What Is Logistics Management?
Table of Contents
Logistics Management is responsible for ensuring the most cost-efficient flow of goods from the point of origin (i.e., factory) to end-customers (i.e., store). The more efficient Logistics Management is, the more money you can not only save but also make. Read on to discover how logistics management software helps businesses do more with less.
Logistics Management Processes
Logistics Management includes multiple processes:
- Route planning
- Transportation management
- Remote team management
- Customer management
- Inventory and warehouse management
Logistics Management Software
Logistics Management Software incorporates a delivery route planner as a core feature. It’s designed to help businesses cut costs and improve fleet resource distribution by enabling them to automate and streamline route planning by quickly finding the solution to the Vehicle Route Problem (VRP) and the Traveling Salesman Problem (TSP) – two complex combinatorial problems that require a lot of time to solve manually.
Logistics Management Software also collects routing data and generates reports containing actionable insights to help logistics managers make better data-driven decisions.
Logistics Management Optimization Benefits
Logistics Management optimization solutions help businesses generate more revenue and cut costs through optimizing the last mile with its delivery route planner capabilities. Companies that choose to implement such a solution can leverage the following benefits:
- Minimizing unnecessary spending
- Improving order delivery management
- Reducing transportation costs
- Streamlining fleet management
- Boosting staff performance
- Making fleet resource administration more efficient
- Decreasing your environmental footprint