A Transportation Management System (TMS) is a software solution that helps companies to manage and optimize their transportation operations. TMS solutions are designed to help companies plan, execute, and track the movement of vehicles, as well as manage the associated costs and risks. TMS solutions can be used by a wide range of companies, including manufacturers, retailers, logistics providers, and freight forwarders.
Planning and Optimization
One of the main functions of TMS is transportation planning and optimization. This includes features such as route optimization, load planning, and carrier selection. These features help companies to choose the most cost-effective and efficient routes for their shipments, which can help to reduce costs and improve delivery times.
Execution and Tracking
Another important function of TMS is transportation execution and tracking. This includes features such as shipment tracking, real-time monitoring, and exception management. These features help companies to track their shipments in real-time, and to quickly identify and address any issues that may arise.
Cost Management and Compliance
TMS also includes features for transportation cost management and compliance. This includes features such as invoice processing, auditing, and compliance management. These features help companies to manage their transportation costs, and to ensure that they are in compliance with all relevant regulations.
By using TMS, companies can reduce costs, improve delivery times, and ensure compliance with regulations, resulting in a more efficient and effective transportation operation.
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