How Shipping Software Is Good for Shipping Business?

In the shipping industry, choosing a software solution is a vital enterprise for long-term business growth and sustainability. For shipping companies, the biggest challenge is not in finding software, but implementing and making it work with existing technologies and procedures in supply chain technology which includes integrated shipping software solutions has been proven to streamline business processes, reduce cost significantly, and increase revenue many times to achieve organizational goals and ensure that shipping operations are running smoothly and effectively.

In the shipping business sector, choosing a software solution may be a crucial enterprise for long-term business growth and sustainability. It’s thus vital for shipping firms to maneuver through the choice process with knowledge that not all shipping software vendors supply solutions that would address all their operational considerations.

Shipping firms must visualize the golden rule that procuring the latest data technology must not only propel the shipping processes in terms of efficiency and leveraging the business but also reduce operational costs. Proper and adequate pro-active research is required before hauling up the right shipping software. Choosing a software solution that doesn’t cater to the shipping organization’s operational needs would translate in sheer squander of time and valuable resources.

Selecting an efficient and cost effective company means saving profits and reducing operational costs to a significant level.

Shipping software has helped companies in various parts of the world enhance their productivity and competitiveness through better and organized planning and management of their operational activities.

The software offers scalable and efficient solutions to enable carriers maximize profits and reduce operational expenses.

Features of Shipping Software:-

Rate Shopping:

• Queries for current rate information

• Integrates with custom/local and Interactive carriers.

• Rate comparison with other carriers.

• Rate shopping solutions and shipping service deliver significant cost benefits for small business

Multiple ERP Integration:

• Provides seamless integration with ERP systems

• Extracts records from ERP system

• Enables all features & benefits that software possess.

Integrates with Interactive & custom/local carriers

• Real time access to carriers such as FedEx, UPS, USPS, DHL & Custom/Local carrier(If integrated)

• Certified partner of FedEx & UPS

• Provides rates, transit time, delivery date, tracking number, shipping labels

Cost Effective:

• Since its SaaS (Software as a Service) based, It eliminates hardware, software & licenses cost.

• Cuts costs by providing a centralized application, eliminating multiple applications at remote locations

• Allows price/rate shopping on a click of button & fetches best rates available from all the carriers.

• Its centralized application meaning you need not have any extra software/hardware to be pre-installed on your machine.

• Consolidate shipments for the same destination

Real Time Access:

• Real Time access to commercial carriers & status of shipment.

• Tracks shipments not delivered on time

• Shipping rates from the carriers

• Rate compare

• Make shipment

• Void shipment

Batch Processing:

• Save time by generating labels and packing slips in batch

• Future date shipments

• Batch shipment

• Generates labels for printing on thermal printer

Why Shipping Software Is Crucial in Modern Maritime Industry

Liner vessels carry more than 60 percent of cargoes transported by sea each year. Transporting these cargoes involves a network of ships, trucks, and trains moving through several transfer points known as intermodal connectors. Any problem or disruption anywhere in the network can result in shipment delays and increased costs – issues that hurt many shipping companies even until now. Eliminating such problems is the reason why more and more liner ship operators invest in liner shipping software.

Liner vessels such as Roll-on / Roll-off (RoRo), container ships, and break bulk vessels are capable of moving thousands of truckloads of cargo on a single voyage at full capacity. However, managing cargo transport operations can be complicated and may require hundreds of workers to manually perform routines from packing, to warehousing, inventory, loading, transshipping, and discharging of consignments. Integrated shipping software automates time-consuming and labor-intensive processes involved in tracking and managing cargo transport process resulting in increased efficiency, profitability, and reduced overhead.

Marine software solutions can be purchased off-the-shelf and at affordable price from many software houses in the market. These are easy to install, can be customized to fit different business requirements, and can be easily integrated into existing business platforms. Additionally, modern shipping line software have built-in “switching” feature which ensures that operators and their customer are not forced to use on-size-fits-all system.

One example of maritime software application which can be found is container tracking software. Operators use this software application to provide their clients visibility on the actual progress of the cargo transport process, giving them peace of mind knowing that their shipments are in good hands and are delivered on time. It captures real-time reports on container movements including departure, transshipment, and discharging.

To maximize profitability, shipping companies use voyage calculation software to forecast operational costs and income they will generate from each voyage or port call. Also known as voyage accounting software, this application enables operators to calculate all possible expenses including port costs, cargo costs including voyage and bunker costs. Operators can use this information to identify desirable and undesirable freights, manage their cargo mix, increase or decrease volume when necessary, and choose the most cost-effective deployment and rotation of a vessel to ensure profitability. Additionally, operators can use this application to run multiple calculations simultaneously and compare rates in order to determine options with best commercial value.

Shipping software companies continue to develop solutions in order to provide operators with tools they need to automate critical processes and develop strategies to effectively streamline and simplify their operations, reduce overhead, and improve their services. Operators must evaluate their business carefully and decide on the right type of shipping software solution to use.

Logistics Software Solutions Can Benefit Your Company in Three Basic Ways

When companies present their transportation logistics solutions, they have tendency to either engage in corporate speak and not really say much about their solutions or speak with such expertise that they fail to give you a basic understanding of how logistics solutions can benefit your company in a daily way. For small to midsized companies, transportation logistics typically arrives in one of two forms: by a company outsourcing its logistics to a third party logistics (3PL) provider or by implementing logistics software solutions that are available as an online software application.

