There are many parts to supply chain management, each one of which needs to integrate seamlessly with the others for your supply chain to operate efficiently. The transportation management system is part of supply chain execution, and is basically the technology behind the transportation processes. A TMS collects and presents data in ways that allow you to plan, track, analyze and optimize the supply chain execution.
Transportation management systems generally come in the form of licensed software or hosted software. Hosted software offered in a SaaS (Software as a Service) format can be implemented quickly and without a large investment. Using sophisticated rating and freight optimization software, a quality TMS can identify and exploits cost savings opportunities, including LTL consolidation and continuous move routing.
A transportation management system is designed to lower costs, yet many systems entail hefty price tags and lengthy implementations. It may be years before a company realizes an ROI. TOTAL, a top TMS in the logistics industry, delivers an ROI (return on investment) within 90 days.
TOTAL gives users fingertip access to a variety of transportation management tools. This comprehensive application enables logistics professionals to accurately optimize, build, route, assign and track shipments via any computer with an Internet connection. The database is protected by three layers of security to offer users global access to logistics data within a secure environment.
The most useful transportation management system also offers endless reporting options. Users can choose from a library of standard reports or create ad hoc reports. The more sophisticated the reporting tools, the easier it is to facilitate a quick, accurate and insightful analysis of any segment of your transportation management operations. Learn more at https://riskpulse.com/blog/everything-you-wanted-to-know-about-transportation-risk-management/