Transportation Management System; a Software That Helps In Planning and Executing the Physical Movement of Goods

 

Transportation Management System

A transportation management system (TMS) is a logistics platform that uses technology to help businesses plan, execute, and optimize the physical movement of goods. TMS is a part of larger supply chain management (SCM) system. A transportation management system is widely used to gather information about the distribution, route options, warehouse supply, rates, transport network, etc. The system helps understand the information and format, which further helps in effective decision for the company.

According to Coherent Market Insights the Transportation Management System Market Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2022-2028.

Transportation systems management is a set of techniques used to increase the capacity of a piece of transportation infrastructure without increasing its physical size. Most often, these techniques are used in the context of roadways. For any company that is in logistics, a TMS is a system that can improve operations, provide better service to customers, and drive business. There are numerous benefits of a TMS that assists companies to move freight from origin to the destination accurately and cost-effectively.

Some benefits of a transportation management system (TMS) include Reduce freight expenses, track deliveries in real time, improve warehouse efficiency and productivity, increase customer service, and increase supply chain efficiency. Airline systems, road networks, rail systems, and water transport provide links between places that permit low-cost and more reliable movement of goods from point to point than previously available. TMS is software that helps companies manage logistics of moving physical goods by road, air, or sea.

Transportation management systems (TMSs) are primarily used by businesses that need to ship, move, and receive goods on the regular basis; including manufacturers, distributors, and/or e-commerce platforms. A transportation management system (TMS) is specialized software for planning, executing, and optimizing the shipment of goods. The major vendors in the United States include Oracle, Manhattan Associates, C.H. Robinson, E2open, Trimble, MercuryGate International, Blue Yonder, Transplace, Worldwide Express, Infor, 3Gtms, Shipwell, Ratelinx, Revenova, Princeton TMX, CTSI Global, and Ultraship TMS, among others.