How Can TMS for Shippers Improve Freight and Supply Chain Efficiency?

One of the key aspects of supply chain processes is manufacturing, transportation as well as warehousing. It consists of a lot of activities such as carrier management, delivery planning, shipment tracking that can be handled in the right manner. So, once your business starts to grow, then proper system would be needed such that the transportation processes can be controlled. This is where TMS platform for shippers comes into the play.

What is a Transportation Management system?

A TMS is basically a freight technology solution that has been designed in such a way that it can help out the businesses to execute, plan as well as optimize the movement of the goods. Besides this, it manages a number of activities such as tracking, shipping, delivery. Thus, efficiency is improved while offering a lot of cost savings and increased visibility. So, in this article, we would discuss about how TMS for Shippers can help to improve the freight and supply chain efficiency. Let us have a look: -

Transportation Management System – What are the benefits?

• Integrated execution, planning and Monitoring

If a proper TMS is used, then it can be helpful in complete transportation system. By proper, planning execution and monitoring, businesses can have proper view of the complete logistics operations. Thus, each stage is optimized properly for effectiveness and efficiency.

• Proper Freight capacity procurement

One of the benefit of using TMS is the fact that freight capacity procurement can be easily streamlined. Hence, the complete process becomes very reliable, hassle free and value driven. With the assistance of TMS, businesses can navigate the procurement complexities quite easily while ensuring that transportation capacity is secured efficiently at an optimal cost.

• Better supply chain visibility and inventory control

Businesses are able to take a lot better decisions by providing the insights into the inventory levels as well as goods movement. Thus, with increased visibility, demand forecasting is made a lot more accurate, stock outs are reduced and hence complete supply chain efficiency is improved.

• Paperless P2P Cycle

With the assistance of TMS, the paperwork which is needed for P2P cycle is reduced a lot. Thus, the procurement process can be streamlined as well as helps in the sustainability of the environment. Other than this, efficiency is enhanced and the administrative burden is also reduced significantly that comes alongside with manual documentation.

Things to keep in mind before opting for TMS

• Scalability

If you opt for a TMS that is robust, then it will help to grow the business that you might be having. Further, the system can easily handle the volume as well as complexities that comes with significant replacements and overhauls. Thus, it can help to save a lot of your money, time as well as resources.

• Adaptability

The logistics of landscape is quite evolving and hence TMS should be flexible such that it can adapt to new technologies, trends as well as regulations. In addition, adaptable system can easily integrate alongside with the other software that are present as well as various transportation modes. Likewise, it supports a wide range of business models as well.

• Ownership Cost

You need to understand the complete cost of ownership which includes maintenance, licensing as well as any hidden costs. In this way, you would be able to understand if the TMS can offer you the complete value for the investment.

• Vendor

It is important that you know the industry experience of the vendor, reputation as well as customer support. In addition, they should offer you with regular updates, ongoing support etc.

Final Verdict

TMS for shippers can very well help to improve the freight as well as supply chain efficiency. Through various TMS platforms, businesses can streamline the operations, enhance the visibility while improve the coordination in the supply chain. Further, we at OWLERY can turn out to be a great partner for you in the freight industry. We offer a wide range of solutions which includes real time tracking, monitoring of emissions as well as collaborative tools. In addition, we are equipped with powerful insights and analytics through which you can deal with the freight ecosystem. So, it is recommended that you contact us to know more about the services that we offer to our customers.