The shipping industry has been undergoing a lot of changes lately, and these changes largely center around shipping technology and shipping software. Potentially the most prominent shipping software developing on the market currently is the transportation management system (TMS). Today, both small and large shippers want top-tier TMS shipping technology to deal with other shipping industry changes, such as: the Amazon effect, ecommerce-retail blending, global shipping operations, and shifting freight shipping rates and parcel shipping rates. As shippers begin to search for advanced transportation management systems to manage their freight shipping and parcel shipping supply chains to improve their logistics management, the following are some things shippers should keep in mind about TMS shipping software abilities.

TMS Criteria

  1. Your transportation management system should act as a rating engine to select lowest cost carriers for specific shipping modes, and accessorials.
  2. Good shipping software should improve supply chain management by indicating service level for more accurate choices.

  3. TMS should also help to optimize your supply chain by consolidating shipments into a pool distribution network if it’s necessary.

  4. Solid TMS shipping software will also be capable of making bills of lading for both inbound and outbound shipments, while using the shipping technology to consolidate same day or same location shipments.

  5. Transportation management systems should also handle tendering and booking to improve logistics management by dispatching shipments to the correct carrier.

  6. Shipping software like TMS should also be capable of pinpointing violations of using the wrong carrier for your freight shipping or parcel shipping.

  7. Tracking freight and parcel shipments from pickup to delivery is another requirement of quality shipping technology.

  8. Small parcel auditing and freight auditing of invoices to ensure accuracy with parcel auditing software or freight auditing software in combination with TMS technology and logistics management services should be options.

  9. For accruals, transportation management systems should also work to ensure accurate account coding.

  10. Useful shipping data should also be provided by shipping software like a TMS, to improve supply chain management by providing analytics on trends, totals, on time delivery, and so on, for individual shipments, suppliers, and carriers to ensure cheap shipping rates for freight and parcel to save money shipping.

  11. Finally, transportation management shipping software should connect with ERPs to automatically send reports to those who need them.

Functionality is really the name of the game for transportation management systems and other shipping technology or shipping software. Improving your logistics management for freight shipping or parcel shipping depends on having the right capabilities provided by your TMS. Other things, like stored vendor and consignee locations to streamline the shipping process and expedite speed of carrier shipping rate selection are other perks the shipping software should provide to make supply chain management easier. Keeping stored data on your shipments, accessorial charges connected to certain shipments, carriers, vendors, or consignees help to provide actionable shipping data to improve your freight shipping and parcel shipping management.
To really improve your logistics management, advanced transportation management shipping software should be utilized to optimize your supply chain, and the above criteria for shipping technology functionality is a good place to begin searching for the right TMS provider for your freight or parcel shipping business.

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