As a key service industry, logistics plays a role in connecting and promoting socio-economic development. In the context of strong integration, logistics enterprises need to innovate and apply technology to avoid falling behind.
Modern solutions such as AI, IoT, Big Data and especially transportation/warehouse management software are the key to optimizing costs, improving efficiency and increasing competitiveness.
Join Meksmart to explore smart technology solutions, especially for transportation/warehouse management, so that Vietnamese logistics enterprises can reach further.
1. Challenges of logistics enterprises today
In the context of increasingly deep international economic integration, in recent times, with tireless efforts, the Vietnamese logistics industry has made great strides. However, this industry still faces many difficulties and challenges.
Increasing operating costs: Fluctuating fuel prices, increasing labor costs, and other arising expenses make it difficult for businesses to control profit margins. According to statistics from VLA and the Ministry of Industry and Trade, the Vietnam Logistics 2024 report, logistics costs in Vietnam remain high, accounting for about 16 - 17% of GDP, higher than the world average (11.6%).
Manual and unsynchronized operations management: Many businesses still operate based on documents, Excel files, or discrete systems, leading to errors, delays, and difficulty in monitoring progress in real time.
Pressure for fast, accurate, and transparent delivery
Consumers increasingly expect fast delivery and the ability to track orders at all times. This puts great pressure on the traditional logistics system.
Difficult to scale and control service quality
As the number of orders and shipping routes increase, businesses lack tools to effectively manage drivers, routes, warehouses, and goods.
Lack of data to optimize operations and make decisions
Because of not collecting and analyzing data properly, many businesses cannot predict demand, optimize inventory, or adjust transportation strategies flexibly.
The application of smart technology solutions is an essential solution, especially in the context of constant transformation.
Challenges of logistics businesses today
Smart technology solutions
To urgently solve the above challenges, smart technology solutions were born and became a powerful assistant for logistics businesses.
Smart technology solutions are the integration and application of advanced technologies to solve complex problems, optimize operating processes and improve the quality of life as well as production and business efficiency. In the context of digital transformation today, key technologies such as Artificial Intelligence (AI), Internet of Things (IoT), Big Data, Machine Learning, Cloud Computing and Blockchain are playing a central role in creating comprehensive smart technology solutions. Some prominent roles are:
- Cloud Computing: Providing access to data anytime, anywhere, enhancing collaboration and information sharing.
- Artificial Intelligence (AI) & Machine Learning (ML): Analyzing big data to forecast demand, optimize inventory, detect bottlenecks in the supply chain.
- Blockchain: Improving transparency and security in transactions, tracing product origin.
- Internet of Things (IoT): Monitoring the status of goods, location of means of transport, temperature (for special goods) in real time.
2. Transportation/warehouse management software - smart technology solutions for "top logistics"
In addition to the above technology solutions, transportation/warehouse management software helps replace inefficient manual and mechanical operations.
Transportation/warehouse management software (TMS/WMS) is now considered an "extended arm" of the enterprise. In which, warehouse management system (WMS): Automate warehouse processes, accurately track inventory, optimize storage space. Transportation management system (TMS): Plan effective routes, track transportation in real time, reduce transportation costs.
With the ability to integrate real-time data, the software helps:
- Optimize the entire logistics operation chain.
- Automate processes to reduce human dependence: The software helps automate steps such as: creating vehicle/warehouse coordination orders, printing stamps, barcodes, and confirming delivery.
- Real-time data export for quick and accurate decisions.
- Multi-platform connection and system integration.
- Improved customer experience.
All of these factors contribute to improving service quality and retaining customers for a long time. Thanks to that, businesses can not only control service quality but also increase their ability to meet diverse customer needs.
Transportation/warehouse management software for "top logistics"
3. Meksmart - Provider of transportation/warehouse management software
Understanding the difficulties of logistics businesses, Meksmart is proud to be a pioneer in providing comprehensive, modern supply chain optimization software solutions with two outstanding product lines:
MEKTMS - Transportation management software:
MEKTMS helps businesses plan effective transportation in just a few minutes, reduce logistics costs, and optimize fleet productivity. The transportation process is fully automated, limiting manual procedures, saving time, human resources and costs.
MEKWMS - Smart warehouse management system:
MEKWMS is an All-in-one solution for logistics warehouse management. Outstanding features include real-time operation, automatic order processing, smart goods classification and accurate inventory management, ensuring flexible circulation of goods, limiting backlog.
MEK TMS and MEK WMS - Smart technology solutions transportation/warehouse management
Integrating the two systems MEKTMS and MEKWMS helps logistics enterprises manage the supply chain comprehensively: optimizing the entire process from warehouse management to goods transportation, combining data from the two systems to forecast demand and plan effectively, providing an overview of the supply chain to help minimize errors.
Conclusion
Entering the digital transformation era, transportation/warehouse management software is not only an option, but also a vital factor for Vietnamese logistics enterprises to grow strongly and integrate deeply into the global supply chain.
Contact Meksmart now for advice on optimal technology solutions to make logistics management easier, more transparent and more effective than ever!