Transportation management systems (TMS) were once a luxury technology solution reserved for Tier 1 ($100 million +) shippers and large third-party logistics (3PL) providers and transportation brokers. Hosting a TMS on-site or renting space at a server farm also meant making significant long-term commitments and investments in development and infrastructure.
Transportation Management Software (TMS) was once considered a solution for gigantic retailers or large CPG brands, but that’s no longer the case. Shippers and intermediaries of all sizes can benefit greatly from the increased functionality and simplified processes offered by a TMS.
U.S. transportation infrastructure is in bad shape, and logistics professionals are left wondering how much longer it can support the needs of the American supply chain. Government officials have spent years kicking the can down the road, but now the road is crumbling away.
While we don’t often think of it, the supply chain consists of more than just logistics activities, such as transportation, distribution, or warehousing. Marketing, finance, manufacturing, customers, and countless other internal and external factors each create a unique supply chain link. Often, these links operate in their own silos with very little input from the others. But that’s all going to change.
While blockchain has been a buzzword since the first time Bitcoin made the news, shipping stakeholders not directly involved with technology development may not know exactly what it is or how it works.
Is your organization seeking to replace its current Transportation Management System (TMS) or obtain a TMS for the first time? Besides the obvious factors, such as overall cost, functionality that meets your requirements, and the ability to integrate with your current system and trading partners, below are five points to consider when shopping for a TMS.