Are you hearing the term transportation management system (TMS) for the first time? Well, let us discuss its meaning and uses. TMS is software, and it is used widely in the transportation and logistics business. It helps to effectively manage the supply chain of the logistics business. It helps to track and organize the progress of the materials and products. It also helps in managing inbound and outbound shipment scheduling, freight bill auditing, processing and payment of damage claims and loss, managing shipping units, etc.
Some of the important advantages and functions of transportation management system include routing guide, shipment routing optimization and shipment load planning, carrier communication and execution management, appointment scheduling, returns management, claims management, reporting and business intelligence, freight bill payment and audit, shipment tracking, etc.
One of the best features of TMS is the routing guide. It helps the customers to plan their loading and choose suitable and best routes, according to their business requirements. The shippers can save enough time and money and manage the process in an easy manner. It is not advisable for small transportation companies. They would not have much difficulty in managing the transportation system, and they would not use the software to the optimal level. If a company has numerous vehicles and perform various transportation activities, then they can definitely use the transportation management system. It will help to simplify the transportation management activities and helps in saving enough money.
The transportation management system is affordable, and it is adopted by more and more companies in the recent days.