Transportation Management System (TMS) is a software platform designed to help companies manage and optimize their transportation operations. It allows businesses to manage their logistics processes more efficiently, including planning and execution, freight payment, and performance analytics.
Some of the features of a TMS include:
Shipment Planning and Execution: A TMS can help companies plan and execute their transportation operations by providing features such as load optimization, carrier selection, and automated shipment booking.
Freight Payment and Auditing: A TMS can automate freight payment and auditing processes, which can help reduce errors and save time and money.
Visibility and Tracking: A TMS can provide real-time visibility into the status of shipments, allowing companies to track their freight and manage exceptions.
Performance Analytics: A TMS can provide analytics and reporting on transportation performance, allowing companies to identify areas for improvement and optimize their transportation operations.
Carrier Relationship Management: A TMS can help companies manage their relationships with carriers by providing tools for communication, collaboration, and contract management.
Overall, a TMS can help businesses to streamline their transportation operations, reduce costs, and improve customer service.