There’s a reason ERP software is a multi-billion dollar industry.
And, the supply chain industry is at the forefront.
That’s because ERP BI solutions offer better end-to-end visibility to supply chains. ERP software provides shippers and vendors a way to track shipment real-time.
Today, we see companies like Amazon and Wal-Mart lead the trend in tracking shipments in the B2C sector.
Now, these capabilities are possible for B2B transactions with ERP BI solutions, which is why 81% of organizations are in the process of implementing ERP.
ERP BI software provides a streamlined way for logistics companies to manage their finances from payroll to vendor management. It transforms day-to-day activities into actionable, manageable tasks. It’s the logical next step for the transportation industry.
Here are a few examples of how ERP BI software is revolutionizing the transportation industry.
How Are ERP BI Solutions Driving the Transportation Industry?
Rather than having a single centralized solution, many transportation organizations have different solutions for different departments. These solutions rarely integrate well together and create inefficiency. Data is crucial in the logistics industry, and users need the most up-to-date information as soon as possible.
Many companies hold off on implementing a single, centralized ERP BI solution to handle their logistics. CEOs and IT departments reason that the cost and hassle of implementation aren't worth it.
But a good ERP BI solution will pay for itself.
Research shows real-time data reduce operational and administrative costs by 23 and 22%, respectively.
POLA Increased Productivity
ERP solutions help transportation companies and government agencies every day. A well-implemented ERP solution has the power to transform how an organization does business.
One organization that's benefited from an ERP BI solution is the Port of Los Angeles (POLA). POLA is a transportation hub and handles much of the U.S.' international trade.
Several departments across POLA used different data management solutions. This meant the organization needed an IT or report specialist to compare data across various departments, which was slow and inefficient. POLA teamed up with 5x Technology to implement Business Objects Crystal Enterprise 10 (CE 10) across its organization.
When implementation was complete, users could quickly access information across different departments without referring to an administrator. Now, it's easy for users to make important decisions about the thousands of shipments POLA processes every day.
Kraft Streamlines Its Shipments
Kraft Foods handles a complicated supply chain, to the tune of about $1 billion annually.
With 900,000 shipments and 100,000 lane pairings, the company needed a way to track shipments and quickly generate clear reports. In particular, it needed software to help manage exceptional orders, and improve the speed and reliability of decision-making.
In 2006 the company rolled out an ERP BI solution in the U.S., Canada, Russia, and Brazil.
Kraft worked with Oracle to tailor the software to their organization, with a particular focus on report generation, assignment of employees to shipments, and calculating shipping cost and volume. Kraft's ERP BI solution has made the daily work of their company far more streamlined, efficient, and transparent, at all levels of the organization.
The Future of Transportation ERP BI Software
Transportation companies handle massive amounts of data every day. Providing information that's useful and up-to-date and quickly and easily generating reports are essential.
With a simple, centralized ERP BI software solution, you can improve your company's efficiency and better meet your clients' needs. And, you'll often do this while spending the same or less, thanks to improved management of the resources you already have.
More and more companies are switching to ERP BI software as they see its power. ERP is a major paradigm shift that's becoming the norm in the new global economy, and there'll soon be a time when decision-makers wonder how anyone ever got along without it.