Transport Management Solutions: Why opt for it

What is a Transportation Management Solution?

This is the digital age and as a major business, you need to integrate technology if you have to outperform your competitors. One of the key technologies for modern firms is transportation management Solutions (TMS), which is a logistics platform technology that enhances your ability to plan and execute the physical movement of goods. The technology optimises the transportation of incoming and outgoing shipments. It ensures that all shipments are compliant and proper documentation is taken care of. In most large companies, such solutions are a part of the overall Supply Chain Management (SCM) system.

Occasionally also referred to as transportation management system or transportation management software, the purpose of such a system is the monitoring of regular transportation operations, ensuring compliance details and documentation as well as timely delivery of the goods. The systems streamline the entire shipping process and optimise land, sea and air transportation activities.

Why is it important?

Advanced transportation management solutions are pivotal to supply chains and they affect the entire process starting from planning logistics, procuring services and managing the entire shipping life cycle. Therefore, an advanced and efficient fleet management system can create greater consumer satisfaction, business approval ratings, sales and revenues. For today’s ever-changing global trade scenarios, your organisation needs to have a solution that can take care of all processes, compliances and bottlenecks in transportation.

Who should use a TMS?

If you are in a business where you need to receive regularly and dispatch goods, then transportation management systems are a necessity for you. For instance, if you are into:

•     Manufacturing
•     Distribution
•     Ecommerce
•     Retail
•     Logistics services, etc.

If you are a construction company, you would need to move-in construction materials from one place to another. Even in industries such as healthcare, you need to regularly bring-in medical supplies for facilities. In the past, the on-premises transportation management systems were best suited for companies that spent $100 million or more every year on transportation, but now, there is a great diversity of cloud-based solutions that are affordable for even smaller businesses. There are several benefits of incorporating a transport management system in your business supply chains.

The Benefits of Transportation Management

Modern technology-driven transportation management can benefit you in various ways such as:

• Reduction of transportation costs for you and your clients
• Simplification of supply chain management across different geographic regions and modes
• Automation of operations for faster and highly accurate billing and documentation
• Superior visibility and security during transit
• Less manual interventions and higher time savings
• Ability to track freight locally and globally through a single platform
• Superior import and export compliance leading to lower penalties and delays
• In-depth business insights enabling further process improvement
• Superior customer service and satisfaction with real-time updates and fewer shipment delays
• Growth of business through delivering superior performance and fulfilling customer needs

The Added Value of a cloud-based transportation management solution

Modern cloud-based transportation management solutions can offer various benefits that other cloud applications provide such as superior scalability, less capital infusion, easy upgrade and a faster activation leading to quicker ROI.

In the wake of the pandemic outbreak, global supply chains are undergoing a tremendous change, and it has become a critical need for them to innovate and deploy cutting-edge tools to stay ahead. Thus, investing in a robust and feature-rich transportation management system can help you deliver superior performance and win over customers in these highly competitive times.