What is a Transportation Management System (TMS)?
So, what is a TMS system? A transportation management system is cloud-based software that automates and streamlines processes such as scheduling, tracking, and reporting. Thanks to this efficiency, companies can save more resources, time, and money compared to those who still rely on traditional methods.
In the post, we’ll cover the key features and benefits of using a transportation management system (TMS) and highlight why it has become an indispensable tool for modern shippers.
Key Features of Most Transportation Management Systems
It goes without saying that no two TMS platforms are the same. Before you choose one, make sure it has the features your company needs. Here are the most important features of the software that could really change the way your company works.
- Freight Management and Optimization: Use to manage your freight and optimize routes for lower costs.
- Carrier Selection and Rate Management: With a TMS, you can easily choose the best carriers for your goods and have better control over purchasing freight services.
- Shipment Tracking and Visibility: Overseeing your shipment’s location is effortless with a TMS, especially when it’s in transit.
- Reporting and Analytics: TMS platforms help you see your business at a glance thanks to their powerful reporting and analytics features.
- Integration With Other Supply Chain Systems: You can easily integrate your TMS software into an existing warehouse management system (WMS) or enterprise resource planning platform (ERP) to achieve synergy in all your programs.
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