Benefits of ERP For the Logistics Industry
Transformations are a part of any and every industry. As decades pass each sector goes through several revolutions to evolve for the better. However, this process is not the easiest – each wave of change brings with it a brand-new set of challenges. When it comes to the logistics industry, there are quite a few changes that the sector is handling. These include globalization, diverse manufacturing, and supply infrastructures, offloading delays, warehouse and bin configuration, expiry management, irregular stock rotations, and changing product life cycles. Let’s first understand the role of ERP in logistics management, and then move on to explore the key benefits of ERP for the logistics industry.
To embrace consistent growth, businesses belonging to the sector have to keep up with the ongoing market demand. They need to execute quick stock availability checks, reduce stock-outs, increase speed to market, improve warehouse efficiency, and eliminate human errors and associated costs. As such, firms need an ideal, multi-faceted solution. This is where an accurately implemented ERP logistics software comes into the picture.
What is ERP in Logistics?
Enterprise Resource Planning (ERP) software is an automated solution that is exclusively designed to streamline multiple processes in a company, including those within the logistics industry. It is essentially a set of applications meant to facilitate consistent coordination between different departments of a particular organization.
One of the best features of this software is that t provides easy access to real-time data. This way, different teams working on the same logistics project can collaborate and communicate with ease. They can also stay updated on any modifications made. The fact that it is a product of automation means that ERP eliminates the need to dedicate resources to repetitive tasks.
1. Better Stock & Inventory Control:
Firms belonging to the logistics and transportation sector are looking for ways to determine their operational processes and have better control over the inventory. What’s important for them is to keep track of product stocks, current deliveries en route, and sales figures. An ERP system gives organizations a singularized view of all the data and processes, allowing them to make informed decisions. The ERP software’s dashboard enables suppliers, distributors, and managers to monitor inbound and outbound logistics effectively.
2. Real-time Shipment Tracking:
The key to efficient delivery is to track shipments and identify possible delays. This can help provide accurate delivery timelines to the clients and enhance consumer satisfaction. While it is important, this can be a taxing task without the aid of ERP systems. The software has brilliant real-time tracking features. They allow distributors to monitor the exact location of vehicles in transit, stay in contact with the drivers and ensure safe shipping and transportation.
3. Efficient Staff Management:
It takes many professionals to make a delivery happen securely – from drivers to operational departments to managers who keep a track of it all. The involvement of multiple departments makes it challenging for firm leaders to streamline workforce management. ERP systems can prove to be effective tools that enable the managers to monitor the working hours of the employees, retention rates, break timings, leave tracking, and other important aspects of staff management. They can even access employee performance based on accurate ERP reports.
Contact Us for ERP Logistics Software Implementation
By providing tailored solutions for diverse industries, we have become well-versed in understanding the challenges and possible solutions. Our ERP solutions provide organizations with a single integrated workflow via comprehensive software packages at an affordable price.
With our SAP ERP solutions at the ready, businesses can easily keep track of stock movements, optimize inventory levels, improve on-time delivery, get an integrated view of centralized database management with multiple warehouse locations, on-time accuracy of stock movement & assistance with effective decision-making in the matters of management. To get started, contact us today!
