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Transportation and Warehousing
Here, you'll find links to the information and resources you need to make an informed Transportation and Warehousing software selection:
The transportation industry moves goods in a number of ways: via land, ocean, or air. As the product is moved from location to final destination, successful delivery operations are vital for an organization’s financial bottom line. The link between the organization’s warehouse and its transportation operations need to be well coordinated for efficient product movement. Processes in the transportation industry must accurately reflect the scope of its customers’ needs and accommodate changes to those needs according to market trends and consumer behavior.
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Warehouse operations can involve either a third-party organization holding the inventory of a company to make up for a lack of storage space, to reduce the overall cost of warehouse operations, or to allow the company to focus on its core competencies. Warehouses are designed to move and store goods—whether finished goods or semi-finished products such as components or parts—and transact these goods in and out of the physical location to a final destination (or to another warehouse). For successful product delivery, the transportation and warehouse sides of a business need to be robust enough to handle any kind of disturbance within the organization’s production to distribution processes.
As in any industry, companies in the transportation and warehouse industry have their own unique challenges to tackle:
Having end-to-end visibility and communication in order to fulfill customer demand and meet customer expectations is more vital than ever, as the operations of many companies are now on a global scale.
Staying compliant with international regulations is more and more essential as boundaries for moving materials are extended geographically.
Increasing efficiency and minimizing waste within warehouse and transportation operations is crucial, in order to minimize direct impact on the bottom line.
Defining operations well in order to provide leading-edge services to customers and stay competitive.
Maintaining and updating documentation at the source and at the delivery location is important for maintaining customer satisfaction and complying with governmental regulations.
Having the flexibility to change routing or create a new pickup route for items based on changes in the delivery plan is not possible for many transportation organizations.
Rising fuel costs will impact profits if the most efficient and fastest routes from the warehouse or distribution center to the final destination are not planned.
Needing to communicate to all parties involved information related to freight, shipment durations, and the conditions of items on the move.
Avoiding complications in the supply chain, which requires new tools with functionality that most companies have never had in place before, such as global positioning system (GPS) navigation and tracking; load visibility; and computerized or “manless” conveyor systems in storage facilities for the movement of goods.
In short, the above challenges for transportation and warehousing businesses can be handled with appropriate business solutions. By using these solutions, an organization can optimize its operations, provide end-to-end visibility, and acquire the ability to collaborate with production facilities, customers, suppliers, and vendors. Business solutions designed with the functionality to help transportation and warehousing operations achieve their business objectives can be used alone or in combination, including: enterprise resource planning (ERP) systems; warehouse management systems (WMSs); and transportation management systems (TMSs).
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CMMS - EAM
Warehouse Management Systems (WMS)
Transportation Management Systems
ERP - Distribution
Benefits of Using Software Solutions for Transportation and Warehousing
Having a TMS solution in place can help organizations improve the efficiency of all modes of transportation and optimize the number of vehicles involved (i.e., fleet management).
With TMS applications, organizations can prioritize which items need to be handled for more efficient movement of products and materials.
As products are being moved the organization can use TMS functionality, such as multimode modeling and capacity planning, to effectively schedule all modes of transportation and use the appropriate channels to meet the delivery requirements.
TMS functionality can help organizations calculate the optimal disposition of goods and determine the correct weights, volumes, and capacities available within each method of shipment.
WMS applications can help maximize the use of warehouse space, by enhancing operations and creating optimal space for products.
TMS and WMS functionalities used together can improve the quality of services and support that wholesalers and manufacturers provide.
With the correct and appropriate business processes within the warehouse, in combination with WMS functionality, inventory visibility and accuracy can be improved.
By integrating WMS applications with ERP systems, enhanced delivery and order fulfillment can be more easily achieved.
ERP, WMS, and TMS integration can help organizations reduce their inventory levels and increase asset turnover.
As products move through the value chain, TMS and WMS applications can minimize errors by identifying, tracking, and solving problems between manufactures and suppliers.
THE RISKS OF A FLAWED TRANSPORTATION AND WAREHOUSING SOFTWARE SELECTION PROCESS
If companies are working with ERP, WMS, and TMS applications that are not integrated, the operational bottom line can be drastically affected—for example, if any miscommunication happens upon delivery.
Organizations without an effective TMS can run into serious logistical disruptions, such as scheduling multiple methods of transportation for the same delivery orders.
The lack of appropriate solutions can considerably decrease profit margins for warehouse and transportation organizations, due to breakdowns in the information communicated between distributors and manufactures.
Obsolete inventory at warehouse locations could mean a financial liability for the organization due to their being non-value-added assets. Therefore, it’s crucial for an organization to have solutions in place that can manage all assets (in stock, in process, and in transit).
If an organization cannot locate and ship its products in time, it will have decreased order fulfillment rates which will have an impact on an organization’s customer service levels, affecting the bottom line.
The inability to have the right product, at the right place, at the right time can result in lost profit margin and market share.
Why use the Transportation and Warehousing Evaluation Center?
Determine which functional aspects of a Transportation and Warehousing solution are priorities for your business.
Evaluate and understand the functionality that addresses Transportation and Warehousing requirements.
Find the Transportation and Warehousing solutions that are most likely to serve your business.
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