Should Liners Invest in Shipping Software Solutions?

Greater efficiency is the top priority of most shipping companies nowadays. With skyrocketing fuel prices and growing market competition, vessel operators are looking for better ways to cut operational expenses while keeping their revenues up. To make this possible, the shipping industry is constantly moving toward greater technological integration to automate various aspects of a shipping process. For this reason, marine software companies have developed various types of shipping software solutions for port and on-ship activities.

Every year, millions of tons of cargoes are being moved by shipping lines on various vessels including RoRo, container, and multipurpose vessels. Moving these goods involves many parties and complex processes. To accommodate the increasing complexities involved in port and vessel operations, hipping software companies have developed maritime software solutions which have greatly increased efficiencies.

For instance, modern merchant vessels use container tracking software to track actual locations of containers and provide their clients real-time view of the actual progress of a container transport process. Automated updates of container and cargo events can be sent to the relevant parties to provide full visibility to them.

Aside from container tracking software, modern shipping lines are also equipped with software applications that help them maximize revenue from each voyage or port call. Voyage calculation software also known as voyage accounting software allows vessel operators to forecast expenses, and revenue they can generate from each shipment and port call. Using this software, operators can make quick calculations of direct cargo related expenses and indirect expenses like fuel expenses, harbor dues, canal fees, and other costs involved in the process. This enables them to manage their cargo mix and simulate the impact contributions of different cargo mixes, port rotations and vessel speeds. Operators can also make simultaneous calculations of costs using different ships and routes and choose transactions they deem to provide the best commercial value.

Cargo safety is always a top priority when transporting containers. To ensure that this is achieved in every trip, operators need to ensure that their container fleet is properly maintained and repaired. With integrated container repair software carriers have full visibility of container damages. Container repair software allows them to quickly authorize and validate repairs, check warranties, identify improper repairs and locations where the equipment is not properly handled. This will ensure that ‘black sheeps’ amongst repair shops.

Integrated shipping software allows shipping companies to increase the efficiency of their operations both on the shore and off. They are available in platforms which can be integrated into a vessel’s existing system without doing any expensive reprogramming. While some marine software solutions can be expensive, operators can easily make back the difference in cost of their investment. However, operators must choose shipping software companies which provide quality shipping software products and after-sales service so that they can benefit most from their investment.

Transport Software Solutions – Frequently Asked Questions

Shipping software – also known as freight management software and transport software – offers an economic way for companies to handle their own shipping logistics. Shipping software offers the transport software solutions that a company would receive through a logistics department or a 3PL provider, but at less cost. Yet, due to its relative newness, some shippers have misconceptions about the software that prevents them from experiencing its benefits. Below, we answer some frequently asked questions regarding transport software solutions to lay these misconceptions to rest.

Does Shipping Software Require Logistics Expertise to Operate?

One of the greatest advantages of shipping software is that it doesn’t require logistics expertise of its users. Therefore, a company can become its own logistics provider without hiring in house logistics experts. After evaluating all potential shipping options to determine the best options for a given situation, the software presents its findings through an easy to access user interface.

Is the Software Created by People With Experience in the Shipping Industry?

Shipping software companies are technically software companies. But, in most cases, their management has direct experience in the corporate side of the shipping industry. As its name suggests, the software is designed to evaluate the shipping process from a logistical standpoint, which it does with precision regardless of its producer’s corporate identity.

Does the Software Offer a One-Size-Fits-All Solution?

Like many types of software that are available on a SaaS model, shipping software is offered in both a ready to implement version and as a tailored software solution that reflects a company’s shipping process. For example, if a company has both truckload (TL) and less than truckload (LTL) shipping needs due to a production process that sees parts travel to various manufacturing locations, shipping software can be designed to offer the best shipping arrangements for this process.

What Happens if a Company’s Shipping Needs Change?

Because it’s natural for a company’s shipping needs to change as it grows, produces new products, or explores new business options, transportation software can be edited to accommodate a company’s changing shipping needs. Changes made to a company’s shipping software make take as little as minutes or as long as a few days.

Exactly How Does Shipping Software Save Companies Money?

First, the software saves companies money by doing the same work as a logistics expert or a 3PL provider while costing much less. Second, it saves companies money by assessing a broader range of shipping options than 3PL providers, who prefer solutions that fall within their greatest financial interest. Third, it saves companies money by offering integrated shipping solutions (i.e. air, road, rail, and sea), which is uncommon among most 3PL providers.

ERP Software Solutions: Everything You Need To Know About It

ERP is an acronym of enterprise resource planning solutions, and in India it has let the best impact on the different areas of business. Online business has the different parameters of profits and growing business. ERP is a great option in building an effective human resource along with the strategic alignment and finance management. Besides this it also takes care of the incoming and outgoing data, and hence, it is very easy to manage your business with this solution and avoid any implementation of integrated system.

What makes the Enterprise resource planning solutions out of the box is that you can create accounts on the production plans, by enumerating the basic factors like material availability, stock requirement, and order positions. Further it helps in assisting all the management plans and giving way to the urgent requirements and ad-hoc needs, which is an important section in any firm. Moreover, ERP solutions has given a new direction to working methodology of stake holders, whether they are at the root level, top management, supervisors, or senior managers. Thus, with this solution people have reported that a great improvements in many areas, such as productivity, efficiency, production, finance, accounts and other areas.

You can ERP solutions in all kinds of firms, be it a small scale industry or a large scale industry. It is a complete solution that covers up all everything, right from the customization to everything you need to run a company. If you happen to find any dissatisfaction to the services of the company, then you can also have access to report dissatisfaction complaints. You can also find details such as tax, excise, sales, purchase, and inventory etc. When it comes to the security it is one of the best services ever found. Thus, you can choose ERP solutions if you want to have wonderful benefits and immense productivity.

Features

•One of the great features of ERP software solutions is that it manages the list of both vendors and customers.
•It provides the precise financial administration
•It directs to human resource management. It stands exclusive in managing with human resource, like employees, legal reporting and a few other sections.
•Demand and supply is monitored well and you get to frame the entire design and fulfillment of the customers.
•Strengthens the customer relationship management- as customers are the most important segment of any business, so ERP solutions establish a strong customer database.
•ERP solutions skillfully handle data management and give you the permission of accessing the website whenever you require.

Software Modules

– Finance Modules: Finance modules help you to monitor all the financial activities in your firm. It records all the transactions made.

– Inventory management Module: It manages the gestures of inventory department for example delivery of goods, rejection and acceptance, and classifying materials.

– Manufacturing Module: records all details of manufacturing affairs

– Marketing Module: comprehends the marketing tasks.

– Sales and purchase Module: It handles it sales and purchase tasks such as order shipping, sales returns, production planning and inventory control.