Best Logistics management software in India in 2019

What is Logistics software?

Logistics software is used in management and incorporates the integration of data, transportation, stock, warehousing, material-handling, and packaging, scheduling of goods, shipping, tracking of shipment, and security. Logistics is a channel of the supply chain which includes the estimation of time and place utility. 

Business logistics software is intended to display routing and scheduling information automatically and to use delivery addresses to plot to drop off points on a map. This sort of logistics software can develop practical routes to coordinate more than one delivery when goods or services are required at a specific time. It might likewise enable users to schedule delivery personnel and vehicles in a manner that provides workforce accessibility.

Supply chain software can be used with logistics software to help an organization in improving how they discover raw components to make products or services and deliver them to customers.

Nowadays, logistics software solutions have turned out to be more extensive in scope and functionality. It comprises of various modules that help in material planning, fleet management, inventory and stock control, quality checks, and order processing.

Features of the best logistics software:

The best logistics software features are:

• Order Management - Perhaps the primary concern of the logistics is to maintain robust order and billing management. Software solutions can create orders and bill clients from one location, making your life as an operations manager easier.
• Inventory Management - If you want your supply chain to run smoothly and efficiently, you need to properly manage your inventory. Raw materials and its supply, finished goods, and spare or extra parts should be properly stored and managed.
• Seamless Integration - There are various important functions related to logistics that today’s operations managers must optimize, and in the highly competitive and integrated business ecosystem, the need for a single, comprehensive solution is supreme. 
• Warehouse Management - Warehouse management solutions allow organizations to optimize warehouse stock to increase accuracy and efficiency in their maintenance.
• Logistics and Transportation – SCM (Supply chain management) tools that deal with logistics and transportation properly manage materials and goods to ensure they are at the lowest possible cost. They provide the necessary, resources to manage fuel costs and abide by federal rules and regulations. 
• E-commerce integration- Logistics software has all the tools for successful e-commerce integration. E-commerce integration is a data transfer between the e-commerce website and its backend accounting and inventory system ERP. This enables the e-commerce retailers to convert customers on multiple channels at once and then keeping track of the product that is been transferred from a warehouse to the client. 
• End-to-End Supply Chain visibility - Visibility from beginning to end of the supply chain should be a part of every SCM solution. Also, real-time access to information about the supply chain make sure that there are no issues like missing goods or unhappy customers.
• Purchase order processing- Logistics software solutions automate all transactions related to purchase order management. It reduces time, money and effort to generate a purchase order. It has centralized order and billing management systems.
• Forecasting- It bridges the gap between demand and supply to prevent wastage of resources. It uses historical data to enhance proper scheduling of production and inventory management.

Benefits of the top logistics software:

The benefits of the top logistics software:

• Compatible Multi-Client Architecture - A logistics software that accompanies multi-client architecture support is essential if a business handles many customers. 
• Finance Integration – The tools that incorporate the monetary side of the supply chain is another key requirement in the software and the financial aspects like general ledger, account payables, and receivables, when incorporating into a logistics software can directly deal with the bookkeeping and records of transactions conveniently.
• Increased Customer Service - With logistics automation features in a TMS (Transport management system), for example, real-time freight tracking, auto pick-up, conventional insurance and freight accounting built to your custom specifications, you and your customer are enabled.  
• Improve Customer Service - This technology permits the tracking of shipments, materials and products both on the supply side and the delivery side of an organization.
• Minimizes human error- It increases the accuracy rate and thus reduces dependency on manual staff and eliminates human error.
• Increases visibility- It improves the visibility of all operations as there is continuous availability of real-time data. It may have interactive and navigable interfaces that constantly display all important metrics.
• Mobility- Most of them are cloud-based, hence it gives employees the ability to access data at any location.
• Faster delivery rates- Logistics ERP software ensures that the optimal mode of shipping is been selected and it also helps in route tracking. It reduces days and weeks from the production cycle through timely and efficient deliveries.  

Potential Issues faced:

• Initial set up cost is high that is several computer hardware, operating software and e-logistics software are to be obtained with the required number of operating licenses.
•  Cost for training the employees.
•  Data should be entered and updated on each stage of movement of goods or activity or process otherwise the benefit of e-logistics cannot be realized.  
•  Can't be applied in all the warehouses.