4 Features of Logistics and Supply Chain Software

The logistics industry is constantly evolving, with the development of new technologies and advancements in processes that greatly aid the entire operation. With the countries from all over the world depending on logistics, it is important to be on top of things and utilize the most advantageous software that can aid with order fulfillment. Companies from all over the world utilize logistics and supply chain management software and implement the best tools possible that offer a wide range of capabilities for its success. 

It is essential to mention that any logistics and supply chain management company who are operationally involved in the planning, procurement, and distribution will require a high functional management tool. This is where logistics and supply chain software come into play. With a wide variety of tools being available, many of them offer similar advantages and benefits. Within this blog, we are going to discuss the four features of logistics and supply chain software and how it benefits your operation. 

Features of Logistics and Supply Chain Management Software 

The features pertaining to logistics and supply chain management software pertaining to the following: 

• Order Management - Order and billing management are the top priorities of any operation that seeks to maintain customers. While this component is critical, it definitely is a headache. Logistics and supply chain software takes care of this issue through flexibility and billing management capabilities that your operation would otherwise lack. 
• Inventory Management - Remember, inventory is looked at as waste or money being wasted. One of the most important aspects of logistics and supply chain management is inventory management optimization. It aids with the measurement that your organization is adequately equipped in storing stock of goods, raw materials, and supplies, and is made available when required. 
• Warehouse Management - Stock management is another critical component of any operation. A good warehouse management software enables organizations to optimize their stock that will enable an increase in accuracy and overall efficiency, ensuring needs are met in a timely manner. 
• Real-Time Visibility - Technology and the growth of the internet have greatly enhanced the way that logistics and supply chains is operating. Technology has specifically impacted the supply chain and has enabled operations to stay connected at all times. In the logistics industry, keeping track of production and distribution is key at all times. With supply chain and logistics software, this is made possible and you are able to keep real-time visibility. 

It is essential to utilize supply chain and logistics software in order to maintain a competitive advantage and ensure profitability and cost reduction. Another software that can aid with this concept is Advanced Planning and Scheduling (APS) Software. Advanced Planning and Scheduling (APS) Software enables manufacturers to have thorough visibility into their operation and ultimately enhance production with ease. APS can be integrated with other software such as ERP, MPS, and MRP. 

Advanced Planning and Scheduling Software 

Advanced Planning and Scheduling (APS) software has become a must for modern-day manufacturing operations due to customer demand for increased product mix and fast delivery combined with downward cost pressures. APS can be quickly integrated with ERP/MRP software to fill gaps where these systems lack planning and scheduling flexibility and accuracy. Advanced Planning and Scheduling (APS) helps planners save time while providing greater agility in updating ever-changing priorities, production schedules, and inventory plans.

• Create optimized schedules balancing production efficiency and delivery performance
• Maximize output on bottleneck resources to increase revenue
• Synchronize supply with demand to reduce inventories
• Provide company-wide visibility to capacity
• Enable scenario data-driven decision making

Implementation of Advanced Planning and Scheduling (APS) software will take your manufacturing operations to the next level of production efficiency, taking advantage of the operational data you already have in your ERP.