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Important Considerations When Choosing Supply Chain Management Software

Many logistics companies rely on combination of Excel spreadsheets and homegrown software to manage operations. Today’s Supply Chains are complicated, multilayered systems, so choosing the right technology is incredibly important.


Features To Consider

Scalability

Scalability is a significant requirement in the modern world of software. Implementing a brand new logistics system requires investment and time. To get maximum value out of it, you need to pick scalable functionalities. In other words, even if your company starts to grow at a rate much faster than expected, your software should be able to adjust and adapt.


Costing and Invoicing Control

The software should help you formulate, process and apply service contract policies quickly and easily in real time so customers can be invoiced on time, every time. Ability to change cost, modify terms are necessary features for modern logistics management software.


Multi-Client Architecture

The majority of logistics companies handle more than one customer. They need logistics and supply chain software which can accommodate inventory and purchase order processes for a large number of clients. If you’re looking at cloud-based tools, be careful when shopping. You want to be sure that the system has the right chain management architecture and not just a multi-client deployment model.


Integrations with other Software

Software is a tool that drives management decisions. A key to business efficiency is ensuring that unnecessary double handling of information is avoided. Software that enables easy integration with ERPs such as Oracle or SAP makes servicing customer needs hassle free. When combined with the use of mobile applications, information flow becomes immediate allowing for more timely and cost-effective decision making.


Data and Business Intelligence

As business becomes more complex, so does the nature of the data, necessitating the deployment of advanced data visibility and analytical tools. The best analytics tool picks out the most relevant and timely information and presents it to the stakeholders in the form of actionable information.


Client Web Portals

Client and customer web portals can be incredibly valuable because they give companies full control even when off-site and eliminating daunting work of manual job creation allowing customer to take control over this part of the logistics process. Waybills, shipment records, invoices are all accessible remotely with the right kind of logistics software.


Automated Functionality

State-of-the-art automated logistic management software automates job dispatch, route optimisation and capacity management. When combined with autonomous job allocation, the power provided to you asset base is multiplied as more work can be done with fewer assets.


Smart and Secure - AI and Blockchain future of Logistics

Smart shippers are finding ways to leverage these innovations to improve efficiency that increases profit whilst strengthening relationships across the supply chain. Documenting a parcel’s/product’s journey across the supply chain reveals its true origin and touchpoints, which increases trust and helps eliminate the bias found in today’s opaque supply chains. Nowadays, there’s smart software which learns and provides a decision, Yojee software uses Artificial Intelligence to optimise and plan route, dispatch jobs and manage capacity.