a logistics management software are:
- Transport planning and execution: This involves identifying the most cost-effective routes, increasing the capacity of trucks to carry more load, and selecting the best carriers, based on rates, performance, and reliability.
- Warehouse management: This is the process of tracking inventory levels, fulfilling orders, and checking the existing warehouse layout to identify room for further improvement.
- Fleet Management: The fleet management process involves vehicle tracking and maintenance to ensure the best performance. Driver management ensures that drivers stick to a tight schedule which boosts productivity and efficiency.
- Supply Chain Visibility: This involves the tracking of shipments and deliveries to promote transparency throughout the supply chain. It also provides analytics for real-time data about the supply chain.
In a crux, logistics management software is a complete solution for your business’s logistics-related needs. Now, let’s look at the five benefits of having logistics management software for your business.