Critical Capabilities of a TMS for Parcel Shipping

In the past decade, the industry has boomed, becoming more automated, customer-centric, and ferociously complicated.

This is why emerging supply chain technologies, such as a TMS for parcel shipping, have had such success with businesses of all sizes, churning some of the highest returns on investment we’ve seen yet. (We’re not talking about Excel sheets here!)

TMS, which stands for Transportation Management System, has two primary functions when it comes to parcel shipping: planning and execution.

The planning stage begins with overall carrier rate calculations and ends with carrier selection and package consolidations based on factors such as a shipper’s business rules, a customer’s delivery preferences, and the inventory’s location.

The execution stage encompasses everything from printing shipping labels and documents to ensuring the execution of the delivery commitment. Basically, if you need to get a parcel from point A to B, or even C to D, a TMS for parcel shipping will handle that and more.