Price Hike due to TMS

Transportation challenges by rising freight rates, driver deficiencies, tight truck capacity, and changing client requests, manufacturers are utilizing more technology to work through these and other transportation-driven problems.

As the true workhorses of the supply chain management software cluster, transportation management systems (TMS) have become the “must have” for organizations – working under the pressures of e-commerce and Omni channel – need to move past clipboards, spreadsheets, and phone calls to deal with their inexorably refined transportation networks.

The growth of TMS demonstrates how it’s being utilized to enable manufacturers to stay active and on time with transportation.

1. Cost Efficient : A major factor

Positioned between a manufacturers enterprise resource planning system (ERP) and its warehouse management system (WMS), TMS automates the inbound and outbound shipping processes.

This software additionally handles the execution procedure (i.e., rate acceptance, carrier dispatch, etc.) and gives visibility into the delivery procedure.

A progressively modern TMS is delivered via Cloud and accompanies data analytics, transportation optimization capabilities as well as the ability to track key performance indicators (KPIs).

2. Need of new age TMS :

The pain areas for manufacturers right now are the metrics, analytics, and KPIs that a cutting edge TMS can give. That data can be utilized to make better decisions. Generally, a TMS paints a KPI/metric-based image of the whole end-to-end supply chain. It additionally interfaces with trading partners the value chain – vendors, customers, freight providers, and transporters – thus creating a complete loop that logistics professionals can go to as a reliable source of data and intelligence.

More manufacturers harness this TMS capacity and then use it as decent information hotspot for how the whole supply chain is performing. This pattern is driving TMS functionality overall at the present and is prompting vendors to mesh such abilities into their solutions.

TMS utilization is growing crosswise over new industries, including mineral, mining and other crude material-oriented organizations, because of the need to all the more successfully oversee expenses, rates, assets, people and transportation all in all.

3. Logix.Network, a new age cloud TMS which is powered with AI :

Logix Network is an AI driven cloud TMS which provides an online networking platform for manufacturers to streamline the information flow. It’s one of its kind network which helps manufacturers to streamline Inbound & Outbound logistics. And gives freedom to manage all the dispatches on single platform from multiple logistics providers enabling them to monitor vendor KPIs, centralized tracking of vehicles, freight computation, invoice validation, analytics & reporting. It also helps manufacturers to get predictive analysis of the which vehicle is to be allotted for what type of shipment on basis of the quantity, weight and dimensions.