The Complete Guide to Transport Management System (TMS) Implementation
Transportation has been mankind’s toughest challenge from the first blink and even today. From a small company to an international logistics firm, every business put their money into transportation more than else. As e-commerce is taking a leap forward it is becoming harder to manage the supply chain and have efficiency in day-to-day operations.
Seeing these challenges and then trying to find some solutions, we learned about how a transportation management system (TMS) can be beneficial for businesses and consumers too. A TMS can handle common and complex transportation problems without having a human look through the mathematic solutions.
Let us explain a bit more to you:
What Is a Transport Management System (TMS)?
Software-based solutions are skyrocketing the industrial revolutions by automating processes and reducing costs. The same goes with a TMS that handles everything related to the transportation of a company, here's what it is in a brief:
A transportation management system (TMS) is a software-based logistics solution that provides automatic solutions for planning, executing, and optimizing the routes of vehicles to help with reducing costs, improving visibility into delivery status for managing shipments more efficiently by providing the needed tools.
In short, a TMS is a complete solution to manage day-to-day operations for a supply chain (logistics) company.
Benefits of a Transportation Management System (TMS)
From making solutions to reducing costs and making a company standstill in a competitive logistics world, a TMS is a blood-line for logistics companies, and here's why:
1. GPS Tracking Devices
GPS tracking devices allow businesses to monitor the location of their vehicles (so the location of the shipment can be tracked easily and in real-time). They can send alerts if a vehicle leaves its designated route so you can manage and reschedule the progress. Some great TMS providing companies give you an advanced option called Tap to Track feature that helps you track a vehicle with a single tap.
2. Inventory Tracking
Inventory tracking is the first step towards being able to accurately forecast your sales and production. By keeping track of what you have in stock at any given time, you are able to better predict future demand. You can use this information to plan ahead and make sure you have enough products to meet customer needs.
3. Updated Logbook
The logbook is where you record all of your transactions. This includes not only the products you sell but also how much you paid for them, how much they sold for, and other relevant details. Your logbook should be kept updated on a daily basis.
4. Reduce Expenses
When your human brain ends with suggestions, a TMS can provide you with perfect analysis and predictions for reducing expenses by suggesting solutions based on analytics and historical data. This is the pure value that only a transport management system can provide.
5. Happy Consumers
Allowing the customers to track their parcels is what every logistic company is working hard on to make it transparent and real. A transportation management system can easily do it for you by sharing the exact location of your current delivery so the customers can stay happy.
6. Customer Feedback
Customer feedback is incredibly valuable to any business. By knowing what your customers want, you can improve your services and products, leading to increased sales. A TMS gives you access to customer feedback, allowing you to learn from your mistakes and capitalize on your successes.
So, that's a lot, but still, we listed a few of too many benefits that a TMS can provide you to grow your business to the skies.
However, before selecting a TMS, we suggest you go for a demo or ask them all of your questions and make sure they are providing the real value in their software.