If freight forwarding plays a significant role in your business and your company spends millions of dollars on it every year, then freight management software can provide you with substantial savings while also improving the productivity and efficiency. Continue reading to know more about freight forwarding software.
Freight forwarding is a time consuming and a difficult to manage the process which requires you to take care of a number of aspects to ensure its success at competitive rates. Freight management software can control almost all the aspects of this process to take the burden off our shoulders while also maintaining the timeliness of the process and also providing you with ample of savings.
Let us try to understand the benefits of freight management software in detail.
Benefits of Freight management software
Freight management software automates the freight forwarding process of your company and works on a shipping plan that can help you in gaining considerable savings of about 5-10%. Moreover, it offers additional savings by allowing you to select the transportation mode that best suits your needs and automating the entire load execution process. Not just this, the software will help you in realizing these savings by comparing the history of your load tendering with its own shipping plan.
It allows you to align your freight network easily with that of the other carrier networks to ensure that you stay ahead of others. By automating the process, it also allows your staff to focus on other important activities. Many of the freight management software also have features, like bid procurement, racking of the ROI and optimization of LTL/T mode to further increase your savings.
Some Other Advantages of Freight management software
- Reduced data entry
- Improved communication throughout the supply chain
- Eliminates errors
- Automatic pricing of the consignment
- Payment and ratings of subcontractors and drivers
- Repair and maintenance of vehicles
- Online portal for customers where they can trace and track their shipment, book jobs and look for delivery proof
- Producing invoices and tracking payments
- Management and operations reporting
Moreover, apart from the logistics companies, the freight management software is also very advantageous for brokers and third-party logistics service providers. It will help them in improving their relationships with their customers and will allow them to find new business opportunities.
Moreover, when you are saving money in the process, the same will be passed on to your customers, and you will be able to provide them with improved services. Easy accounting procedures and support for other reporting will provide you with improved visibility in the operations, and you will be able to take better decisions.
As you can see, there are multiple advantages of using freight management software that will not only provide you with impressive savings but will also improve every aspect of the transportation process. Better services will transform into more customers and will allow you to carve a niche for your company in the competitive marketplace.