What is parcel management software?

Parcel management software solutions help companies select the right (best) parcel carrier from all contracting carriers. This choice is based on order characteristics (such as weight and size characteristics), delivery rules (such as delivery time and delivery area), and carrier performance, taking into account cost differences across various carrier products. These tools also enable shippers to manage label creation, create shipper lists, provide status messages to customers or customer service representatives, and manage carrier rates."

In addition, parcel management software solutions are often integrated with the company's ERP system and/or warehouse management system (WMS) to create a single, efficient supply chain ecosystem. Orders flow seamlessly across technologies in the ecosystem to establish organizational consistency.

Benefits:

Reduce transportation costs and increase profit per package

Save time

Improve customer satisfaction

Informed Decision Making

Simplify collaboration with supply chain stakeholders

Cost-effective operation scale

Choose an appropriate multi-carrier package management solution

Each function improves the specific transport environment.

Function

Most parcel management software solutions provide basic functionality that unlocks the potential to improve operational efficiency and visibility throughout the supply chain. These may include:

Package contract management

Operator Compliance

Parcel Merge

Label and Document Creation

Package Execution

Real-time package visibility

Report/Analysis

The primary task of shippers is usually cost optimization and the ability to work in large carrier service networks, while in addition to these foundations, the ability to enhance the overall transport process, provide better customer service, and use data more effectively. These parcel management software advanced features may include:

Package optimization

Purchase and Bid Optimization

Automatic Rate Shopping

Payment of parcel freight

Mobile Solutions

Last Mile Delivery

Return and Claims Management

Even the most experienced industry experts will be confused when they seek to implement new parcel management software solutions because of the many features and functions offered by the carrier's parcel management software solutions. Our best advice is to remember that the right solution for your business will be one that expands and shrinks your business, so you always have the functionality you need to execute your order parcel fulfillment strategy.