Best Logistics Software in May 2022

Logistics software is a type of enterprise software that helps businesses manage their supply chains and inventory. It is a valuable tool to track product inventory, orders, locations and deliveries in real-time, generate KPI reports and manage customer data.

Investing in logistics software solutions can also be cost-effective as it phases out the dependency on expensive third-party logistics (3PLs) providers.

Robust logistics software is vital for B2B and B2C businesses to deal with the challenges of omnichannel fulfillment. It removes supply chain bottlenecks by automating shipping and transportation, tracking inventory in real-time, and speeding up delivery times. Logistics software for small business improves efficiency and saves money by streamlining operations and better allocation of resources.

Order Management

Efficient order and billing management coupled with real-time tracking of shipments can make for worry-free supply chain operations. Automation of these processes will not just track inventory, invoices, and payments, but will also help identify and resolve supply chain bottlenecks.

Warehouse Management

Warehouse management is critical to the supply chain process as it helps streamline operations, improve efficiency and save money. Good logistics software will have features like automation of purchase orders, labeling and shipping, real-time package tracking and KPI reporting and analysis.

Seamless ERP and E-commerce Integration

The best logistics software will provide tools to seamlessly integrate the company’s existing ERP and e-commerce platforms into its system. This integration will centralize supply chain operations, streamline the ordering and fulfillment process and ensure optimum inventory tracking.

Real-time Supply Chain Visibility

Software for logistics management provides real-time updates for each element in the supply chain. With the real-time tracking feature, businesses can quickly resolve customer issues and misplaced products, manage inventory, make on-the-spot decisions and create instant reports for future use.

Forecasting

Forecasting is a crucial component of any logistics management software. Using the forecasting feature, companies can predict customer demand, plan production and allocate resources appropriately. This in turn helps businesses avoid stockouts, optimize delivery schedules and minimize shipping costs.

Mobility Solutions

A user-friendly mobile app is one of the biggest reasons for investing in logistics software. Stakeholders can access real-time alerts on their smartphones to quickly resolve supply chain bottlenecks and disruptions. It's especially vital for businesses that have field staff or work in warehouse settings.

Reporting and Analytics

Data empowers companies to assess performance, evaluate operations and analyze production processes. An innovative logistics software will provide reporting and analytic tools to track KPIs and other performance metrics. These tools will use real-time data to make required adjustments to increase efficiency, optimize operations and boost savings.