Benefits of a Networked TMS
Visibility in Network Transportation Operations from End-to-End
Transportation management systems (TMS) were once used almost exclusively “inside the four walls” for core functions like load planning. They were painstaking to set up and often took years to achieve ROI.
But today’s networked TMS have migrated far beyond the original four walls. And that is a real plus for national, regional, or multi-national shippers who are managing complex and continuously changing global supply chains.
Developed to work on a robust software as a service (SaaS) platform, global featured networked TMS has assumed a substantial role in letting shippers manage their supply chain networks via supply chain visibility.
How shippers can exercise their options & gain supply chain visibility
Today’s networked TMS functions almost like an operating system. It employs:
- A TMS control tower for a single point of control so that shippers can accomplish full-spectrum transportation and load planning.
- Algorithms that support multi-leg, multi-mode, multi-currency, and multi-language shipments across countries for global visibility of orders and shipments to reduce freight costs, simplify execution, and provide continuous improvement and better capacity management.
- A digital supply network that interfaces with the TMS so shippers can broadcast transportation needs to hundreds or thousands of carriers connected to the network and choose the optimal carriers and modes—from parcel to less-than-truckload (LTL), truckload (TL), ocean, and air. This flexibility enables shippers to choose the best service levels and rates, optimize planning and consolidation, keep costs low, track and trace orders from beginning to end, and be alerted and adjust their plan if there is an issue in the shipment.
- Data gathered from shipments and across the network, like shipping routes, modes, volume, carriers used, accessorials, and more, effectively serves as prime business intelligence. This data ensures invoices are correct, audited, and paid accordingly, helps to identify consolidation opportunities, and helps rate carriers based on KPIs and performance.
Ultimately, global featured networked TMS enables shippers to do better inventory allocation and distribution planning to improve timeliness, increase service levels, and ensure sustainability, with insight into critical variables like costs, performance, transport plan deviations, and emissions per brand, product, and cost center.
If you’re exploring how a global featured networked TMS can help you with supply chain visibility, take a look at Elemica’s Eyefreight TMS. Eyefreight TMS provides a single platform for central coordination and detailed data visibility over complex, global-wide transportation operations. Learn how to reduce costs, improve shipment timeliness, and increase service levels, all with low up-front costs and ease of maintenance.