From high fashion to technology in every sector, transportation management systems are among the must-haves for today’s logistic company. According to Orbis Research, the global TMS market is expected to reach $4.33 billion by 2025 (71.8% growth compared to 2020). Such solutions have dramatically revolutionized the logistic industry, while the main idea lies in reducing costs at every stage of a supply chain.
A transportation management system is designed to serve the transport and logistics industry when it comes to increasing the efficiency of goods shipment. Since TMS solutions have entered the market as an in-demand trend, the number of companies offering these systems steadily grows. Meanwhile, we may distinguish key features and benefits of an average software product.
When business owners implement a transportation management system, they usually expect to receive the following features:
This said, TMS solutions make a supply chain cost-effective and minimize risks related to transportation and delivery.
While talking about pros, every software may have a string of individual advantages. If we dive into the comparison of such systems, a list of general benefits includes the following strengths:
The implementation of transportation management systems jumps your company into a new efficiency level. This said, contemporary businesses need to get innovative and cost-effective solutions to stay alive during the pandemic and post-pandemic periods.
Custom-tailored or ready-made systems? This is a dilemma every business owner has to solve while choosing the right logistics software for their company. Both types have a range of pros, while bespoke solutions are cheaper; this is why clients frequently glance over that software at first. Here is a list of top out-of-the-box transportation management systems as of 2021:
Overview:
MercuryGate is a global popular TMS designed for all modes of delivery. Such a ready-made solution is based upon the cloud-based technology to enable users to get remote control of the system. Software is suitable for companies that expect the future growth of their business, as scalability is among the strong points of the TMS. MercuryGate is compatible with diverse delivery modes: LTL, FTL, railway, etc. The system makes shipping processes transparent for end-users that simplifies the communication between two sides. This solution is considered global; this is why MercuryGate is equally convenient for domestic and international transportation companies.
Price: Moderate.
Target audience: A TMS is designed for small, medium, and large businesses Deployment options: Cloud and desktop solutions.
Oracle Transportation Management
Overview:
The Oracle TM solution is designed for transportation companies to manage all aspects of freight carrying. The system includes instruments for transportation planning and control, including the opportunity to involve third parties. Such software helps business owners unite and simplify transportation planning, invoices, and payments, automate all the business processes within a supply chain. Furthermore, Oracle TM gets constant updates with new features, including advanced fleet management, more detailed information for drivers, etc.
Price: Moderate. Target audience: A TMS is designed for small, medium, and large businesses Deployment options: Cloud and desktop solutions.
Overview:
A Transportation Management System by Blue Yonder is compatible in two modes: on-premises or cloud-based. The system automates and synchronizes all the processes inside a supply chain, offering business owners to minimize their expenses. The software functionality opens the fullest expertise and analysis for all users, transforming every stage into an exceptionally transparent chain. Furthermore, this TMS simplifies communication among drivers, managers, and other users. As such, the Blue Yonder TMS is a convenient solution to minimize cost spending and maximize the efficiency of all processes.
Price: Moderate. Target audience: A TMS is designed for small, medium, and large businesses Deployment options: Cloud and desktop solutions.
Overview:
This transportation management system accentuates the necessity to optimize supply chain processes. The implementation simplicity is among the top pros of Kuebix. The software enables business owners to get an effective platform for advanced analytics and transportation transparency. Furthermore, Kuebix is ready for your business growth – scalability makes the TMS adjusted to diverse needs. As for diverse delivery modes, the system works with the ground, water, and air delivery options.
Price: Low.
Target audience: A TMS is designed for medium, and large businesses, being less effective for small companies. Deployment options: Cloud and desktop solutions.
Manhattan Active® TMS
Overview:
Manhattan Active® TMS is among the most technological solutions for logistics companies. Business owners are able to implement software to get advanced planning of every supply chain stage. The system features include procurement management, fleet control, audit, automation of payments and invoices, and other useful options. Furthermore, users get multimodal functions to meet end-customers’ expectations.
Price: High. Target audience: A TMS is designed for small, medium, and large businesses Deployment options: Cloud and desktop solutions.
If we take a look at the abovementioned ready-made systems, all the solutions correspond to required benefits, enabling business owners to reduce expenses and increase the efficiency of supply chains. Such TMS platforms are truly effective and useful for diverse logistic businesses, but there is one catch.
Here’s another way to optimize transportation efficiencies lots of logistics businesses tend to choose. Every company has a string of individual demands, and as an owner of a logistic company, you expect to obtain a transportation management system that entirely matches your expectations. If out-of-the-box TMSs fail to meet your requirements, you’d rather apply to reliable software development companies to get custom-crafted software. Make sure they have an experienced team that takes all the goals of your business into account while offering the most suitable TMS solutions.
Either way, picking the right TMS for your business means to find a robust software solution, which is the combination of experience and innovations so that your business could conquer new peaks hassle-free.
Also published on: https://hebronsoft.com/blog/top-5-transportation-management-systems-tms-2021-trends