Innovations in 4PL Software Development

Companies in need of logistics technology services are turning to Lead Logistics Providers (LLP), or Fourth Party Logistics (4PL) experts, for value-added supply chain management solutions. The 4PL business model, while deceptively simple, is transforming the way major verticals handle their operations.

4PL providers offer clients visibility and personalized management of the entire supply chain, including specific solutions for storage, distribution, procurement, and transportation processes. This complex management platform requires in-depth industry knowledge, the ability to personalize systems for a specific company, and experience organizing complex software architectures.

The following solutions are typically provided by 4PL software developers:

Logistics Analysis and Planning

4PLs are managed service providers that use data collection and analytics software (including “what-if” modeling interfaces) to forecast industry trends, cost estimates, and logistics scenarios. Custom Warehouse Management Systems can employ barcode and RFID technology, Electronic Data Interchange (EDI), and wayfinding software to collect data used for optimizing inventory storage, packing, picking, and order fulfillment. Logistics software can also automate inventory replenishments, alert management of irregular behavior, and suggest process changes.

Information Management

Today’s supply chain runs on the high quality data it collects from Internet-of-Things (IoT) sensors, scanning devices, and GPS applications. A reliable, cloud-based database management system, integrated alongside Business Intelligence (BI) software, enables 4PL vendors to maintain comprehensive oversight and make operations optimization decisions about logistics operations based on the most up-to-the-minute information. 4PL providers using real-time cloud services ensure a steady more seamless interactions with vendors.

Vendor Coordination Solutions

CRM software can be configured as a vendor-facing platform for 4PLs to manage their clients' relationships. One of the most essential services improved by coordinated 4PL management is the Transportation Management System (TMS). TMS’s include real-time shipment data maps, messaging applications, route-planning tools, freight management apps, and more.

4PL service providers in need of the most innovative solutions -- as well as 3PL vendors expanding into the 4PL sphere -- would benefit from logisticssoftware developers with proven industry experience, like Chetu.

Make Money with Online Casinos Gaming

Online casino gaming has expanded within over the past decade, and continues to evolve to meet the needs of new and existing players. Software developers have the opportunity to monetize off of new payment software trends to increase their customer base and improve brand loyalty.

Payment gateways allowing transactions via Bitcoins and other cryptocurrencies is one biggest innovations to hit the industry. Cryptocurrencies are a new form of peer-to-peer online money and are not subject to a bank's rules and regulations. Bitcoins can be “mined”, a process involving the use of specialized “proof-of-work” logic software to add transaction records to the cryptocurrency’s public ledger, called a "blockchain." Network nodes verify transaction record legitimacy. If successful, new Bitcoins are rewarded to the miner. 

Bitcoin gambling has become more popular because it allows for faster transactions than traditional banking. It also allows customers to pay with total anonymity, because the cryptocurrency is stored in an independently controlled wallet that does not require the user to provide personal details. Players can also transfer funds anywhere without incurring transaction fees.

Casino operators have also begun implementing APIs from Android Pay and Apple Pay for faster and more secure transactions. By adding credit card and bank info to their Android and Apple Pay wallets, users can pay on-the-go using passcode verification and fingerprint recognition methods. Purchases remain private because Google and Apple do not store financial information on their servers.

Clients want their money fast and they want more than one method of claiming their winnings. Integrating new payment methods to a gateway simplifies transactions, improving user experience so that players will coming back for more.

To learn more about the work software specialists can do to integrate new payment methods -- as well as any other online casino gaming services, visit Chetu.

5 Advantages of Virtual Reality Technology

While most people know about the growing trend of Virtual Reality (VR), Augmented Reality (AR), and Mixed Reality (MR), it’s likely they don’t know about some of its more enterprising uses. While VR is commonly used for new and innovative video games, the technology is being deployed in fields as varied as tourism and construction. 

As VR technology continues to evolve, the number of applications utilizing the technology -- and the number of programs used to help create VR experiences -- will only increase.

Advantages of Virtual Reality Technology:

• Provide real-life situations: Virtual reality has become so advanced that users often talk about being transported to a whole other universe -- which is perfect for the entertainment industry. Filmmakers and video game designers have been experimenting with ways of translating their work to VR in the hope that personalized, immersive viewing experiences are becoming the wave of the future. 
• Makes education interactive: Virtual reality takes interactive learning to the next level. VR leaves students with deeper impressions of topics in history and science by placing them in the middle of the action and demonstrating concepts in new and engaging ways
• Branding: VR technology can be used by e-commerce companies for branding and aggressive marketing purposes. Because relatively few companies are capitalizing on VR advertising, those that have created ads specifically for VR are monopolizing the space. 
• Training healthcare professionals: Virtual reality has long been used as a training tool for doctors, surgeons, nurses, and a host of other workers operating in the healthcare industry. Especially for surgeons, this is a relatively inexpensive training technology.
• Cost effective: Companies are increasingly using VR to hold meetings between remote parties, saving money on travel, fuel and lodging. It’s a quick solution for employees that need to consistently collaborate.

What we offer

Chetu is a custom software development company that employs more than 1,400 professionals in various technologies. They have already built over 16,000 apps for clients in varied industries. To learn more about virtual reality development services, reach out to our experts today!