Given that logistics software offers an easy to use interface can be customized to a company’s particular shipping needs and costs far less than outsourcing to 3PL providers, it’s usually the logistics option of preference for small to midsized companies that don’t have the luxury of a shipping fleet or a large shipping budget. If you’ve heard of logistics software but are looking for a basic understanding of how it can aid your shipping process, we offer the following overview of how logistics-software solutions help companies in terms of freight optimization, shipping route optimization and shipping method integration.

Freight Optimization

For small to midsized companies that regularly ship less than a full freight load of products, freight optimization typically subsists on finding the best less than truckload (LTL) shipping options. LTL shipping is when a shipping carrier lets companies ship partial loads that combine to compose a full truckload. The cost value of LTL shipping comes from shippers splitting the cost of a full freight load. Although less than truck load shipping offers low shipping rates, due to numerous stops for delivery and pick up, it often takes goods longer to reach their destination than in other shipping arrangements. Nevertheless, logistics-software solutions can be used to find less than truckload carrier routes that offer the best delivery time. Because warehouse stops are a common feature of freight shipping, logistics software also offers warehouse optimization capabilities.

Shipping Route Optimization

If you use a 3PL provider, you probably won’t have any idea what shipping routes your carriers are using. But shipping routes are a major factor in determining overall shipping cost. Logistics-software can analyze shipping routes according to multiple criteria, including: length of route, traffic patterns, road quality and construction patterns. One example of how route optimization can decrease shipping cost and improve delivery time is by analyzing routes in terms of travel time. For example, a route that is shortest in distance may be longer than another route in terms of travel time due to traffic patterns.

Shipping Method Integration

Shipping method integration is an unofficial term that refers to the ability of logistics software to suggest integrated shipping methods for the sake of reducing shipping cost and improving delivery time. For example, even though air shipping is traditionally more expensive than ground shipping, logistics software might suggest shipping certain shipments by air due to expensive, unavoidable warehouse fees that would result from ground shipping. In addition, logistics software may make such suggestions as shipping products halfway to their destination by boat and the other half by freight truck.

5 Ways Enterprise Shipping Software Reduce Costs and Mitigate Risks

Enterprise shipping software solutions have been around for quite a while, but some shipping companies including NVOCCs and logistics providers may not have fully understood their impact on modern shipping. Well, when it comes to reducing operational expenses and improving profitability, shipping software plays an essential role.

Here are five key benefits of using integrated software solutions for shipping:

1. Prevent cargo loss or damage by allowing both shipping companies and customers to have complete container visibility while in transit or in carrier-operated warehouses.

This is especially useful for overseas transactions where goods and containers pass through complex supply chain logistics cycles that usually take weeks to complete. Container tracking software give carriers a real-time view of cargo movement, which allows them to track, monitor, and control the entire shipping process. They also make sure that orders are delivered on time and in best condition. Also knows as logistics tracking software, this application enables both carriers and suppliers to give their customers peace of mind by keeping them updated about the exact location and status of their orders.

2. Make best use of container and stowage space to maximize profit.

Operating cost and profit are major considerations when shipping goods. These are also among the reasons large companies idle their smaller vessels and deploy larger, more fuel-efficient carriers, or automate their operations using shipping management software. Doing so enables them to carry greater volumes of shipment in a single port call, which practically reduces their expenses on fuel and maximizes their profit through economies of scale.

At some point, shipping companies have to deal with awkward cargoes that are hard to fit into regular containers. This often results in broken stowage and dead or unutilized container space. Container management software quickly solves this problem. Designed specifically for container fleets, this application automates cargo load planning, optimization, and distribution of container stocks, which improves organization and increases the storage capacity of each container. For non-container cargoes, shipping software companies have also developed customized applications such as bunker management software designed for bunker carriers.

3. Pinpoint existing and potential container damages before they become completely irreversible.

Container damages can result in serious problems during shipment and or transshipments. Container repair software can help carriers pinpoint potential problems in containers and manage the labor-intensive repair process. This includes automating the associated paperwork, sending estimates, tracking status, and billing. Most importantly, this software application enables carriers to act quickly before those problems turn into expensive and extremely dangerous situations.

4. Streamline communication between ships, carriers, and ports, to facilitate seamless execution of everyone involved in the logistics network.

Cheap and streamlined communication is part of every successful shipping transaction. Shipping line software provide easy ways for logistics managers to send and receive messages using various communication devices and channels such as voice, SMS, and email. When problems arise, notifications can be communicated instantly across the supply chain, and those in charge can implement solutions to address issues and keep all operations on track. This capability is extremely important for cargo consolidators who use NVOCC software to constantly communicate with vessel operators from the shore.

5. Ensure that trade rules and regulations are strictly followed.

Every country has its own set of trade regulations for shipping. Sidestepping those regulations can result in penalties that include hefty fines, cancellation of trade license, or even imprisonment. Liner principal software streamlines the trade compliance process by eliminating paperwork to make the whole process fast and hassle-free. Carriers equipped with integrated shipping agency software receive updates on compliance requirements in each country or trade route. This helps to ensure that every segment of the supply chain has been appraised and well-informed of compliance requirements.

They say “an ounce of prevention is better than a pound of cure”. This saying is worth some serious reflection especially when it comes to container or bulk shipping where small glitches can easily develop into extremely expensive and irreversible damages. The initial investments for liner shipping software implementation can be overwhelming at first, but when long-term profitability and competitiveness are on the line, it is certainly worth serious consideration.