eTower Logistics ERP

What is Logistics ERP?

Logistics ERP (Enterprise Resource Planning) is an enterprise resource planning system that focuses on logistics and supply chain management. It is able to solve many problems related to logistics and supply chain, providing comprehensive solutions to help enterprises improve efficiency, reduce costs and enhance competitiveness. 

What problems can Logistics ERP solve?

● Inventory Management: Logistics ERP can track inventory levels and optimize inventory processes to help companies achieve better inventory control and reduce overstock or shortages.

● Order Processing: By automating order processing, Logistics ERP can improve customer satisfaction by increasing order accuracy and speed of processing and reducing error rates.

● Supply Chain Visibility: Logistics ERP provides real-time supply chain information and analytics that enable organizations to better understand their entire supply chain, allowing them to respond more flexibly to changes and demand fluctuations.

● Transportation Management: Logistics ERP helps achieve more efficient logistics by optimizing transportation routes, reducing transportation costs, and improving delivery efficiency.

● Cost Control: By monitoring and analyzing data at every stage of the process, Logistics ERP helps companies reduce operating costs and increase profits.

● Information Integration: Logistics ERP integrates information from various departments and business processes to improve internal communication and collaboration and reduce information silos.

● Risk Management: By tracking data from all parts of the supply chain, Logistics ERP helps identify potential risks and take preventative measures to ensure business stability.

● Customer Service: By providing accurate inventory and order information, Logistics ERP helps improve customer service levels and increase customer satisfaction.

Overall, Logistics ERP improves the operational efficiency of business, reduces costs and enhances competitiveness by integrating and optimizing the logistics and supply chain management of an enterprise.

Benefits of ERP for Logistics and Distribution Industries

Logistics forms a vital part of any company regularly dealing with the multi-echelon, global supply chain. The right logistics system can manage transportation operations, track vehicle maintenance, determine optimized routes and maps for shipping, and organize warehouse workflows.

Enterprise resource planning (ERP) is one valuable tool for better managing your logistics when dealing with wholesale or distribution trades. This integrated suite of business applications automates day-to-day operations such as accounting, human resources (HR), and customer relationship management (CRM). Yet it can also improve your company’s logistics through inventory and supply chain management.

Reduced Expenses

ERP solutions provide precise data in real-time, enabling organizations to take better, more accurate decisions to curtail their monthly expenditure.

Decision-makers no longer have to wait to get important information or feedback, allowing them to resolve issues and take corrective actions wherever required.

This can be done as soon as it is required so that the problem does not blow up into a huge expense for the company.

Eventually, this translates into enhanced productivity each month.

● Customer Portal

A robust ERP for logistics industry includes a customer or vendor portal to enable easy login and prompt and effective monitoring of all aligned processes.

Communication is integrated via email or secure SMS so that the user gets updates directly in their profiles.

Portals with secure logins for registered users allow stakeholders to know the status of logistics, among other things.

● Inventory Control and Stock Visibility

It is crucial that you have absolute control over inventory to ensure that there is operational efficiency in logistics and transportation.

The sales tally, stocks, current requests, and deliveries on the route are the most important elements of your inventory that you need to keep track of.

Thanks to the inventory management module in your ERP system, all this information is available to you in a single dashboard; now you won’t miss any important detail about your inventory.

You also have a robust tool with which you can smoothly handle inbound and outbound orders.

With just a few clicks, you can see what items you have in your inventory and what is stocked out, allowing you to make quick decisions when placing orders.

● Financial Reporting

This is one of the most important advantages of implementing ERP system in logistics.

The accounting tools in Tranquil help to keep track of revenue and expenses so that you can balance your accounts receivables and accounts payables.

It also generates automated reports, categorized by location, employee, profit centre, or whatever parameters or KPIs you select.

This extra information enables decision-makers in the supply chain to restructure logistics processes to enhance efficiency.

It will also facilitate the quick identifying of causes of profit loss, which in turn will help with planning to compensate for those problems.

Tranquil has robust budgeting and forecasting functions which help logistics as it enables the management to create in-depth corporate financial plans.

These plans can aid in the estimation of the company’s expenditure and income in the future, as the financial reporting tools include not only workforce planning but also predictive budgeting.

● Easy Maintenance

The biggest assets in the logistics and transport field are the vehicles used for transport, and next, the individuals in charge of the vehicles.

With the logistics networks becoming more complex, the maintenance and planning of transit schedules become cumbersome.

In time, these complexities can negatively impact the logistics business significantly.

Thanks to ERP software like Tranquil, however, it can become easy for a business to hand over complete control and visibility to the entire supply chain or logistics network.

Eventually, this translates into greater operational fluency for the business.

● Improved Distribution Management

ERP software for the logistics industry ensures improved channels of distribution and faster distribution times.

It can be configured to extract data from historical data stored in the company’s systems, customer reviews, or from social media so that the delive