Did you know that the global logistics technology market is predicted to expand at 12% CAGR from the year 2023 to 2032? Part of the reason the demands from the shipping industry are growing at such a rapid rate is the popularity of e-commerce because of its convenience to consumers. Adopting automation increases your business efficiency and shifts your approach towards greater sustainability. Explore your primary business requirements before selecting and implementing logistics management software.
Why you need logistic software
Manual methods for handling freight operations are less reliable than automation, consume more energy, produce greater amounts of waste, keep employee productivity low, and make processes more expensive than they have to be since freight forwarding software is available.
Customer experience
Deliver a satisfactory customer experience using logistics software that allows your branding on the platform your customer uses. When your customers associate the user-friendly freight forwarding system with your company, it enhances your brand image in their minds. By creating ease for your customers using freight forwarding software, you help provide solutions. Your customers begin to trust you more deeply and depend on you to overcome challenges. Automated reports produced using real-time data go a long way to develop customer relationships. Watch your relationships with your customers become stronger over time as logistics technology brings them convenience.
Competitive strategies
It’s no coincidence that freight forwarders are increasing the level and range of automation in their supply chain management. The growth of the freight industry is expected to witness a sharp rise in the coming years. Are you prepared to handle the increase in shipment volume coming your way? Take a quick look around and you’ll realize that logistic software is the primary tool your competitors are relying on to streamline their daily operations. While you’re struggling to overcome challenges and handle damage control from manual methods, your competitors are refining their brand image as their business efficiency reaches an all-time high.
Load management
The automated logistics technology market rose to over $50 billion in 2022 and forecasts reveal that the acceleration of this market’s growth isn’t going to slow down anytime soon. In fact, you can expect ports to become even more congested if infrastructure doesn’t turn into an immediate priority for governments. Logistic software remains one of the top solutions to face the fast-increasing demands on the shipping sector. You can optimize each operational area based on real-time data and insights gathered from automated reports. The quicker you choose and implement freight forwarding software, the more secure your business will remain in the coming years.
Sustainable automation
A primary advantage of installing logistic software, you can turn towards a more sustainable approach to freight forwarding. Leaders in the shipping industry are concerned about the amount of carbon emissions reported in the past few years from their activities. Since automation covers every aspect of your supply chain management, you can reduce carbon emissions using automated processes. You’ll attract more customers and refine your brand image by going green.
While installing renewable energy systems and choosing low-emission fuels is advisable, raising your business efficiency is important. Combining different sustainable ideas and adapting them to your freight forwarding operations is recommended to save energy and lower carbon emissions. When your employees take less time for the same tasks, it lowers energy consumption. Your warehouse management improves as automation helps you optimize storage and save electricity.
How does freight forwarding software work?
The centralized dashboard of your freight forwarding software resolves common complaints freight forwarders have that also affect their customer experience. Communication occurs between two teams on land as well as teams that are off-shore. Supply chain management is convenient through a centralized communication system, especially when you have the power of real-time data. Improve route management and decision making through real-time shipment tracking tools of logistic software that allow you to monitor all active shipments and receive alerts in real-time.
You can select integrations like enterprise resource planning (ERP) tools and warehouse management systems (WMS). Integrations increase the efficiency and capability of logistics technology, connecting different operational areas for greater cooperation. Permit third-party access to facilitate other companies involved in operations and build stronger relationships. Decrease the length and frequency of delays in shipments through automation. Reduce the training time of your employees handling supply chain management and leave tedious tasks to automation instead of humans.
Increase your business efficiency using a freight forwarding system that helps you handle large volumes of data from shipments in different modes. Proper data management is integral to your success as a freight forwarder. Collect, organize, and store your data until you need it for communication, visualizing insights, and sending reports to stakeholders using freight forwarding software. Manual invoices often have errors in the first draft, take longer to produce, consume greater manpower, and use paper, which isn’t sustainable. Automation delivers accurate invoices with quick rate calculations, saving time and resources.
Increasing business efficiency with logistics technology
Every freight forwarder wants faster, more reliable operations to improve their brand reputation, deliver better customer service, lower operational costs, raise employee productivity, and reduce carbon emissions. You can optimize your supply chain management using automation instead of manual methods.
Faster operations
Delays in shipments are common, but if you’re partly responsible for any delays, you can expect your stakeholders to complain to you. Decrease the time various operations take using freight forwarding software that improves efficiency and saves operational costs.
High data accuracy
Besides needing precise data for invoices, reports, and messages, you need to have error-free data that gives you reliable insights about freight operations. The latest logistics technology also helps you plan better and make informed decisions with real-time data.
Greater sustainability
Climate change is a serious concern for the world and every industry is making efforts for a cleaner, greener approach. You can depend on logistic software to reduce carbon emissions, upgrade warehouse management, eliminate paper usage, and save electricity.
Effective communication
All the members of your team involved in supply chain management should have access to reliable and effective communication through freight management systems. Whether your team is off-shore or on-shore, they should receive real-time updates.
Invoice automation
If your employees spend hours creating invoices and there’s still the risk of human error that causes delays, you have to invest in freight software to boost your business efficiency. Speed up your invoice management with quick rate calculations.
Inventory management
Use integrations such as warehouse management systems (WMS) along with your freight forwarding software to create a flexible solution for taking care of inventory. You can also set up automated restocking features and alerts for stocks that are running low.
Trace and tracking
Stay updated on the movements of all your active shipments in all modes: air, sea, rail, and road modes. Most trackers used in logistics technology depend on GPS tracking to deliver real-time data on the status and exact location of your shipment.
Automation is the most recommended approach for freight forwarders to improve their business efficiency. Staying with conventional manual methods of operation slows you down and keeps you lagging behind your competitors. Freight forwarding software empowers you with real-time data and shipment tracking. You can manage your inventory, invoices, reporting, and communication in better ways through automation.
