Freight, Logistics and Warehousing

Product Comparison: CargoWise One vs. Precision

While we don’t typically compare two products, the ongoing debate between which of CargoWise One and Precision is better for supply chain management is one we needed to contribute to. Naturally, successful companies have adopted state of the art solutions that have enabled them (as freight and logistics organisations) to remain industry leading organisations. While the industry has been slower than others to eliminate manual processes and adopt software solutions, some companies have taken a technology first approach, and reaped the benefits over the last decade. Undoubtedly, two of the most popular solutions are CargoWise One and Precision. In this article, we’ll be evaluating these two solutions from a feature and future proof perspective.

CargoWise One

CargoWise One is a single tool that is designed to fulfil the requirements of the logistics industry. It is integrated with other software solutions, but ultimately wants you to use only their software. While this sounds like a great sales pitch, it poses a huge operational risk with one provider also becoming the single source of your whole business’ failure. That said, the customer service is known to be poor, with many users complaining that after the sale has been made, getting support is near impossible. Proceed with caution.

Precision

Precision is also a single tool aiming to do absolutely everything for your business from a supply chain management perspective. Despite having a global presence, Precision have gone the extra mile to ensure their users get a one on one training experience, a huge value add over CargoWise One.

Without further ado, let’s get started on the features of these two platforms.

Feature comparison

Technology

Let’s kick off with something lighthearted. The technology of both solutions is available in a cloud platform, meaning it can be accessed from your web browser. Precision, unlike CargoWise One, has an on premise solution too. This enables you to access Precision from your PC or Mac, as well as your mobile device (with iOS and Android supported).

Freight Features

To keep this easy, we’ve outlined all freight features in the table below, so you can compare the missing features:

Feature

CargoWise One

Precision

3PL

YES

YES

Barcoding/RFID

YES

YES

Billing/Invoicing

YES

YES

Customer Management

YES

YES

Customer Portal

YES

NO

Import/Export Management

YES

YES

International Forwarders

YES

YES

Local Forwarders

YES

YES

LTL Management

NO

YES

Rate Management

YES

YES

Shipment Tracking

YES

YES

Truckload Management

YES

YES

Warehouse Management

YES

YES

Waybills

NO

YES

Logistics Features

Feature

CargoWise One

Precision

3PL

YES

YES

Barcoding/RFID

YES

YES

Container Tracking

YES

YES

CRM

YES

NO

Cross Docking

NO

YES

Inventory Management

YES

YES

Job Management

YES

NO

Order Management

YES

YES

Scheduling

YES

YES

Shipping Management

YES

YES

Shipping Features

Both providers are identical when it comes to shipping features. Here they are:

Feature

CargoWise One

Precision

Airshipping

YES

YES

Bills of Lading

YES

YES

Container Shipping

YES

YES

Freight Shipping

YES

YES

Ground Shipping

YES

YES

Import/Export

YES

YES

Parcel Shipping

YES

YES

Ocean Shipping

YES

YES

Shipment Tracking

YES

YES

Quotes/Estimates

YES

YES

Warehouse Management

YES

YES

Supply Chain Management Features

Feature

CargoWise One

Precision

Demand Planning

NO

YES

Inventory Management

YES

YES

Electronic Data Exchange

NO

YES

Import/Export Management

NO

YES

Order Management

YES

YES

Sales and Operations Planning

NO

YES

Shipping Management

YES

YES

Supplier Management

YES

YES

Transportation Management

YES

YES

Warehouse Management

YES

YES

The future of supply chain management

Supply chain management, despite seemingly ahead of the eight ball with these two monoliths, is actually well behind the industry. Other industries that lead the technology drive (such as accounting, finance and operations) have started using what are called “microservices”, effectively diluting the responsibility and risk of one system amongst a number of others. This means software providers become far more specialised, with integrations between solutions allowing workflows to still be automated. This is the way a number of other industries is transforming, and will naturally need to occur with supply chain management software too (albeit, it could take another decade or so).

Using the above feature set, we hope you’re able to draw a conclusion about the best solution for your business. If you need further advice regarding features or implementation into your business, please don’t hesitate to contact us here.

Lambros Photios

I'm the founder and CEO of Station Five, one of Australia's fastest growing technology businesses. I specialise in idea conceptualisation and go to market, and work to provide startups with valuable information as host of The Venture Podcast.

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