Millions of logistics companies use modern freight management software that has been standardized keeping account of the needs and demands of customers and companies. The freight software is efficient in freight management, which involves the optimization of transportation and freights in a strategic manner.
What is Freight Management Software?
Freight Management Software is software which automates the freight forwarding process which helps to eliminate manual paperwork and reduces operational costs by up to 40%. The system helps to build agility and the ability to respond to rapid changes in the industry. It is a part of the logistics process that allows you to manage the operation from warehousing to supplier relationships and inventory control.
What Operations Makeup Freight Management?
Freight management is a part of the logistics process, which covers the whole supply chain operation from warehousing to supplier relationships and inventory control. As a shipper, you can handle all of these processes or outsource some of them.
Carrier selection: If you’re using a third-party carrier, you need to pick the right one, establishing rates, terms, and expectations.
Route optimization: Find the most efficient route and choose the transport mode(s), assign vehicles, and drivers, and balance the load. This is important for the owned fleet as your carrier will choose the best routes for you.
Documentation and regulations management: This includes preparing the appropriate paperwork, insurance management, and ensuring the government’s compliance with goods and transportation.
Tracking and tracing shipments: This involves ensuring freight visibility and transparency. A carrier usually provides vehicle tracking but you can also track each package and container individually.
Data collection and analytics. Gain insights from collected data and optimize the shipping process.
What are the benefits of freight management software?
From providing cloud-based services, and expediting several manual processes to creating accurate inventory, such software is a real boon to logistics companies. And these systems are especially important for logistics companies in the UAE as this sector is witnessing unprecedented growth.
Reduce Freight Costs
The main benefit that using freight management systems can bring to your business is that it reduces freight costs. These systems use analytics and optimization and are capable of providing suggestions that will help to reduce costs without impacting the quality of the service that you provide, helping to improve your bottom line while still providing a high-quality service.
Improve Customer Service
Customer service is essential in every industry, particularly in logistics, where consumer expectations are higher than ever. Using a TMS system provides an online portal so that customers can track their shipments and update their customers, plus the ability for you to locate where shipments are at all times allows you to reassure customers and provide accurate delivery times.
Following this, the ability to track drivers and shipments can provide you with information that will help you to make performance improvements. As an example, you might find that one particular route takes much longer than expected, or you might find that some of your drivers are more reliable than others. This allows you to make improvements to the performance of your business which, in turn, will help you to improve the customer experience, improve brand reputation and reduce costs amongst other benefits.
Improved Inventory & Warehouse Efficiency
Inventory and warehouse efficiency is critical to success in logistics, but these can also be complex areas with many moving parts. Using a Transport Management System enables you to streamline these areas by tracking shipments and incoming orders so that inventory levels can be adequately maintained and inform you when you need to restock, plus there is less manual work to do in the warehouse due to less information having to be entered and less paperwork.
Future of automation in the logic industry in the UAE
Just like many other industries, the freight and logistics industries are all set to witness exponential growth due to technological advancement. To stay ahead of the competition, logistics companies must adapt to new ways of doing business. Few reports have shown that a large part of the logistics industry will depend on artificial intelligence by the year 2030 and if businesses have to keep themselves abreast with the changing world, they must make use of technological advancement for business capabilities.
With increased improvements in technology, customers have become more aware, assertive, and vocal about their demands and will not take anything lesser than the best. In such a scenario, it becomes imperative and prudent that logistics service providers adopt technology that brings in seamless efficiency coupled with precision, offering unmatched value to their customers.
Looking For a Freight Management Software?
Systrix’s Cargo plus utilize technology to ensure the highest level of accuracy and service with our customers. With an integrated customer portal, our tools offer real-time connectivity across the supply chain. With our system, you can track the location of your freight. Receive full visibility of your supply chain and enable better service for your customers. You can also book shipments directly with the carrier of your choice. Click to sign up for a cargo plus for a free demo.