5 Essential Features That Every Logistics, Supply Chain Should Have
Below are some important features of Logistics Supply Chain:
Real-Time, End-to-end Supply Chain Visibility:
In a logistic and supply chain management company, employees require real-time access to information on supply chain and logistics in order to avoid problems, missing goods, bottlenecks, etc. This feature enables the organization to respond to variations in supply chain/logistics as and when they arise. This particular feature is very useful for organizations of all sizes.
For any supply chain/logistics visibility from start to the end of is very crucial and should be the part of every solution.
Use of Forecasting Tools:
In order to stay ahead of the competition and level up the game is it important for the supply chain and logistic organization to use forecasting tools. They help in predicting customer demand and planning of resources accordingly. The use of such tools helps the company to terminate the purchasing of too much raw material and reduce storage requirements which automatically reduces the cost.
Logistic and transportation tools:
This tool ensures that materials and goods are transported at the lowest costs possible. Transportation tools offer needed resources to manage fuel costs and also the state and national laws and regulations. It is important that these features are included in the supply chain and logistics management to eliminate supply chain issues and reduce overall costs.
Dynamic and Flexible Order, Billing Management:
There is a misconception among the supply chain and logistics management companies that there are some uncertainties in order management and billing options. The supply chain and logistics management software must have the ability to create orders and charge customers from one location within the solution. The work of an operational manager reduces drastically if the software helps in the creation of orders as well as charging customers from one location. The software should be highly configurable to meet the needs of orders and customers handle by supply chain/logistics organizations.
Use of Mobile Application:
Using a highly functional app instead of an old-school logistics/supply chain system makes a huge difference. Applications offer real-time alerts that provides all the information on shipping activities. The app can deliver real-time updates to all the stakeholders involved so that they can take appropriate actions and measures to avoid major losses. When dealing with customers whose demands change constantly it is important that all operators in the supply chain operation should be in contact with each other.
Taking the above factors into consideration will help in choosing the best supply chain / logistics management software.
Source: https://arenasoftwares.com/blog/integrated-logistic-system/
