In a logistically efficient environment, the business will be able to meet both client and consumer needs to perfection while providing the full collection of value generated right from the concept to the execution. There will be no wasting of resources and fleet capacity; no erosion in product or merchandise quality; no delay in receipts for shipment; no mistakes in paperwork and invoices; no shortages in inventories or over-stocking; and no loss of revenue due to unmanaged transport management.
So, what is Transportation
Management System (TMS)?
Transportation Management System (TMS) is the combination of various
algorithms and technology systems that align company order management,
streamlining process storage, line express monitoring, freight capacity
fulfillment, and on-time delivery for all stakeholders. Imagine TMS as an
interlinking agent for the movement of logistics between producers, ports,
dealers, wholesalers, stockbrokers, hubs, retailers and outlets. A large
corporation has more than a million shipments a day passing through this
network. Some of the freight carriers are self-owned by the organization,
others are leased from suppliers, and others (fleet management) are outsourced
to third party logistics partners. TMS with superior technology back-up can be
the company's greatest asset. Here are the top five advantages that can
transform your transport management…read more
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