Logistics Software Companies In India and Their Core Capabilities

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Logistics Software Companies In India and Their Core Capabilities

The Indian logistics industry is evolving and expected to grow at a CAGR between 10-12% to reach 380 billion dollars in 2025. It is estimated that the industry will grow to $3 -3.5 trillion by 2047. Thanks to the thriving eCommerce sector and various government initiatives, such as PM Gati Shakti National Master Plan, National Logistics Policy, Multi-Modal Logistics Parks (MMLPs) policy, etc.

These policies aim to develop a tech-enabled, resilient, cost-efficient, and environment-friendly logistics ecosystem in the country. Considering the rapid growth of the Indian logistics sector, it is evident that adopting tech-enabled solutions from reliable logistics software companies in India is no longer a choice for courier service providers, eCommerce companies, retailers, and other businesses.

Logistics management software streamlines end-to-end logistics operations, offers real-time visibility on leg-to-leg shipment movement, contributes to minimizing CO2 emissions, and enhances customer experience. Such solutions also enable businesses to deal with logistics challenges, such as route congestions, overstretched networks, poor shipment visibility, and more.

Different Logistics Solutions Offered By Logistics Software Companies In India

Logistics Management Solution for Manufacturers

Logistics management software for manufacturers empowers them to optimize logistics and supply chain operations and bring end-to-end visibility with real-time shipment tracking. It offers useful insights to spot potential operational inefficiencies and loopholes to make informed decisions. The software sends instant alerts to enable manufacturers to avoid incidental charges, track shipment delays and transshipment ageing, and more. By automating logistics operations, manufacturers can reduce overall shipping costs and enhance customer experience.

Logistics Management Solution for Retail

Traditional logistics management practices cannot help retailers to manage both offline and online order fulfillment. Automated logistics management software transforms end-to-end retail supply chain and empowers retailers to offer omnichannel fulfillment. It also facilitates them to ensure complete operational efficiency, and hassle-free communication to improve business profitability and boost customer experience. The solution offers unified 3PL management, intelligent 3PL selection, real-time consignment tracking, and a variety of other features. Using the logistics management platform, retailers can save 12% on last mile delivery costs, increase 26% in delivery NPS, and get other amazing benefits.

Logistics Management Solution for Courier Companies

Owing to the growth of the eCommerce sector, higher internet penetration rate, and technological advancements, the Indian courier, express, and parcel industry is estimated to grow at a CAGR of more than 10.5% during 2022-2027. Since CEP is a highly competitive domain, courier companies need high-end solutions for efficient logistics management.

Logistics software companies in India offer AI-powered logistics solutions that allow courier service providers to guarantee on-time deliveries while saving significantly on cost and time. Such solutions automate the first, middle, and last mile deliveries while ensuring end-to-end courier visibility.

Top logistics management solutions provided by reliable logistics software providers in India include features such as advanced geocoding, automated route planning and returns management, COD reconciliation, and more. The logistics solution ensures a 28% decrease in customer complaints, a 45% reduction in customer onboarding time, a 12% decrease in the mid-mile costs, a 23% decrease in last-mile delivery costs, and more.

Solution for Freight Forwarders

Traditional freight management solutions don’t provide shipment visibility and require reliance on manual elements. It makes the freight rate procurement process inefficient and time intensive. Advanced logistics management platforms allow logistics service providers to connect and communicate with multiple vendors to procure the best freight rates while ensuring a transparent bidding process.

The solution also facilitates checking global freight rates instantly from a unified dashboard. It also includes a dedicated portal for freight forwarders to get RFQs, check their ranking in the bidding process, communicate with logistics service providers and more. Using the automated logistics solution, businesses can reduce freight costs by 12%, reduce order-to-ship time by 12% and minimize shipment returns by 5%.

Solution for Quick Commerce

The hyperlocal industry is booming at a phenomenal rate, and those involved in this business seek a solution to ensure on-time deliveries and achieve cost-effective and customer-centric operations. AI-powered logistics solutions offered by top logistics management software companies in India ensure delightful on-demand and hyperlocal delivery experiences.

Such solutions have top-notch features, such as automatic driver allocation, multiple payment options, smart order clubbing, real-time order tracking, route optimization, and automated incentive disbursal. It ensures rapid business growth, minimizes operational costs, and improves customer satisfaction.

By choosing the right logistics management platform, businesses can streamline logistics operations, reduce overall logistics costs, measure and reduce carbon emissions, and boost customer experience. It ensures a 77% reduction in steps for the delivery process, a 45% reduction in average order allocation time, a 24% increase in on-time delivery, a 14% increase in deliveries per driver, and more.

Which is the best logistics software company in India?

Finding the best logistics management software company in India is not an easy task. To choose the one, a business has to check for the following factors:

  • Scalability 
  • Customization 
  • Seamless Integration 
  • Business intelligence
  • End-to-end automation 

Why is Shipsy a leading global logistics software company in India?

Shipsy offers SaaS-based/cloud-based logistics management software that can be completely customized as per the specific needs of a business. Its solution is scalable to meet the ever-evolving needs of any type of business. Shipsy’s logistics management software has built-in APIs to ensure hassle-free integration with any existing ERP/WMS/OMS.

The software automates core logistics operations to ensure the safe, timely, and cost-efficient movement of goods from one location to another. Shipsy’s logistics management platform has a user-friendly interface, which means one doesn’t require any specific training to use the software and access its key features for smooth logistics management.

The software offers a real-time shipment tracking feature to allow stakeholders track each movement of the shipment while getting real-time alerts on the completion of a milestone. The logistics management platform by one of the popular logistics software companies in India leverages AI, ML, NLP, and various other technologies to improve business processes and customer experience. Here are some of the benefits businesses can unlock by implementing Shipsy’s logistics management platform:

  • 8% increase in delivery success rate
  • 11% reduction in cash handling costs
  • Increase delivery success rate by 12% to reduce ND and RTO costs
  • 35% reduction in the time spent at receiver address
  • 23% decrease in fake delivery attempts
  • 100% reduction in 3PL invoicing errors
  • 28% increase in on-time dispatch
  • 31% increase in vehicle capacity utilization

To know more about Shipsy’s advanced logistics management platform in India, visit our website or schedule a demo now.

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