Posts Tagged ‘Banking’

What is the Cost for Custom Logistics Software Development

September 23rd, 2022

Transportation is the backbone of the global economy,Guest Posting and is a necessity for all the industries. The transportation and logistics industry is always keen to adopt technologies to streamline their operations. Many transporters prefer using fleet management solutions while others are opting for custom logistics software development. However, both options have their pros and cons. But, we’ll go through it in the later part of this article.
What is a Logistics Management Software?

logistics management software is an umbrella term for all sorts of software solutions that help T&L (Transportation and Logistics) companies deal with both inbound (procurement), goods handling (warehousing), and outbound (shipping) activities. The ultimate goals of logistics management softwares are to:

Improve shipping efficiency
Make logistics process transparent
Reduce transportation cost
Enhance customer satisfaction

Market Overview for Logistics Management Softwares

Emerging technologies such as cloud computing, Internet of Things, and AI, facilitate a flourishing future for the logistics management software market. The demand for logistics software solutions is increasing due to availability of emerging digital technologies for a much lower price as compared to the past. Hence, more and more Transportation & Logistic businesses are realizing significant business value in investing in logistics management softwares.

Logistics Team Assist Your Corporation

June 23rd, 2022

You can’t deny it, a sinking economy, escalating diesel prices & having to fight against manufacturers that are outsourcing overseas means certain disaster for US manufacturers, unless they wake up and do something completely different.

Savvy management comprehend that they need to do something completely different if they are going to remain competitive, and hang in there until the economy improves. Pay close attention to this profound statement from one of the most brilliant minds of the twentieth century.

What is an American manufacturer to do?

What if there was a way to grow revenues, boost cash flow, limit waste and reorganize your employee talent to where it could be better utilized, all without sacrificing quality, service or performance?

Quite infeasible?

Consider this for a moment, because Fortune 100 corporations have been stealthily benefiting from this unnoticed goldmine for for almost a century. How do they do it?

The key to their success is outsourcing their transportation management to a logistics firm.

What exactly is a logistics service?

Pretend for a moment that you have a group of highly trained transportation specialists at your beck and call. But perhaps you are saying to yourself right now, “I can’t afford that”.

Now what does that do to your transportation management budget? If you think about it, you can’t really lose. A logistical team is only paid on a percentage basis of the money saved for each invoice. Talk about having an incentive for a 3pl to look out after your best interests.

How Much Money Could A Logistics Service Potentially Save On My Transportation Costs?

Did you know that the usual business saves about 34% on their shipping costs after teaming up with a logistics management service?

What is a typical months worth of freight invoices running your business? Just for an example, let’s say you are currently spending $ 50,000 a month on freight. That equates in a savings of about $204,000.00 a year. That certainly adds up quickly doesn’t it? Remember that is only hard dollar savings so far. We did not even address the soft dollar savings from outsourcing personnel & cutting inefficiencies.

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