Third party logistics (3PL) software is an effective communication tool to improve communication between you, your clients, and what’s in your warehouse. It is an advanced supply chain management tool that provides an easy and organized way to keep your customers in contact with their customers. With the help of the software the users will be able to respond in both efficient and cost-effective ways as customer expectations change over time. Moreover, with the software you will know the status of your assets and inventory at any time, track and bill for all activities involved with running your warehouse, and also improve the service level and IT capabilities you provide to your clients.
Key features
Third party logistics software tool performs various functions including task management, advanced billing and tracking options, multi customer support, customer profiling, and web reporting services. It also provides services for inventory management, order handling, catalogs, pricing, kitting or light manufacturing, transportation, returns processing and salvage, invoicing, activity billing and external sales support.
Here follows the common benefits of third party logistics software
- Third party logistics software application will help manage each warehouse task and collect billable activities for specific on floor activities including receiving, put away, moves, inventory, and picking.
- The software is able to provide multi customer support, the ability to create customer and sub-customer relationships.
- Third party logistics software tool makes the system centralized by allowing clients to manage all of their customers from one warehouse.
- The software also does customer profiling.
- A web based 3PL tool helps increase customer interaction involving inventory view, shipping, receiving orders, order management, and reports.
- The software also performs billing for specific environments and tasks including Supports fee structures for pallet handling, weight handling, hazardous material handling, miscellaneous handling, multiple storage types (A, B, daily), as well as additional user-defined fees. Furthermore, billable periods can be daily, weekly, biweekly, monthly, quarterly, etc.
Thus, through theses activities the software provides services to win new business and expand existing business by offering new capabilities that go beyond the traditional receiving, storing, picking and shipping.
The software is a sales tool and a competitive edge, which will help you run your business more effectively and implement client by client services to accommodate their widely varying requirements.
Common modules
An advanced 3PL software comes with the following modules:
- ASCTrac Warehouse Management (very extensive)
- 3PL Labor Management Module
- Real time visibility for the Vendor Managed Inventory
- Fully integrated to the other ASC modules for ERP
- Complete tracking and costing for the ERP solution
- 3PL Invoicing (initial and recurring invoices)
- 3PL Costing Module (new)
- Demand Planning and Forecasting
- ASCTrac 3rd Party Logistics Module
- Parcel Shipping, Mass mailing, 3PL pricing for shipping services
- Work In Process Labor Tracking
- EDI connectivity for ASN’s, RFID, etc.
- and many more feature
Thus, with the help of the 3PL software you will be able to handle complex client-product relationships including allocations, substitutes, complementary items for up-selling, pricing, credit card processing, and more. So, introduce the software into your business and make your system modern and fast.