Why do you need software for logistics business

Published on 3 Oct 2019 Why do you need software for logistics business

Technology continues to disrupt logistics and supply chain processes by changing it altogether from its core. Consequently, logistics became more refined and fast, which changed the way how materials, goods, freight, sales orders, inventory, and production are managed. 

As efficiency and speed became the determining factors, logistics adopted a new approach to deal with the rising demand and complexity of processes. A viable solution that manages the flow of things so that the right product reaches the customer within the specified time. 

With the use of logistics software, the entire base of logistical operations was streamlined that took away the hassles involved in the process. Organizations that invested in logistics management software have produced good end results with noticeable improvements in process, operations, and delivery.

An Overview of Logistics Software

In order to understand how the software works for logistics, it is important to know about logistics management. Logistics involve the flow of things from its point of origin to the point of consumption usually general customers or businesses. The selection of vendors, transportation means, routes, and delivery methods constitute an important part of logistical operations.

Logistics management is a part of the supply chain that uses planning and implementation to store and deliver goods and services to the customer. It coordinates several key activities of the supply chain that ranges from the development of the product to its commercialization.

Typically a logistics management system includes the following:

  1. Inbound and outbound transportation management
  2. Warehouse management
  3. Fleet management
  4. Processing orders
  5. Inventory control
  6. Managing third-party logistics service providers
  7. Planning supply and demand

Logistics management constitutes several functions such as production planning, sourcing, procurement, packaging, and dispatching. It also involves finding the right means to deliver goods and services to the end-user. Inbound and outbound traffic is vital in logistics management. Inbound logistics is a linear flow of raw materials from suppliers into a warehouse and then a production unit.

Shifting the products from the warehouse inventory into the hands of the customers falls under outbound logistics. An example of inbound and outbound logistics at play is that of a manufacturer of electronic goods, which requires several raw materials in the form of components, nuts and bolts, cables, casting, packaging cartons, etc. to build products.

Waybill.work handles everything in one place and automating most of the manual tasks in the logistics industry.

If you’d like to learn about how Waybill.work can help you manage your logistics business and streamline your logistics business experiences, click here!