Friday, August 29, 2014

Logistics Tracking Software as A Means To A Profitable End



Managing the operations of a container shipping company (small or large) entails a lot of responsibilities. As an operator, not only should you make sure that goods arrive on schedule but you may also need to oversee other facets of the operation.
Liner shipping management is a tough job, especially when you need to consider such aspects as vessel and repair management.

Software systems are now available in the IT market, giving industry players a whole range of options that will benefit their businesses and clients by keeping track of cargo from departure to docking. Carriers have tapped a whole range of software packages that can efficiently facilitate and streamline important processes ranging from real-time vessel tracking to bunker management.

On the other hand, shipping agents also have to contend with a set of issues as well, the least of which is keeping tabs on the storage of their principals’ stocks through a system that enables real-time reporting done through automation.

Aside from operational maintenance, considerable attention should also be cast on managing finances. You want to make sure that every movement of a container or box maintains profitability. Moreover, keeping track of logistical processes ensures that your principals’ goods are in safe hands and thus guarantees customer satisfaction.

With an efficient logistics tracking software in place, shipping agents can effectively manage stock quantities. Through such an application, agents can provide updated reports to their principals without passing through errors typical in the movement of large containers taking into account lost and damaged items as well as stock locations and rented equipment.

But another problem entails a financial brunt on principals and customers alike. Fees for demurrage and detention of containers and equipment, if not managed and tracked properly, could only lead to reduced revenue. It is a must that agents make use of a sound software system that makes sure revenue data is updated. It is also crucial to manage stock invoices that can reflect that fees for detention and demurrage are properly met without any manual intervention on the part of the agents.

As we can see, having a logistics tracking software not only ensures your principals’ goods are being accounted for. It also makes sure that disruption on profitability is reduced. By appropriately billing customers through an automated system of invoice sending stock invoices, you are guaranteed of a steady influx of cash that will keep your operations running.

Logistics is one of many vital components that we can never overlook, and having the right and complete software package for the job would do you good.