Logistics Management with LES
LES from Teknowlogi helps the logistics management processes in a few different ways. The LES is a tool for a freight broker to use to manage all freight.
Now taking a step back, what is logistics management? So let’s say you want to get from point A to point B. You have to figure out how to get there. You’re going to use either a car or a bike. It will be some sort of mode of transportation to get you from here to there. So that’s what logistics is. It’s moving a product from here to there. Say you want to ship something like golf balls from California to New York. You need to find a way to do that. That all ties back to what a freight broker does.
A freight broker helps you manage the logistics component of that. They’re going to help you move the golf balls from California to New York. Now Teknowlogi’s LES is a tool that freight brokers can use to manage that freight. The freight broker can use the LES to get freight quotes from many different providers. It also helps them manage the actual movement of the shipment. They program the address information into the system. We help you create all the documentation that you need to move that product. It will also help you keep track of the actual movement of the freight through the system.
Forecasting in Logistics Management
Forecasting is vital to the logistics management process. So let’s say you have a truck that you need to fill with product. You need to find a way to forecast and fill that truck, the capacity of the truck. There are two different modes of transportation with freight brokers. There are LTL and full truckload. LTL means less than truckload, meaning you have enough product to fill part of a truck. Capacity and forecasting become involved with this when you have a truck, and you have part of it filled. But then you also need to fill the rest of the truck, so you need to know what the truck is going to contain on a movement.
Let’s say that next week you know that that truck is going to be half filled. This means you need to fill the rest of it, otherwise, you’re going to lose money on that shipment. The other form of transportation that most freight brokers use is full truckload. This is the other domestic shipping option. Full truckload means you have a full truckload worth of product. Forecasting also comes into play when you’re moving that product throughout the country.
Forecasting Bad Weather
Right now it’s bad weather in the Midwest and the east coast. So you need to think of all those different factors when you’re moving your product. You wouldn’t be able to ship something to New Jersey if they’re in the middle of a polar vortex. You can’t expect them to be able to meet transportation commitments and things like that. Breakdowns in communication or dissatisfaction from customers is a given in the freight broker’s world. This is because you’re moving products on trucks. So it’s a very manual process that is dependent on humans avoiding errors, things like that. That is something that a freight broker deals with on a daily basis in this industry.
LES Management Features
The way the LES tool helps freight brokers manage all that is by helping them cut down on inefficiencies. It helps them automate all their processes. This means there’s less human involvement. They get information directly from the carrier via our API. This means that the information that we have in the system is more reliable. It also helps the freight broker prevent dissatisfaction from their customers.
Let’s say a delivery commitment is not made, or the freight arrives damaged to the destination. Our system has a lot of tools in it that help the freight broker manage those type of issues. It helps them resolve problems a lot faster than other tools will.