2. Why Logistics Has Gained Importance in the 21st
Century?
Companies today look at the world as their market and source materials from
across the globe. With increasing movement of raw materials and finished goods
across a country and around the world, logistics has become an important business
decision.
Companies today may have Subsidiaries, Vendors and Customers located in
different parts of the world.
3. Advantages of Logistics Solutions
• Increased Efficiency: Reduction in inventory and total overhead costs
• Increased Sales: By delivering timely shipments, keeping products in stock and
efficiently moving them from the warehouse, logistics help capitalize on
existing orders and increase sales.
4. Advantages of Logistics Solutions Continued
• Better Relationships: The communication and interaction skills of the drivers
have a crucial impact on the company’s relationship with retailers.
• Improved Customer Services: Healthy and timely interaction with customers
will keep the company aware of customer expectations and can result in
optimum services and better customer relations.
5. The Cost of Not Having a Sound Solution for Managing
Logistics
Manual methods (spreadsheets, emails, etc.) can result in:
• Higher inventory management costs
• Higher Transport costs
• Lack of integration with the company’s order management
• Disconnected customer service processes
6. Tip #1 to Improve Logistics: Make Business Forecasts
Business forecast would depend on:
• Strategic objectives
• Inputs from different business functions
• Market research and/or stats of
competitors
• Accounts receivable
• Inventory level
trends
7. Tip #2 to Improve Logistics: Review all Processes
Review all processes to make them leaner (reducing steps). For instance:
• Order Management Process – This can be improved with bringing processes
online. With a web presence, customers can place an order directly with the
company and remove the intermediary steps, reduce lead-time and improve
accuracy of data.
• Bar Coding - Implementation of this increases the speed and accuracy of the
warehouse operation, reduces the risk of picking the wrong products and
increases the inventory accuracy.
• Enhanced Integration – When order management, production and inventory
planning move in an integrated way, it results in lower costs. For example, with
better planning, you can choose a lower-cost carrier with a lower performance.
8. Tip #3 to Improve Logistics: Choose the Carriers Appropriately
• Do a thorough research to ensure that you're getting the best possible rates
for each type of service.
• Maintain the rate profiles of all carriers.
• Opt for a company offering comprehensive solutions in case your need more
than one type of transportation for delivering your products. Dealing with a
single service provider reduces coordination and paperwork and increases
efficiency in the delivery system.
9. Tip #4 to Improve Logistics: Have a Robust Software Solution
Allows a business to:
• Match supply side manufacturing with
customer demand
• Maintain low inventory levels
• Timely delivery to customers
• Minimizes out-of-stock
situations
• Have accurate data in one
place
• Garner feedback from
customers
10. Have a Robust Software Solution: Other Advantages
A good software solution for logistics should enable a business to:
• Perform related accounting tasks
• Generate customized forms and invoices for individual customers
• Provide electronic messaging all along the supply chain process
11. Choosing a Robust Software Solution
Opt for a software solution
that is:
• Comprehensive
• Fully-customizable
• Very user-friendly
Assess your Needs:
• Do you need a courier
management software
• Do you need mobile device
support, with features like
barcode scanning, GPS tracking,
signature capture, etc.
12. In Need of Logistic Solutions?
Streamline, connect, enhance and expand your business operations with Key
Software Systems
Log on to www.keysoftwaresystems.com
Call on (732) 409-6068
Drop a mail at sales@keysoftwaresystems.com