In logistics, it is advisable to use a Transport Management System (TMS). With such a system, you can promote efficiency in the supply chain and keep customers happy. But choosing a TMS sometimes still proves difficult. Today, there are hundreds of providers in the field of TMS. To ensure that the TMS meets your requirements and needs, it is best to choose a system with the following 5 functionalities.
1. Contract management.
It is not unlikely that you have contracts with several transport services that differ from each other. With the right TMS, you can manage and compare these contracts digitally. With this system, you can immediately see which carrier is the cheapest. In addition, it is important that a TMS can calculate the exact cost of shipping, so you know exactly what rates you can charge
2. Risk management
Transporting hazardous materials or substances requires preparation. You must have your paperwork in order and the cargo must be labelled with the right stickers. When transporting hazardous materials, it is therefore important that you choose a TMS that takes care of this paperwork for you.
3. International functionalities
This feature is only important if you plan to do business internationally. In that case, a TMS should have multiple languages, be able to calculate exchange rates and provide assistance in choosing sea or air carriers. In addition, a TMS should offer insight into local taxes and required paperwork.
4. Product-level visibility
If shipping is an important part of your business, you need to be able to track products being shipped. A TMS should show you exactly where a product is and notify you when it shows a discrepancy. Communicating this to your customers makes you a transparent partner to work with.
5. Analysing data
Running a business involves a huge amount of data. A good TMS allows you to analyse your operations and use the data to minimise logistics costs, reduce shipping times and develop KPIs
The important thing to remember is that every company has its own priorities. So, in addition to the above points, there may be some additional functionalities that apply to your company. What do you think is important in a TMS? Let us know in a comment.
Editorial LogistiekProfs
