The logistics management system is a combination of software and operations that are used to accomplish order fulfillment through control of storage, movement, tracking of goods from origin to destination and more.
When it comes to implementing the logistics management system for a business, it is important to look for features that can add value to the logistics process. An effective logistics management system can help companies to reduce expenses and enhance customer experience.
Know what are the main features of the logistics management system and how they simplify the logistics processes for businesses.
Features of Logistics Management System
The standard logistics management system is determined by how it functions as a whole and its feasibilityfor a business. Its various features are defined by the abilities of tools to meet the logistics needs of the company.
While there are multiple tools and features that form the logistics management system, certain features are a must to ensure the smooth functioning of shipment. Know what are these must-have features of the logistics management system here:
Order Management
An Order Management system (OMS) is software that is used to manage the lifecycle of an order. The system tracks all the information and processes like order entry, sales, inventory management, and more. The OMS works at the backend to manage and fulfill online orders.
The order management system is a highly effective software to handle a large volume of orders. It monitors and tracks all orders from the time an order is placed till it is delivered to the customer. The software handles multiple orders and minimizes the time and effort to manage everything manually. OMS automates various operations like order routing, labeling, and shipment.
Inventory Management
Inventory management is an essential component of logistics management. It includes a set of operations to ensure effective inventory tracking and cost management. Various operations associated with inventory management include:
- Labeling and tagging of items using the barcode
- Tracking inventory in real-time
- Scanning orders using QR-based systems
- Verify and track inventory
The inventory management system is integrated with the logistics management system to keep track of inventory in real-time and optimize inventory systems. Inventory management is beneficial to manage damaged, replaced, or missing items. It also ensures that no product is out of stock at the time of delivery.
An inventory management software speeds up the speed of movement of items, minimizes inventory cost, and reduces human error. It is a useful tool to manage bulk orders and reduce human efforts.
Warehouse Management
The warehouse management feature allows businesses to optimize various operations in warehousing and enable an easy flow of work. Warehousing is a combination of multiple operations which include storage, handling, processing, shipping, and returns. All these operations are streamlined using an effective warehouse management system. It is an extremely useful tool to enhance the efficiency of operations and speed of delivery. It also minimizes the cost of the shipment and reduces human efforts.
The software allows businesses to have full control over the warehouse operations and ensure fast movement of goods till the time it reaches the customer.
Real-time Tracking
The importance of real-time tracking is considered quite high in terms of customer service and effective management of the network. It is an effective tool to minimize the coordination problem throughout the logistics system. Without real-time tracking, businesses may lose the track of the order, delivery, and distribution of products throughout the logistics chain.
An apt real-time tracking system identifies the position of shipment and keeps the customer informed about the order. It also minimizes the chance of loss or misplacement of packages.
Real-time tracking is the game-changer in the logistics industry as customers appreciate instant tracking and update of shipped orders. Hence, a real-time tracking system is a must-have feature of logistics management software.
Channel-Integration
The logistic management systems must easily integrate with eCommerce platforms to manage order shipments effortlessly. This feature allows businesses to sync orders from online stores to logistics software using simple procedures.
Once an eCommerce platform is integrated with the logistics management system, the user can access all essential features of the logistics management system and value-added services to manage their shipment. The logistics management system now optimizes all processes from accepting an order to delivering it to a customer’s door.
Conclusion
Use of the right logistics management system is necessary for eCommerce businesses to ensure fast and accurate delivery. Various features of the software help in easy management of all complex operations of logistics in a cost-effective manner. Manage the logistics for your business using reliable logistics management software.
Choose the service provider that offers you multiple logistics services and customizable solutions to help you grow your business.
