As businesses become increasingly focused on optimizing their supply chain operations, logistics organizations are continually forced to make critical decisions for creating a highly productive transportation management system.
The efficiency with which a company runs its procurement and shipping operations can greatly impact their business’ bottom line so companies are assiduously searching for methods to improve their transportation practices.
Business goals such as reducing costs and overhead, growing profit margins, controlling materials and inventory, and improving customer service can each be achieved through the implementation and efficient operation of transportation management solutions.
The findings to a recent market research study conducted by Logistics Management magazine, on behalf of MercuryGate International, Inc., conveys that transportation management software (TMS) facilitates highly effective communications and information sharing among businesses and their shipping partners.
This outcome is realized through better decision-making as it pertains to freight route planning, carrier selection, scheduling & tendering, quality control, regulations and guidelines compliance, reporting, auditing, and invoicing.
The survey results highlighted in this brief are intended to offer insights into the freight transportation needs and concerns of companies with an annual transportation spend exceeding $5 million.
We’ll explore the challenges they face and how they are meeting those challenges. The research further focuses on the adoption of multi-modal transportation management systems (TMS) and the advantages shippers gain through its utilization.