Logistics has become one of the most highly competitive sectors across the globe that encompasses a number of complex and difficult operations including transportation warehousing, supply chain management, storage freight management, and various functions.
However, in this post, we will learn the most important transportation aspects of the logistics industry and why the incorporation of ERP software in this industry streamlines different business operations such as truck maintenance, staff management, lead management, along with management and accounting systems. For instance, having ERP software in the logistic industry in concern today’s transportation function will include offering a real-time beta of manpower documentation, indirect cost impact on profitability as well as truck maintenance.
Here are the most 5 best ways in which efficient ERP software will help revolutionize the logistic business.
1) Customer Requirement
If your logistic business has Billing Software then it will help you develop a streamlined and systematic customer database as well as their orders. However, it will also allow generating an indent for the requirements with necessary information about the item’s destination source location as well as the expected delivery date for the concerned transport service.
2) Trip management and integrated paperwork
ERP software will help you to schedule the trip while also assisting you in making payments to their drivers and offering fuel against the trip. With the software, you can also tractor trucks if they are in maintenance or on a trip or even when they are idle.
It can also help you keep track of the basic and actual utilization levels of all trucks.
Speaking about the integrated paperwork then the logistic companies are required to issue some documents as freight challan law receipt as well as some other kind of assets that are related to the delivery and good procurement.
However in this case, if your logistic is ERP software then it will help develop a very common platform to generate these documents. However, it will also allow the whole team in your workplace to stay on the same platform when it comes to delivery of goods, time cost, and more.
3) Allocation of trucks
It is the most important factor since it allows the logistics business to schedule the truck allocation that is based on the expected delivery timings in the client database.
You can also track the overall information there about software trucks that are available and can locate the driver and can also support the staff for the optimized usage of resources which is the most important aspect of the transport industry.
ERP has got the right functionality that can help you hire a truck from the market available so that the customer indent can be performed well.
4) Documents management
Did you know that having an expired state permit or insurance can put your project or order at risk? It is this reason why having ERP software at your registered business is a must since it can record every document including truck insurance, driving licenses, state permits as well as other registration that are required to carry the business.
However, it can also help you remind some related personnel in your business in order to take every essential step to renew the documents within time.
5) Proper management and maintenance
ERP software will assist in maintaining and scheduling records of every activity that is related to the maintenance of the trucks. This also includes oil changes, repairing, maintenance of the spare parts inventory filter change, and much more when it comes to emergency cases and streamlining the truck expenses.
Plethora Of Benefits
ERP software in the logistics domain offers a number of benefits to business owners. The first most important benefit it offers is vendor management in which the earpiece software helps in streamlining and maintaining a thorough supply chain process and also assists in order to the industry standards by offering a number of models as well as procedures for every logistic process.
Cost is also one of the major benefits that ERP software can offer to every sector. Like other industries, ERP software can make every task simple by reducing redundancies and saving a lot of time.
When the ERP software was not introduced in the market the systems usually had a number of failures when it came to truck damages, delivery delays, or no tracking of the drivers as well as their documents. This had proved a huge loss for the logistic business and on the other hand all of these drawbacks completely when used by the ERP software.
Billing and accounting is another sector where the incorporation of ERP software has shown the greatest outputs.
By integrating the accounting systems with the delivery software you can easily produce a number of insights into the expenses. This way you can easily get clear visibility of profit management.
So, these are the ways that can help revolutionize your logistics business with ERP software.
Ashwini Deshpande is a versatile writer and is fond of developing varied types of content. She puts her expertise into creating content every time and for more than 3 years she has been closely writing for avant-garde technologies such as ERP, CRM, AI, Digital Marketing, and more. Ashwini works for Sage Solutions Pvt. Ltd. which is the market leader in offering world-class ERP software in India for all small to medium-sized businesses.