What is transportation and logistics software, its types, benefits, and development cost? Transportation and logistics are ever-growing sectors that act as the cornerstone of the global economy, enabling the movement of goods and services from one place to another.
However, to be successful in the modern transportation industry, businesses must monitor and analyze their daily operations and data to identify inefficiencies that can lead to higher customer dissatisfaction and expenses.
However, implementing tailor-made transportation and logistics software in your transportation business will help manage the planning and faster delivery of goods as well as mitigate human errors through automation.
In this blog, we are going to cover everything you need to know about digitalizing your transportation and logistics business through software development.
What is Transportation and Logistics Software?
Transportation and logistics software refers to the software application that can help plan, execute, and optimize the goods and services transportation, as well as manage and optimize supply chain and logistics.
Read: How Will Blockchain and IoT Impact Supply Chain & Logistics
Transportation software solutions are part of Enterprise Resource Planning (ERP) systems. It brings transparency into documentation, daily transportation, and compliance information to deliver goods within the given time frame for delivery.
Read: Software Development Challenges and Solutions
Not only that but transportation and logistics software also helps businesses in route analyzing, location tracking, resource tracking, performance management, shipment efficiency, reduced transport expenses, and profitability improvement.
Must-have features for transportation and logistics software:
-
Order Processing
-
Multi-User Architecture
-
Shipment Rate Management
-
Invoicing
-
Real-time inventory control
-
Invoicing
-
Load Planning
-
Fleet Management
-
Comprehensive Reporting
-
Dock Scheduling
-
Real-time Shipment Tracking
-
Comprehensive Reporting
-
Manage third-party logistics
-
Freight Tracking
-
Route Planning
-
Asset Management
Top 7 Types of Transportation and Logistics Software Development
Here is the list of Top 7 Types of Transportation and Logistics Software.
1. Transportation Management System
2. Fleet Management System
3. GPS Vehicle Tracking System
4. Warehouse Management System
5. Logistics ERP System
6. Logistics ERP System
7. Supply Chain Management System
To assist you in finding the right software for your transportation business, we have described some of the majorly used transportation and logistics software in the market.
Transportation Management System
It is the software used to plan the execution and optimization of goods transportation. A transportation management system or TMS is a subset of supply chain management that manages the needs of the shipment of cargo and products.
Fleet Management System
This software is used to manage commercial vehicles like trucks, vans, cars, trailers, etc. It provides an administrative approach for the companies to coordinate and organize commercial vehicles to improve efficiency, comply with government regulations, and reduce overall costs.
GPS Vehicle Tracking System
It requires the installation of a tracking device in the commercial vehicle to monitor vehicle location, optimize vehicle maintenance, and track fuel consumption to gain real-time insights on possible movements and delays. It allows companies to reroute packages for faster delivery easily.
Warehouse Management System
This software allows companies to administer and control warehouse operations. It also streamlines warehouse organization, inventory management, order fulfillment, etc. to provide unparalleled control and transparency over the activities of the warehouse.
Read: Global Business Management Software Development
Logistics ERP System
ERP software in logistics helps your business to manage inventory, improve distribution, and manage staff effectively. Logistics ERP system assists in improving distribution channels and distribution times. It can help extract historical data about customer reviews or social media stored in the database of the company and analyze it for making better decisions and improving the delivery process.
Read: ERP Application Development
Supply Chain Management System
It refers to the software that streamlines, manages, and tracks the entire supply chain process. Supply chain management systems also assist businesses in reacting instantaneously to demand changes, optimizing inventory costs, and mitigating supply chain bottlenecks.
Read: How to Develop a Logistics Management System
.png)
Benefits of Using Transportation and Logistics Software
Now that we have a better understanding of transportation and logistics software and its types. Let’s take a look at the benefits it can offer to the modern transportation business.
-
Optimized Customer Demands: Using historical and current data, transportation and logistics software with big data analytics and machine learning tools can predict customer demands for supply that help them in optimizing their products and services accordingly.
-
Fewer Disruptions: With transportation and logistics software businesses can also anticipate demand spikes, political unrest, labor shortages, weather forecasts, and more to be ready for delays and face fewer disruptions in their operations.
-
Improved Efficiency: Transportation and logistics software also assist businesses in managing their assets and processes from the centralized platform with the least time, cost, and effort to improve the efficiency of business operations.
-
Process Automation: Industry 4.0 is all about automation and using transportation and logistics software with AI, ML, and IoT along with other automation tools, a business can increase productivity, track goods in real-time, engage employees in more important tasks, optimize routes, etc.
-
Cost Optimization: Complying with regulations, optimizing processes, and taking preventive measures using data analytics in transportation and logistics software will help businesses reduce their operational costs.
-
Zero Human Errors: No matter how experienced and skilled your employees are, they are still bound to make mistakes now and then. However, using software for transportation and logistics management can assist in reducing human errors.
-
Performance Analysis: Transportation software can also conduct performance analysis over a period of time and provide insights on the setbacks and bottlenecks a business might have experienced so that it can improve overall performance with better decision-making.
Cost of Transportation and Logistics Software Development
Developing transportation and logistics software can cost anywhere from $30,000 to $200,000. This cost entirely depends on the software complexity, team size, underlying tools and technologies, UI/UX design, Maintenance, Feature, Hourly rates, and experience of the development team.
Read: Financial Software Development Cost
However, to get the accurate cost of the software development for your transportation business, you will need to identify your requirements, create prototypes and documentation for the software requirements, and share them with industry experts.
How can Decipher Zone Help in Transportation and Logistics Software Development?
As a transportation and logistics solution provider, we at Decipher Zone can help you automate your business processes, data capabilities, operational transparency, and data security. Our team specializes in increasing profitability and scaling transportation business within your budget.
Our developers will provide you with quality software development using agile methodologies with round-the-clock support. So what are you waiting for? Get in touch with us now!
FAQs: Transportation and Logistics Software Development
What is transportation and logistics software development?
Transportation and logistics software refers to the software application that can help plan, execute, and optimize the goods and services transportation, as well as manage and optimize supply chain and logistics.
What software do transport and logistics companies use?
Transportation companies can use Transportation Management, Fleet Management, GPS Vehicle Tracking, Warehouse Management, Logistics ERP, and Supply Chain Management software.
What is the cost of developing transportation and logistics software?
Developing transportation and logistics software can cost anywhere from $30,000 to $200,000.