Did you know the Logistics Market is projected to reach $12,975.64 billion by 2027, registering a CAGR of 6.5% from 2020 to 2027, according to Allied Market Research?
Monitoring tonnes of freight moving between cities and passing international borders via sea, land, and air is a job that requires careful planning and execution. With experience, this becomes a manageable affair. In due course, you become equipped to take on more business due to the network connections and quality of your service.
Adding years of experience, you do realize the mounting paperwork under which your staff and organization are getting overwhelmed with. As the regulatory bodies push for a paperless regime, the importance of an ERP system to relieve you is felt strongly. ERP solutions like Logi-Sys have been aiding the end-to-end operations of logisticians and freight forwarders for decades.
Let's understand how you too can unload the burdens of a haphazardly-managed logistics operation and start afresh.
1 - Theory of Elimination
The first step in your aim to attain freedom from the chaos is to identify and eliminate the things that have been burning holes in your revenue. This is likely going to be the software that is not causing any gains but adds up smaller but noticeable costs. Your freight solution should be able to throw light on the blooming aspects of your business as well as what is biting.
When you choose an ERP logistics solution, you choose a complete solution that does the work of multiple software together. For example, Logi Sys from Softlink Global, handles Sales CRM, Accounting and Finance, Customs and Regulatory, Warehouse Management System, and Customer Visibility Portal in one web-based solution.
2 - Clarity of Vision
Logisticians and freight forwarders are required to be in coordination with multiple stakeholders. This is a complex process and if you continue with manual ways, it ends up being chaotic. If you think of expanding, this surely must be done in a better way. Take, for example, responding to your customer's emails/calls for providing shipment statuses. Forgo the multiple coordination with your teams to receive the status and opt for real-time status with the Self-Login Customer portal.
3 - Manual to Automation
By automating the operational processes, Logi-Sys, freight management software can handle up to 45 percent of repetitive work. Depending on your business needs, solution providers give you the option of hosting the solution on-premise or on a pay-as-you-go hosting model. Workflows are the remedy for the laborious and inefficient task of coordination. Define your organization's processes into the system and incorporate milestones and deadlines along with auto-alerts. By automating the operational process, Logi-Sys can handle up to 45 percent of repetitive work.
4 - Paper to Digital Transformation
From e-Air Waybill (AWB) and e-Invoicing right up to e-Verified Gross Mass (VGM) can be handled by one logistics management software. Logi-Sys is dynamic enough to incorporate the latest compliance, made possible because a dedicated team keeps the application up-to-date. When 100% compliance is guaranteed by your system, you are ensured to gain the trust of more customers. Logi-Sys takes care of multi-currencies and multiple countries as well, so you don't have to worry about the exchange rate. Auto tax calculation makes it easier and faster to process bills and invoices. Never miss a deadline with system-generated alerts from a container arriving or getting clearance updates.
5 - Center of Control
A one-stop Logistics Management Software gives you control of all your functions from a single login. A single database means real-time data access for each of your functions. Say, your finance team needs to know how many invoices are uncleared, the system can generate a report for the same if the required permissions are in place. Job Profitability, Profit and Loss statements, account receivables, and payables are some of the featured reports that Logi-Sys has inbuilt. Logi-Sys ships iOS and Android applications as part of its enterprise offering, so you can run your business from your fingertips.
Take Action
Logi-Sys has enabled more than 1000 Freight Forwarders & Logistics Companies in 50+ countries to manage their end-to-end operations from anywhere, anytime on any device with just an internet-enabled browser.
Speak to the solution experts at Softlink Global and understand how your business goals can be met by implementing a comprehensive freight solution.