Supplier delays and shortages in Logistics may result in revenue loss, late deliveries, and stopped flawless operations. This is just because of a lack of technology.
With the right technology, like logistics ERP software, you can restrict these raw material shortages, transportation issues, and late deliveries by giving you options to choose different suppliers, proper communication with suppliers, and backup plans in emergencies. It helps to simplify logistics processes, close the black boxes, and increase customer satisfaction.
Markets and Markets research projects that the global logistics market will grow from USD 260.56 billion in 2022 to USD 450.8 billion by 2027, at a CAGR of 12%. This boom directly results from the industry’s pursuit of streamlining operations and enhancing customer satisfaction.
Also, in a recent article, PR Newswire projected that the possible growth disparity for the logistics services software market from 2022 to 2027 is USD 4.1 billion. Increased private equity (PE) investments in the logistics sector are significantly contributing to the expansion of the global logistics services software market. This signifies the growing dependence on ERP Software for Logistics in all industries.
The question is, out of the many logistics ERP software, how do you select the right one? Let’s find out
How Important is Logistics ERP Software?
Logistics ERP software controls your supply chain and automates packing & shipping. Also, manages operations, reduces costs, and enhances customer satisfaction by integrating various functions like inventory management, shipping, and order processing. Also, the integration eliminates data silos, improves communication, and provides real-time information, enabling companies to make informed decisions.
Key Benefits of Logistics ERP Software
- No more supply chain disruptions
- Restricts fluctuation in prices of fuel, wages, and warehousing expenses
- Resolves inventory management issues
- Manage Transportation Challenges
- Regulatory Compliance
- API Integration
- Helps to fulfill customer expectations
Top 5 ERP Software for Logistics
- SAP Transportation Management (TM) – Integrated Supply Chain Excellence
- SAP TM integrates seamlessly with other SAP modules, providing a unified view of the supply chain.
Key Features:
- Freight Order Management: Manage freight orders and optimize carrier selection.
- Transportation Planning: Plan and optimize transportation routes and schedules.
- Collaboration Tools: Facilitate communication and collaboration with partners.
- Analytics and Reporting: Extensive reporting.
- MetaShip – The Future of Logistics Management
- MetaShip is a comprehensive ERP solution designed to optimize your logistics operations.
Key Features:
- Real-time Inventory Tracking: Monitor stock levels across multiple warehouses with precision.
- Automated Route Planning: Optimize delivery routes to reduce fuel costs and delivery times.
- Warehouse Management System (WMS): Streamline warehouse operations with efficient storage and retrieval.
- Multi-Carrier Integration: Seamlessly integrate with major carriers: FedEx, UPS, USPS, and Purolator.
- Streamlined Logistics Workflow: Reduce manual effort by automating shipping processes from rate calculation to label generation. Also, improves operational efficiency with a centralized shipping management system.
- Order Management: Automate order processing from placement to delivery.
- Advanced Analytics: Gain insights into key performance indicators (KPIs) with customizable dashboards.
- Oracle Transportation Management (OTM) – Global Logistics Powerhouse
- Oracle OTM is a robust solution for managing complex global supply chains.
Key Features:
- Global Trade Management: Ensure compliance with international trade regulations.
- Freight Payment and Audit: Automate freight payment processes and audit invoices.
- Advanced Planning and Execution: Optimize transportation planning and execution.
- Visibility and Tracking: End-to-end supply chain visibility.
- Blue Yonder (JDA) Transportation Management – Data-Driven Logistics
- Blue Yonder provides AI-powered solutions to optimize transportation and warehouse operations.
Key Features:
- AI-powered route Optimization: Dynamic route planning.
- Warehouse Labor Management: Optimize warehouse labor productivity.
- Real-Time Visibility: Track shipments and inventory in real-time.
- Predictive Analytics: Forecast demand and optimize inventory levels.
- 3PL Warehouse Manager (3PL WMS) – Dedicated 3PL Solution
- 3PL Warehouse Manager is specifically designed for third-party logistics providers.
Key Features:
- Client Management: Able to handle multiple clients and their inventory.
- Billing and Invoicing Process: Automate billing and invoicing.
- Reporting and Analytics: Create custom reports and analyze structured data.
- Integration with E-commerce: Supports integration with well-known e-commerce platforms.
MetaShip stands out due to its seamless integration with Microsoft Dynamics 365 Business Central, offering better tracking and automation experiences.
Key Capabilities of Dynamics 365 Supply Chain Management- Read more
The Future of ERP Software for Logistics
As companies continue to expand globally, the requirement for ERP software for logistics will rise with the time. Businesses that don’t update their shipping and packaging processes stand to lose out on efficiency, increasing expenses, and missed opportunities. MetaShip Packing and Shipping Solution is built on Dynamics 365 Business Central and helps logistics experts stay ahead in the market. Also, it provides seamless automation and real-time visibility to track each supply chain step.
Let’s boost your logistics today with MetaShip Packing and Shipping Solution, the ultimate Dynamics 365 Business Central logistics ERP software designed to revolutionize your supply chain process. Schedule a tailored demonstration today!