Logistics managers can improve the timeliness of bookings, accuracy of shipments, and collaboration with vendors

Logistics managers can improve the timeliness of bookings, accuracy of shipments, and collaboration with vendors

Freight forwarding company Flexport has launched an order management platform that enables consignees and their suppliers to more effectively plan, collaborate, validate and optimise their supply chains.

The Flexport Order Management (OM) platform is a step towards the company's vision of creating a single platform for trade to enable unified product sourcing from transit to final delivery.

It allows for greater collaboration between consignees and suppliers through order-level messaging, automatic reminders and built-in approval flows, the company says. SKU and unit cost data associated with a PO is automatically linked with any bookings and shipments on the platform. Logistics managers are able to improve the timeliness of bookings, accuracy of shipments, and collaboration with vendors through key Flexport OM features:

  • Date Management: Collaborate directly with suppliers to ensure bookings are made on time (e.g. 14 days before cargo-ready-date) with automatic email and in-app alerts, dashboards, and exception management.
  • Booking Approval: Configure rules to determine exactly which bookings should be flagged for review or approval, before a booking is able to ship.
  • PO Reporting: Run reports using key order-level data for more granular supply chain insights. Evaluate specific products and quantities in-transit, supplier performance, compare what was ordered to what shipped, and calculate order-level landed costs.
  • API/EDI Integrations: Use integrations to keep all disparate sources up-to-date across consignee ERP and Flexport systems.

"Flexport Order Management comes at a time of unprecedented freight volumes and capacity crunches, when a single erroneous PO could put a shipment at risk of missing a key date or incurring additional costs," says Yuko Kamae, Flexport VP of product management. "Orders managed through the platform grew by 96% year-over-year. Flawless PO discipline only becomes harder as volumes go up. Centralised, rules-based tools provide greater collaboration and agility during these turbulent times; a core part of our product vision."