With the increasing number of transportation companies now switching to Logistics management software, the number of these types of software is also increasing. However, not all the logistics software are created equally. If you are looking for an efficient logistics software, make sure that it has the features that are mentioned in this post.
Transportation companies are now realizing the benefits associated with logistics software and are now switching to the automated software. These types of software automate the entire logistics process to ensure enhanced accuracy and minimize the manual work which often leads to errors which can sometimes be worth hundreds and thousands of dollars.
But with the increasing demand for this software, a large number of companies have now introduced their versions of logistics software. But just like any other software product, not every Logistics management software is created equally. A company should thoroughly research the market and carefully go through the features of the software to make sure that they only choose the best. If the available choices are too confusing, go with the one that has the following seven features.
Complete TMS
The software you select should be a complete TMS (Transport Management System) that should take care of every important aspect of air, ocean as well as ground transportation. It is should easily integrate with the current system and should provide enhanced control over the entire logistics operation. User-friendliness and ease of maintenance are two other important considerations.
Rate Management
The software should provide you with enhanced capabilities to manage the rate of entire logistic operations. It should be able to automatically manage the contract rates, keep track of the surcharges, offer validity and expiry of the rates and break down the commodities in an easy to understand manner. Moreover, with EDI integration with the operating system of the clients, should also allow you to create rate quotes instantly.
Accounting
Apart from rate management, the software should also effectively control the funds. Right from generating the invoices, accounts payable, and accounts receivable, vendor bills, to managing the profit and loss statement, the software should be able to keep track of all the important aspects of accounting.
Mobile Application
The world is going mobile, and your Logistics management software should also be available in the form of a mobile application that is compatible with Android and iOS platforms. This will allow you to manage and keep track of the logistics operations on-the-go.
FMC and Tariff Publishing
The software should be able to maintain the public tariffs which should comply with FMC (Federal Maritime Commission) regulations. It should allow you to file rates with FMC, file NRA, global login for monitoring the filed rates, check a status report on the filing, etc. to further streamline the logistics management process.
Cloud-Based Platform
The software should be a cloud-based platform to allow you to work from anywhere with any device. Cloud-based platform offer enhanced flexibility, disaster recovery, security and allows people to collaborate with each other easily.
Cargo Tracking and Tracing
The software should have enhanced capabilities to track and trace the cargo in real time. The tracking and tracing feature is not only beneficial for the companies but also helps the customers to know exactly when their shipment will arrive.
If you find a logistics management software with the features mentioned above, there is a major possibility that it might be an excellent choice for you.