The COVID-19 pandemic disrupted global supply chains, which still struggle with unpredictable shipment delays and longer harbor freight holdups on top of inefficient planning, higher costs, and lack of real-time visibility. The transportation management system (TMS) sector is on growth trajectory as more companies realize the potential to reduce transportation spend by streamlining its management.
• A TMS helps manufacturers, retailers, distributors, wholesalers, and third-party logistics (3PL) companies plan, execute, and monitor the physical movement of goods.
• Implementation speed is crucial for customer companies, which need the flexibility to accommodate rapid changes in the transportation network and select the best possible and most cost-effective quotes from vendors.
• It is imperative that TMS solution providers have scalable platforms that can quickly bring end-to-end supply chain information into a single dashboard.
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