One of the up-and-coming trends in the world of Food ERP is vessel management. In Lehman’s language, vessel management is a ship or a vessel purchased for the purpose of importing and exporting commodities hence its management becomes a necessity. A food ERP provider with vessel management capabilities takes up numerous functions such as maritime traffic supervision, registration of vessels, permits for entering and leaving the port, and various others.
The shipping industry is facing an array of challenges which is a result is forcing change upon food and seafood traders and their operational models. Some of which are as follows:
- Stringent and dynamic environmental regulations
- Undersupply/oversupply vessels.
- Stock wear and Tear
- Stock Traceability
- The disintegration of the supply chain
These hindrances post severe challenges for Food and Seafood traders as the negative consequences of these are as follows:
- Stockout/Stock defect
- Food quality compromised
- No Lot Tracking
- Customer Grievances
- Compliance violations
Seafood ERP is the only solution for seafood traders to cope with these challenges. Vessel management through seafood ERP brings to the table the following benefits:
- Supplying Manpower at every level:
Using the services of vessel management should not only make the delivery forms run with all the more ease, but also ought to convey the increased effectiveness in the general food production network. Whereas, shipping cargos internationally requires various authority understandings and procedures like shipment protection, paperwork, and clearances of custom duty hence ensure regulations are met at all times
- Smooth Supply Chain:
Many times there can be unexpected and surprising postpones which in turn give birth to various supply chain issues and the same could disrupt the whole shipping administration. Food ERP providers with vessel management services assume the liability to deal with such issues in a reliable and effective way. Therefore, becoming pivotal to the business and making it a prerequisite.
- Lot Tracking:
A warehouse has to work around the clock at all times which can only be achieved through lot tracking to account for each and every ingredient going into the finished product at all times.
Through Vessel Management each lot can be traced back to the point of origin from where food/seafood was transported hence in case of any customer grievances source can be traced and the lot can be disposed of.
- Compliance Requirement:
Compliance is at the heart and soul of the food and seafood trading business. As paperwork is required at every level from bill of lading to getting custom clearance. Food ERP service providers assume the responsibility of dealing with the huge mountain of paperwork to keep the regulatory authorities at bay.
A classic example of a food ERP service provider providing Vessel management capabilities is iNECTA. A Microsoft gold-certified partner, iNECTA brings to the table vessel management integrated as an offering for the food and seafood traders it serves via food and seafood ERP.
In the food and seafood trading business, operational efficiency is now the name of the game. For too long, food manufacturers and seafood traders have been complacent in vessel management owing to labor-intensive techniques and ignored Food ERP. Owing to which seafood traders have incurred huge losses especially in the seafood transport domain. However, with seafood ERP seafood traders can ensure the supply chain is lean and accounted for at all times. Vessel management not only ensures savings in transit but also ensures compliance at all times. Hence in the game of profit, food ERP has emerged as the only way food manufacturers and seafood traders can survive and thrive and the key to winning this game is hiring food ERP partners with vessel management capabilities.