In this article, we’ll take a look at some of the ways ERP benefits logistics and transportation, as well as how Logistics ERP Software can help you manage your logistics business in this new era of automation.
Advantages of Using Transportation Management Software
An ERP software is a game-changer for transportation businesses when it comes to moving freight efficiently, and economically and improving operations, driving business, and providing better service to customers. With the increasingly digitized transportation industry, it is no surprise that the global transportation ERP system market is growing. Statistically, the transportation management software market is expected to reach $6.63 billion by 2026 that’s up from $2.45 billion at a compound annual growth rate of 13% in 2019.
3 Top Secrets about Reverse Logistics That All Logistics Service Providers Must Know
Today the logistics process is an integral part of a successful and well-organized supply chain. But the reverse logistics process has also become an essential component. Over the years, as e-commerce has seen a boom, hence there has also been a significant increase in reverse logistics, which means that consumers send goods back to the retailer. Furthermore, consumers expect these return policies to be easy.
Top 4 Features to Look for in A Transport Management System
Each company searches for ways to simplify its transportation processes, minimize delivery costs and maximize profits to remain competitive in the transportation business market, which is more evident in the transportation industry. The world of business is changing with the increasing demands of customers and many other issues which is giving many challenges to the transport companies.
ERP Software for Transport and Logistics Companies: A Definitive Guide
Many transportations and logistics companies use ERP software to manage and execute plans to move goods & materials and these goods are typically transferred from suppliers to customers.
But have you ever wondered How ERP Software helps these Transportation Companies?
The ERP software for your logistics company automates the transportation process and makes the job much easier and saves a lot of time with money. This can help achieve higher operating efficiency and maximize productivity.
Top 5 ways How Right Logistics ERP Software Will boost Up Your Business Growth
Every business has its way of running it and it’s very important how you manage, especially if you talk about the transportation business, you have to manage everything like your transport vehicle has reached on time or not, your transport vehicle is supplying properly or not, and many more.
With the rise of eCommerce and global markets, there has been a significant increase in supply and demand, but a lack of proper business strategy slows down business growth and many transportation businesses do not know what they need or how to manage and grow their business.
What are Fleet Management Solutions?
Fleet management involves utilizing and managing fleet and asset information in the transportation operation. From the acquisition of fleet to its disposal, efficient fleet management optimizes productivity, reduces costs, and ensures compliance in the entire system. With the use of fleet management software, it becomes easy to track and manage vehicle maintenance, control the inflow and outbound movement of goods, expenses, and operations to maximize efficiency.Read More
How To Choose The Right Transport ERP Software For Your Business Growth
The use of Transportation ERP software offers various solutions and advantages and can prove to be highly beneficial for your business. The right customized Transportation ERP software helps to significantly improve freight management. Automation, or automatic control when equipped in various operating systems, reduces human intervention. Hence the chances of error are minimal, thus improving quality, accuracy, and precision, which gives a better output in the service management.Read More
GST e-Invoicing if Turnover is more than Rs. 500 Crore
Know everything about e-Invoice:
The CBIC (Central Board of Indirect Taxes and Customs) has issued a notification that e-Invoicing is to be mandatorily accepted by all companies or suppliers with a turnover exceeding Rs 500 crore. Before the limit for preparing e-Invoice was 100 Crores. This new change in a system or law is the gateway for the digitization of business processes in India. The provisions will come into effect from 1st October 2020.