How custom logistics software can make the process of vendor compliance management much simpler?

In field of logistics, vendor compliance is one of the first challenges that every enterprise faces. It is a set of standards that governs how a customer would like to get the goods delivered or how the delivery process of the goods should be from a vendor. There are various standards which deal with general and complex issues which often make it much more difficult for the vendors to carry out business tasks in an effective way.  

Many of the standards deal more with how the goods will be delivered, how the packaging would be, labelling of the packages, invoicing etc. It becomes much necessary for the vendors to adopt a unique process which offers greater level of flexibility and the one which doesn’t cost much. Without proper management of the compliance requirements, an increase in product pricing, delivering issues or less interest from the customers in taking the services from the vendor may take place. In many cases, customer drops the vendor when they do not get what they really look for. It can really be catastrophic too if customers continue to show same kind of behavior. This might lead to increase in competition in the business and a dropped vendor may fall behind its competitors. To overcome this problem and various other problems, it is necessary that the vendors should look for suitable options to streamline their business.

Available Options

There can be three options for them. If they are running big business and if they can bear the expenses then implementing own logistics department is a good option. This department can take care of everything which is related to business. The second option is related to outsourcing tasks to a third party logistics (we call it 3PL) provider. By doing this, they do not have to spend time or resources in managing the services as everything will be managed by 3PL Providers. The third option deals with making use of the software which can work in an excellent way. Implementing this custom, innovative and reliable software solution, vendors do not have to spend more on hiring experts for their processes or spend more on various other intra and interrelated processes.

Comparing 3PL and Logistics Solution

It should be said here that 3PL is a traditional option which really does not feature one’s own logistics department but if you are making use of unique, easy-to-use software then this can help you in managing everything effectively and this solution can even be much more economical too. It would then certainly be not required to invest money in managing tasks by taking services from 3PL providers. Vendors can achieve the same level of service or even much better level of service by making use of the software solution.  By making use of it, it can be easier to follow an efficient compliance management methodology. They can effectively anticipate twists and turns in relation to compliance, enhance or optimize all or any business process or meet the standards of the customers. For enterprises who are looking for a cost-effective solution to bring efficiency and reliability in their operations, logistics software can really be the best choice. It can drive down the costs and help enterprises gain numerous benefits.

A brief introduction to freight forwarding

The international freight market is full of various types of transport providers, those who meet the requirements of the national and international trading enterprises which transact business regionally and globally. The companies those who move the freight around the world are known as commonly termed as “Freight Forwarders” or “Freight Forwarding Companies” but terminologically speaking, there are various other names which are used to describe the depth and range of the services provided by the freight providers.

Some of those common terms are:

  • Multimodal Transport Operator
  • Global Logistics Manager
  • Non Vessel Owning Common Carrier (NVOCC)
  • Integrator
  • Supply Chain Management Companies
  • Information Broker etc..

Who are freight forwarders?

A freight forwarder provides services to individuals or companies who wish to send their items from one city to another within the same country or from one country to another. The goods that are transported from one city to another or from one country to another can vary from an envelope up to huge machinery. Based on the type of services they provide, freight forwarders can be described as local, national and international.

Local Freight Forwarders are those who generally run small business, tend to deal with customers only from their local area or operate at a seaport or airport, focusing on particular type of traffic.

National Freight Forwarders are those who have offices in various places or cities within the country. They may have warehousing or handling depots. They may have good network of agents, correspondents or other third-party freight forwarders.

International Freight Forwarders are those who operate at international level, have offices in various countries around the globe, provide a wide range of freight services It should also be said here that there are no hard and fast rules in carrying out this business and that there is considerable overlap between types.

Forwarders take up the responsibility of arranging the transport details and arrival of the freight at its destination in good condition and on time. The mode of transport can be road, rail or sea or air. They are the people who research shipping prices, arrange routes, book cargo space, prepare documents, make arrangements for the storage of goods, concentrate on security issues, handle regulatory requirements etc. Often freight consolidation which means grouping of various types of goods from different places together to curtail the costs is an indispensable part of the freight services. Some of the freight forwarders, especially those who are experienced or those who have been in this field of business for years and years, offer other additional services too which include but not just limited to custom brokerage, inventory setup and management, haulage and various other carriage such as shipping and overseas marketing consultancy services etc.

Understanding Customers’ Needs – How freight forwarders enhance their business process efficiency?

Today, freight forwarders have become much more sophisticated in the way they operate and are known to provide their customers A1 Services by perfectly automating their business processes. Today, the use of the software such as Freight Software from BoxOn Logistics has made it much easier for various the companies to flawlessly improve or revamp various freight tasks and be successful in providing 100% satisfaction to their customers.

If you, too, are running freight business and would like to enhance your business processes and provide better customer services then start making use of the freight software from BoxOn Logistics.

 

How to Overcome Freight Management Challenges?

For many of today’s freight enterprises, grappling with trends taking place in the freight industry and their own often outdated systems is putting an immense strain on freight processes. For freight forwarding or management organizations, enhancing quote-to-cash processes and revitalizing their own supporting systems are important criteria to improve visibility and be able to take better decisions. By perfectly addressing capacity planning, revenue optimization processes and by automating their sales or customer service operations, freight enterprises can improve not only their services offered but can also bring into their systems greater level of visibility that enables high margins or increase in business revenue.

