Automation of Digital Indent Allocation in Supply Chain Management with SuperProcure

In simple terms, Indent allocation in #logistics and #supplychainmanagement refers to the process where the logistics team raises a request for placing a vehicle for a load to a contracted transporter in accordance with an existing freight contract.

They target to ensure on-time vehicle placements for every shipment including event of indent cancellation.

With globalization, as we progress towards more consumer-centric business models to provide goods within the shortest possible time and at the cheapest market rate, the need for digitalization of supply chain management is realized by every major business across the globe. However, simply adopting a few digital tools to take care of the processes cannot solve every issue that plagues logistics management landscape till date.

Successful Indent allocation is an important mile stone of logistics operations for all businesses- small to large. Logistics team members target to ensure on-time vehicle placements for every shipment.

Digitalization of indent allocation activities help you reduce vehicle allotment time, order dispatch time, follow up calls. Thereby it reduces operational costs and increases employee efficiency.

SuperProcure’s (https://www.superprocure.com/) tailor-made digital solution SP Indent Allocation (https://www.superprocure.com/e-indenting/) offers a real-time collaboration platform from floating a load requirement to vehicle placement, ensuring faster, smoother and on-time vehicle placement.

Why is digital indent allocation gaining popularity?
The need for indent allocation stems from the following business goals of:
- On-time vehicle requirement
- On-demand vehicle placement
- Real time collaboration and updates

Considering these factors it is imperative to have a system that will simplify the indent allocation process and ensure better ROI. The solution is in adopting the digital indent allocation process. With digitization the following benefits are available:
- Record of all transportation vendors at one place
- Digital freight contract management for more transparent operation
- Right vehicle placement within a shorter time

However, simply having a digital process is not enough to solve every issue. Thus, there is a need for a dedicated and specialized transport management system (TMS) that will take care of every aspect of indent allocation and beyond.

Cloud based SaaS TMS takes indent allocation to the next level!
With business operations spreading across multiple cities, there is increasing necessity for a TMS that will not just bring in the power of digitalization, but will also provide decentralization of location based operations, centralized control to provide 360 degree view of the entire operation from one point, transparency, agility, and profitability. A Cloud based SaaS TMS is exactly what takes care of these requirements. Indent allocation using such a model provides further benefits to every stakeholder.
- Single place of contact to reach out to the right vendors as per freight contract based on availability, price escalation, performance, and multiple other factors.
- Automated load allocation exceptionally reduces vehicle allotment and dispatch time.
- Real-time collaboration with vendors and stakeholders reduces communication time and prevents errors in vehicle allotment.
- Automated reallocation of load cushions suppliers and buyers against losses due to last minute cancellations by transporters by automatically allocating load to the best available transporter and calculating penalties, if applicable, as per freight contract and company policies.
- Real-time performance update and transporter insights allow businesses to identify the best transporters and reduce losses.
- Digital and transparent record management ensures audit compliance and prevents errors.

SuperProcure transport management system is among the leading Cloud based TMS SaaS empowering numerous major brands and businesses across every industry vertical by easing them into the future of logistics management.

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