5 Ways Enterprise Shipping Software Reduce Costs and Mitigate Risks

Enterprise shipping software solutions have been around for quite a while, but some shipping companies including NVOCCs and logistics providers may not have fully understood their impact on modern shipping. Well, when it comes to reducing operational expenses and improving profitability, shipping software plays an essential role.

Here are five key benefits of using integrated software solutions for shipping:

1. Prevent cargo loss or damage by allowing both shipping companies and customers to have complete container visibility while in transit or in carrier-operated warehouses.

This is especially useful for overseas transactions where goods and containers pass through complex supply chain logistics cycles that usually take weeks to complete. Container tracking software give carriers a real-time view of cargo movement, which allows them to track, monitor, and control the entire shipping process. They also make sure that orders are delivered on time and in best condition. Also knows as logistics tracking software, this application enables both carriers and suppliers to give their customers peace of mind by keeping them updated about the exact location and status of their orders.

2. Make best use of container and stowage space to maximize profit.

Operating cost and profit are major considerations when shipping goods. These are also among the reasons large companies idle their smaller vessels and deploy larger, more fuel-efficient carriers, or automate their operations using shipping management software. Doing so enables them to carry greater volumes of shipment in a single port call, which practically reduces their expenses on fuel and maximizes their profit through economies of scale.

At some point, shipping companies have to deal with awkward cargoes that are hard to fit into regular containers. This often results in broken stowage and dead or unutilized container space. Container management software quickly solves this problem. Designed specifically for container fleets, this application automates cargo load planning, optimization, and distribution of container stocks, which improves organization and increases the storage capacity of each container. For non-container cargoes, shipping software companies have also developed customized applications such as bunker management software designed for bunker carriers.

3. Pinpoint existing and potential container damages before they become completely irreversible.

Container damages can result in serious problems during shipment and or transshipments. Container repair software can help carriers pinpoint potential problems in containers and manage the labor-intensive repair process. This includes automating the associated paperwork, sending estimates, tracking status, and billing. Most importantly, this software application enables carriers to act quickly before those problems turn into expensive and extremely dangerous situations.

4. Streamline communication between ships, carriers, and ports, to facilitate seamless execution of everyone involved in the logistics network.

Cheap and streamlined communication is part of every successful shipping transaction. Shipping line software provide easy ways for logistics managers to send and receive messages using various communication devices and channels such as voice, SMS, and email. When problems arise, notifications can be communicated instantly across the supply chain, and those in charge can implement solutions to address issues and keep all operations on track. This capability is extremely important for cargo consolidators who use NVOCC software to constantly communicate with vessel operators from the shore.

5. Ensure that trade rules and regulations are strictly followed.

Every country has its own set of trade regulations for shipping. Sidestepping those regulations can result in penalties that include hefty fines, cancellation of trade license, or even imprisonment. Liner principal software streamlines the trade compliance process by eliminating paperwork to make the whole process fast and hassle-free. Carriers equipped with integrated shipping agency software receive updates on compliance requirements in each country or trade route. This helps to ensure that every segment of the supply chain has been appraised and well-informed of compliance requirements.

They say “an ounce of prevention is better than a pound of cure”. This saying is worth some serious reflection especially when it comes to container or bulk shipping where small glitches can easily develop into extremely expensive and irreversible damages. The initial investments for liner shipping software implementation can be overwhelming at first, but when long-term profitability and competitiveness are on the line, it is certainly worth serious consideration.

The Various Benefits of Shipping Software

Many carriers and ship operators have to deal with problems like huge bunker costs, labor costs, huge charter costs, poor tracking system and costly communication between the vessels. If such problems are not efficiently addressed, shipping operations are likely to encounter huge losses. Apart from the financial loss, such issues can harm the company’s reputation and goodwill. Shipping software allows carriers and ship operators to reduce expenses and get considerable cost benefits by minimizing the various tasks involved like time consuming and labor-intensive processes like redundant data entries, documentation, inventory, invoicing and much more.

In the last few years, the shipping industry has seen a considerable change as the tasks involved have become less time consuming and labor intensive. This means that all the shipping procedures have become error free, efficient and faster. As different business organizations have their specific needs and requirements when it comes to the shipping operations, the companies have come with various types of shipping software solutions which can serve specific functions as per the business needs and requirements.

With the advancement of internet and technology, the shipping industry has seen a significant change and thus helps simplify various important shipping operations which, requires considerable time and a lot of expertise. The shipping software offers scalable and efficient solutions to enable carriers maximize profits and reduce operational expenses. It also helps shipping lines in controlling shipping activities between different ports. A number of multinational corporations, today necessitate an efficient heavy duty team which offers them excellent and cost effective shipping operations. However, the most important factor here is comparing the different shipping rates. Business organizations need to choose a reputed and reliable company which delivers cost and quality which are definitely business friendly.

Selecting an efficient and cost effective company means saving profits and reducing operational costs to a significant level. Also, before choosing any company, you must consider the international shipping rates, compare the quotes offered and then select the one which suits your needs in the best way. The services you choose must help you to gain success and ensure cost effective and absolutely safe transportation. Many business organizations today use USPS software to ensure that mailing services are completed in an efficient and easy way. These mailing solutions make postage quite easy and safe as well. Thus, choosing a reliable and reputed company with efficient shipping software which integrates with your business operations and contributes in business growth as well as sustainability is quite an important task.

Introduction of Shipping Software and SaaS

Introduction

Shipping software solutions automate the process for manufacturers or fulfillment organizations from packaging, shipment processing, tracking and tracing to invoice editing. The system delivers shipping and logistics processing, export compliance, and customer service functionality in one integrated application, all from the convenience of a desktop PC. Shipping software solutions on web portals, can be accessed any time from any location by the customers to track their orders. The solutions also provide secured layers of technologies for web host servers to communicate over the Internet.

In today’s economic climate where organizations watch every penny, staying up-to-date on the latest requirements and regulations and freedom of choosing carriers, is the need of time. Using the shipping solution, allows real-time access to major carriers such as FedEx, UPS, USPS, and DHL. It also provides rate-shopping, freight pickups, appropriate labels and documentation generation, and also real-time status of shipments that helps to track shipments not delivered on time.

The shipping software solutions provided can collect and store activity information and make data available through reports as per the customers’ requirement. Due to these solutions organizations realize and achieve value from their technology investments and manage the forever changing challenges in a volatile market.

Integration and Monetary Gains

Organizations can maximize savings by integrating the solutions into their business practices, where all cost-analysis and rate-shopping is done automatically, leaving more time and money at their disposal. Integration can be done with systems such as Oracle E-Business Suite, Sage ERP X3, PeopleSoft, Microsoft Dynamics, SAP R/3, JD Edwards EnterpriseOne, JD Edwards World, and others. Time is saved due to the automated order processing with minimal data entry and eliminates re-keying of data during the delivery of the product/order to the customer (fulfillment process).

Cost-effective Software as a Service (SaaS)

The entire software industry is moving towards service-based products (SaaS) rather than one-time purchases and major investment in technology. One of the biggest advantage to an organization is the ability to reduce IT support costs by outsourcing hardware and software maintenance and support to the SaaS provider. Market trends point towards improving business-to-business connectivity that helps organizations in streamlining communications with their customers. Many shipping system vendors have started to offer the option to deploy applications at their customer (manufacturers or fulfillment organizations) site or host the software system through the vendor’s own server.

New Solutions Meet Target

It is critical an organization understands where improvements can be made throughout their process and get the right tools to effect these changes. Organizations who understand the importance of investing in technology and more efficient processes have their eye on the required goal – a return on investments by meeting all the customer requirements.