A strong transportation management system (TMS) for e-commerce lays the foundation for the latest and greatest logistics applications that allow small suppliers to maximize supply chain management. But online retail giants like Amazon and Walmart dominate the global supply chain using advanced TMS, leaving smaller suppliers feverishly trying to compete.
That puts small suppliers at a disadvantage because online consumers expect lightning-fast shipping and real-time visibility to track orders. Suppliers competing in a global e-commerce market must have a TMS to compete.
Real-time e-commerce integration
Suppliers need fully integrated shipping platforms to meet consumer expectations to know where packages are at every step of the shipping process. By using applications that are incorporated through API, TMS for e-commerce provides real-time visibility of shipments so that suppliers know where shipments are globally and at any time.
For example, CTSI-Global’s pre-existing relationships with over 20,000 carriers are included in the HoneyBee TMS™, a multi-carrier shipping application that easily allows suppliers to access carriers and manage orders.
Using TMS for e-commerce expedites the shipping process and helps manage and reduce costs. Predictive analytics can be applied for accurate demand forecasting with data for all shipments available on one platform. From there, supply chains can be adjusted accordingly with the use of other helpful tools that are available through the TMS.
Access to logistic tools
TMS for e-commerce is a lot like participating in e-commerce itself because transportation management systems work first and foremost as integration platforms, almost like smartphones. But instead of shopping for tools on the App Store, logistics applications can be incorporated into the TMS.
CTSI-Global’s HoneyBee TMS™ works with content providers such as Strategic Technology Partners, BI Analytics, and Google to provide applications for AI, mapping, broker markets, and currency conversion. With applications available a la carte and made directly accessible through the system, suppliers can seamlessly access the tools they need and bypass those that are less relevant.
For example, if a supplier wants to improve customer experience, they can choose tools from logistics providers that optimize the supply chain to manage inventory, forecast demand, and increase transparency. These options might integrate blockchain, AI, and IoT systems to further automate processes, depending on a supplier’s needs.
If a supplier wants to lower costs, they can also access the TMS to consolidate freight, compare carriers, and negotiate rates. Access to the 20,000 carriers included with the HoneyBee TMS™, suppliers to provide varying shipping speeds and options.
No longer a luxury for e-commerce
While a transportation management system may not have been a worthwhile expense for small suppliers in the past, it’s now a necessity to provide accurate, on-time shipping and a return on investments. The HoneyBee TMS™ effortlessly optimizes warehouse technologies and order management technologies, incorporating all of the tools a small supplier needs in one easy-to-use platform.
Contact CTSI-Global today to talk about how to integrate a robust TMS into your supply chain.