What is meant by Freight management?
Freight management is the process of monitoring and managing cost-efficient operations and delivery of goods. It combines logistical experience, personnel, and knowledge to ensure smooth coordination between carriers and shippers and to continuously improve supply chain processes.
Typical software functions in the area of "Freight Management":
- Transport Booking: Automated booking and planning of transports.
- Route Optimization: Calculation of the most efficient transport routes.
- Shipment Tracking: Real-time tracking of freight shipments.
- Freight Cost Calculation: Calculation and comparison of freight costs from different providers.
- Document Management: Management of freight documents and customs paperwork.
- Performance Analysis: Evaluation of KPIs to assess transport performance.