Supply chains have seen simpler days. Not long ago, a seasoned logistics professional could sit down with a basic spreadsheet tool and plan efficient, effective routes with reasonable confidence that the goods would be delivered on time and on budget.
These days, things are different. Linear supply chains are evolving into complex, dynamic webs with many moving parts. As transportation costs rise, companies everywhere are looking for ways to leverage technology in their shipping operations to gain an operational edge.
A transportation management system (TMS) is a key tool for that purpose. In previous articles, we’ve talked about the business benefits of incorporating technology into the supply chain. In this article, we’ll cover how the TMS actually impacts the day-to-day of supply chain management.
Smarter planning through continuous data
Because the TMS serves as a central repository for huge stores of related transportation data, it’s able to automatically crunch and compare a vast range of inputs to find the best mode, routes, and carriers necessary to keep costs at a minimum. Importantly, the data can be crunched in real-time, within established pickup and delivery constraints—meaning shippers have a clear view into where and how they can maximize freight savings, even as the details of a given order change throughout the supply chain.
Better execution through connected visibility
Blind spots in a supply chain can cause unnecessary bottlenecks and other inefficiencies. Conversely, end-to-end visibility into your supply chain makes it easier to course correct when something goes wrong. A TMS enables shippers to monitor freight in transit down to the smallest detail. Whether seeking the ideal consolidation point, or adapting to a last-minute inventory shortage, the TMS connects all the dots to alert shippers to problems in transit—and help resolve them in a faster, more cost-effective way.
Higher profits through contextual intelligence
Modern supply chains are more fragmented today than in the past—complex webs of interrelated systems and moving parts. The better a company can drill into this vast and expanding network, the more levers it can pull to increase efficiency and profit. By bringing data together from disparate systems, formats, and processes across the supply chain, shippers get a clearer picture of how each detail impacts the overall financial objectives of the business both in the short term, and in the long term, too.
Building the supply chain of the future:
Supply chains are only going to grow more complex. But a fully integrated transportation management system can help turn that complexity into a competitive advantage. At CTSI-Global, we’ve put our 60 years of experience in building what we believe is the best TMS on the market, for both inbound and outbound. Get in touch today and let us show you what it can do.