Adopting and upgrading Transportation Management Systems (TMS)
Even though technology has infiltrated every link of the supply chain, TMS adoptions are still surprisingly low. Here are two companies that have taken the plunge and have strengthened their logistics operations with a TMS tailored to their specific needs.
in the NewsState of Logistics 2016: Pursue mutual benefit GCCA report shows 8.6% increase in cold storage capacity worldwide since 2014 Automated material handling equipment market is expected to reach $44.68 billion by 2022 Honeywell completes acquisition of Intelligrated U.S.-NAFTA freight value drops 6.4 percent, reports BTS More News
As transportation management systems (TMS) have evolved, so too have the number of TMS options and formats available to shippers. For example, traditional purchase-and-install options have taken a backseat over the last few years as more shippers lean toward on-demand options that provide flexible, affordable choices and quick setup times.
Vendors have also expanded their TMS functionalities to include a range of features that not only touch the transportation component, but extend throughout the enterprise. Today’s TMS solutions help companies reduce transportation spend and optimize their operations by handling basic payment, auditing and route scheduling, carrier and bid optimization, collaboration across departments, and even fleet management.
With technology infiltrating every link of the supply chain, savvy logistics operations are slowly but surely adopting new and upgrading existing transportation management systems. CytoSport, Inc., a maker of sports nutrition beverages, and consumer electronics manufacturer LG Electronics are just two companies that are now reaping the rewards of their technology investments. Over the next couple pages, we’ll learn how these logistics teams selected, implemented, and are now reaping significant benefits from transportation management systems that have been tailored to their companies’ specific needs…......more
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About the AuthorBridget McCrea, Editor Bridget McCrea is a Contributing Editor for Logistics Management based in Clearwater, Fla. She has covered the transportation and supply chain space since 1996, and has covered all aspects of the industry for Logistics Management and Supply Chain Management Review. She can be reached at [email protected]
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