In the transportation and logistics industry, timing is critical. Without dedicated freight services, the bulk import and export of goods and products worldwide would not be possible. Like many other industries, transport companies rely on controlling and maintaining all processes smoothly, including customer reports, financial management and stock tracking. If all these processes can be combined in the same place, strategy can be streamlined, and efficiency targets can be achieved. ERP for transportation and logistics companies can incorporate actionable data, control of inventory and generate corporate agility from one centralised platform.
In Dynamics 365 from QUANTIQ, transportation companies can enjoy enhanced efficiency through the Finance and Supply Chain Management applications. The functionality available for Transportation management allow companies to plan financial, logistics and vendor and routing solutions. And Dynamics 365 doesn’t just monitor and manage processes. Because Dynamics 365 is an AI-powered tool, it continually learns your processes and identifies how to improve them, reduce costs and streamline operations.
How can ERP for transport companies help with achieving efficiency targets?
Efficient planning of inbound and outbound transportation:
A key requirement for transport companies is constant improvement of services, time taken to complete deliveries and cost of jobs. Optimisation must remain the primary focus, ensuring efficiency and budget targets are met simultaneously. This involves monitoring of all aspects of the transportation process to assess where potential for improvement might lie. Supply chain management is simplified with Dynamics 365, which allows transport companies to keep track of their assets and vehicles. Additionally, using date requirements, cost and equipment capacity, optimised transportation is presented when delivering products to customers.
Today, with so many delivery options available for the transportation of goods, customers expect on-time delivery with no delays. With Dynamics 365, transport companies are able to calculate optimal routes based on all of the factors which might impact upon delivery time, allowing the fastest route to be selected. This route optimisation helps to attain efficiency targets and ensure that company reputation and client relations are maintained.
Staying on top of inventory:
Keeping track of assets is vital to the success and efficiency of any logistics company. Dynamics 365 Supply Chain enables easy inventory and stock-check, including the dates and times of order shipments. Planning and responding to deliveries is facilitated, as well as an automated (and highly accurate) inventory replenishment process, which can cause a loss of millions in revenue each year if performed incorrectly.
Integration of communication:
One of the key advantages of ERP in improving the efficiency of transport companies is the benefit of maintaining relevant data in cloud form rather than in manual files. This means that information can be passed more easily to each party. For instance, information about delivery addresses and destinations, traffic flow etc. which affect distribution time can be sent from one centralised hub, facilitating easier communication between vendor, courier and supplier.
From optimising transport routes, enhancing communication and monitoring inventory, there are so many ways to achieve enhance efficiency and stay within your budget targets with ERP for transport companies. To speak to a member of our expert team, get in touch with QUANTIQ today.