Precision, speed and agility are the key touchstones for any logistics service provider (LSP). Today, merely moving goods from point ‘A’ to point ‘B’ is not enough. Customers are now demanding that LSPs back their services with fool-proof processes and the right technology to ensure efficient movement of goods across the supply chain at competitive rates.
To survive in the global arena, a logistics service providers business should be based on an effective information system that has the capability to integrate and support complex processes in real-time. This can be achieved by implementing the right ERP (Enterprise Resource Planning) solution that is tailor made for the demands of the logistics industry. An effective end-to-end ERP solution can fast track your process at every stage of the transportation chain. ERP systems are an invaluable tool for LSPs that can be used forsales & services, purchase order management, container management, sea freight management, air freight management, inland transportation, warehouse management, billing, financial accounting,reporting & MIS implementation, customer visibility & alert management system implementation.
Integrated ERP solutions can enable an LSP to set up world-class processes. Contrary to the common belief that ERP solutions are only used by large MNCs, today even medium and small LSPs can deploy an ERP solution that is packaged to meet specific needs. The good news is that you need not burn a hole in your pocket, the new cloud-based ERP solutions are available at a very nominal costs and do not entail major infrastructure investments.
The LSP has the flexibility to pick & choose certain modules or the entire suite depending on their comfort levels and scale of operations. Through careful selection of the right ERP service, LSPs can offer customers automated up to date information regarding shipment status, quick response times and reduce operating costs.
An effective feature-rich ERP package will enable you to maximize efficiency with modules that offer shipment tracking and visibility. It can also offer features that allow the finance department to be linked with operations to enable cost controls and stops revenue leakages, automated taxation and generates financial reports with powerful receivables, payables, cashbook, job costing and general ledger functions. By automating day to day processes through and ERP system LSPs can enhance customer satisfaction and ensure greater ROI.
ERP systems that are built on emerging technologies like cloud-based software, address & simplify challenges faced by LSPs in their day to day operations. What makes ERP systems even more effective is the constant upgrades that only the best in class ERP software can provide to ensure that you are in tune with the latest developments.
By implementing Cloud ERP, LSPs can take the right decisions at the right time & strengthen the cooperation between service providers, carriers and clients involved in international & local transportation.
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