With competition rising at a greater level, freight enterprises around the globe, face a number of challenges to remain much more competitive and profitable. Some of the major challenges include the following:

 

  • There has always been felt greater need for visibility in all of the inbound and outbound processes / visibility in freight control on a global basis.
  • Constant revenue leakage stemming from inaccuracy in processes (or because of the inaccuracy in capacity and pricing).
  • Making use of the manual processes in order to manage freight operations.
  • Outmoded legacy systems that is weakening customer relationship or leading to weak customer response or customer service.
  • Inflexibility in business rules or workflow making it more time-consuming and expensive for the fright enterprises to adopt anything new or react to changes in business environment.

 

To overcome the challenges given above and many other intra and inter related problems that crop up from time-to-time in freight management businesses, it is essential that the business owners focus on making use of the smart freight software which offers end-to-end solutions and promises of delivering high performance.

 

With the use of the reliable freight management software, enterprises can

 

  • Effectively focus on flawless operation planning and execution (They can plan and execute perfectly well by aligning the processes around major and minor routes, capacity, costs, rates and pricing etc. which will eventually will enable optimal capacity utilization and increase in business revenue).
  • Do away with the tedious, time-consuming manual tasks.
  • Improve asset efficiency, agility and responsiveness.
  • Better leverage their team skills.
  • Easily reduce revenue leakage / drive higher margins and profitability.

 

 

BoxOn Freight Management Software – Customer-Driven Software

 

BoxOn is built on a modern technology base, flawlessly engineered with high-performance business processes in mind (to fulfil business requirements unique to freight management industry). The modular nature of our software allows our customers to get it deployed as standalone components or multiple components. Any module can be integrated as per your business requirements and can scale as per the needs. It offers increased business process automation, enhances freight rate management capacity, centralized accountability and traceability, real-time collaboration and rule enforcements, adaptability to changing market environment.

For Live DEMO of our freight management software, please, email us to sales@boxonlogistics.com .

Importance of customized shipping software for small shipping business owners

“You are running a small shipping company and you are determined to take your business to the next level but in order to do this, you feel it is necessary to effectively streamline your shipping operations. Someone tells you to make use of a shipping software (or you want to use it as you have seen others using it). You search for vendors and without actually taking into what “generic or off-the-shelf software” may do for you, you buy it and then you discover that it is not a great fit for all your unique business needs. Software you have bought becomes a major hindrance to how you conduct business and eventually brings for you no good. Bad Investment.”

If you do not want this thing to happen to you then it is crucial that you should be very careful and take only customized software solutions.

For Small Shipping Business Owners

As a small shipping business owner, you will have to focus on various things when you actually make investment of any kind. Putting money in something that may not bring for you the benefit you look for can be devastating for your business. Therefore, when you think of automating your business with shipping software then you will have to be very careful as not all the software systems are alike. You will have to concentrate on features you may require or how better it can help your business in different ways. Remember, investing in quality software solutions will bring for you not just the benefits you expect but will also give you a platform on which you can build and enhance your business. Relying on professionally customized software, you can maximize business profit for sure.

Custom Software – Unique in its own way

Your shipping business is unique so your shipping software should be unique too. It should be customized as per your business needs. It should be tailored in a right way to meet the niche requirements of your business team. Effective customization and integration of the programs or tools which may assist you in carrying out various business tasks bring you the opportunity to streamline reports, documents, communication, data sharing etc. Thereby, you reduce time and maximize resources.

  • Much more scalability
  • Effectively streamline your shipping tasks
  • Easy Module Integration
  • Improved Communication / time and resource management / Thereby improving efficiency

Remember, improve in efficiency always equals to a great increase in profit potential.

Role of your service provider

Always consider choosing a shipping software provider who can understand your business requirements and provide you a customized solution which can help you overcome or eliminate inefficiencies in your business. You need to look for a company that take the responsibility of flawless customization and integration processes from start to finish as per your requirements (Your custom software should meet all practical and cultural requirements of your organization). Therefore, take help of the most reliable and the most customer-understanding Shipping Software Firm.

Why rely on BoxOn Shipping Software?

We know that you, as a small shipping business owner, are looking for new opportunities to increase exposure in the marketplace and enhance your business profit without actually exhausting the resources or investing more and more in software requirements. We know that you are looking for a customized shipping business solution to improve your business more and more. So, do not wait. Get in touch with us today.

Our Shipping Software is highly customizable. We give you what you are looking for. Add or Delete Features relevant to your business operations. It is business-friendly and budget-friendly (Its greatest strength lies in its ability to change and adapt to requirements of your business model. It is flexible, easy to be moulded as per your business processes).  

With our customized, rules-driven software, you can run your business as per your business rules (implement new rules, or do away with old ones without you having to spend money on other individual software requirements). You can get the modules you require integrated into the software and enhance your shipping operations perfectly well (integration of QuickBooks / SMS Module etc.).

It is designed and developed on principles of scalability and robustness which make addition or deletion of anything pretty much possible so that you get the benefit you are looking for.

With our customized software,

  • You can easily manage, process, retrieve and store all your shipping data.
  • You can manage information as efficiently as anything across the supply chain.
  • You can bring more accurateness in orders, processing of orders or improve deliveries.
  • You can bring changes in your inventory levels
  • You can easily track the physical movement of your inventory by making use of much smarter tags.
  • You can take informed decisions with accurate tracking of inventory.
  • You can bring in to your shipping business much greater visibility.
  • You can focus more on best practice workflow / effectively optimize the use of your business resources.
  • You can comply with export laws and other regulatory requirements.
  • You can serve your customers well.

Relying on customized BoxOn Shipping Software, you can easily achieve your business goals.