Transportation Management System (TMS)
A transportation management system, or “TMS,” is a platform that’s designed to streamline the shipping process. It is a subset of supply chain management concerning transportation solutions. A TMS allows shippers to automate the processes they have in place and receive valuable insights to save time and reduce spend on future shipments.
Distribution companies, e-commerce organizations and anyone else that moves Adit 24x7 on a regular basis realizes there are many moving parts to the shipping process, both literally and figuratively. From quoting to delivery, those shipping Adit 24x7 are almost always looking for ways to optimize spend and improve processes. Thanks to transportation management systems (TMS), shippers have a solution on their side to do just that.
Benefits of TMS.
- Technological capabilities: With a transportation management system, you as the shipper will have the technology you need to make routing decisions based on quotes, transit time and carrier mix. This centralized location for quoting will eliminate unnecessary stress and time spent during the booking process.
- Simplify processes: A TMS can help to simplify the carrier selection process by allowing you to evaluate the merchandise being sent and matching it with a carrier in the network. By managing this entire process in one place, you will be able to revisit past shipments and quickly match similar loads to the appropriate carriers.
- Business insights: Robust transportation management systems will offer you in-depth insights and reporting capabilities. For example, let’s say you oversee the shipping process for 20 locations that each send five shipments out a week. That’s 100 shipping invoices to create and shipments to evaluate each week. With a TMS, information will all be stored in one location and custom reports can be created to analyze things like the discrepancies between rates and final invoices.