Velostics Insights

Cash Flow Boost: How 3-Way Scheduling Reduces Holding Costs

Written by Admin | Sep 23, 2024 4:33:19 PM

In a recent podcast with The Logistics of Logistics, our CEO Gaurav Khandelwal explores how 3-way scheduling is a game-changer for logistics operations. This innovative approach integrates smoothly with TMS, WMS, and ERP systems, optimizing dock appointments, reducing holding costs, and streamlining yard management. By automating scheduling and providing real-time data, shippers can enhance operational efficiency, reduce inventory costs, and improve cash flow.

Discover how 3-way scheduling can transform your logistics operations. Watch the full podcast to learn more about this solution.

You can listen to the podcast here 👇🏼

 

Benefits of 3 way scheduling

3-way scheduling offers several key benefits for logistics operations:

  1. Improved Efficiency: By automating dock appointments, it reduces delays, optimizes loading/unloading times, and speeds up turnaround times.
  2. Reduced Holding Costs: Synchronizing TMS, WMS, and ERP systems ensures quicker handoffs, decreasing storage costs and idle time for trucks.
  3. Enhanced Cash Flow: Streamlined scheduling and inventory management result in faster product movement and reduced overhead.
  4. Data-Driven Decisions: Real-time insights from integrated platforms allow for smarter resource allocation and operational adjustments.

This leads to smoother operations, lower costs, and higher profitability for your company.