Leveraging a TMS for Domestic and Global Transportation
Q: What are the biggest challenges facing shippers in today's economic environment?
A: In today's market, managing transportation domestically and globally in one system with a single workflow is a key factor for a more efficient and cohesive supply chain. Many businesses still use manual methods or multiple systems to manage freight, with no way to measure service or performance. Other companies are bound to installed/hosted legacy transportation management systems (TMS), which limit the flexibility and control tower visibility necessary for end-to-end supply chain management. With limited metrics and no best practices, companies struggle to improve services and reduce transportation costs.
Additionally, having access to information to plan and execute an international shipment, shippers need to access many different sources for information including trade compliance, sailing schedules, requesting bookings, import and export filing, and tracking.
Q: How can today's shippers effectively manage domestic and global freight?
A: To support global initiatives, shippers should consider leveraging a Software-as-a-Service (SaaS) TMS with domestic and global functionality. True global logistics technology enables companies to successfully manage all modes of transportation—domestic and global—under one platform with a single workflow while providing complete visibility and direct collaboration between shippers and carriers.
By leveraging a global TMS, shippers are empowered with a comprehensive solution for managing domestic and port-to-port freight that directly impacts the bottom line. Automated communications, processes, and workflow between supply chain partners allow companies to improve efficiencies while gaining visibility into freight payment and discrepancies before they impact the company's finances.
Global transportation technology bridges the gap for multi-divisional enterprises, enabling domestic and global logistics management in one system with a single workflow that delivers significant value for shippers and carriers.
Q: How can companies looking to expand internationally leverage a TMS?
A: Find a TMS with both domestic and global functionality. It provides scalability for those companies that are currently handling domestic freight while looking to expand into international territories, or even those companies that are currently managing international freight outside of their domestic processes but need one flexible platform for domestic and global transportation.
Furthermore, with a SaaS TMS solution on one platform that offers a single workflow, companies have visibility to true total landed costs and lead-times to make better sourcing decisions while monitoring and managing supplier performance all over the globe.
A true SaaS solution for transportation management enables companies to reduce overall transportation spend, gain visibility into domestic and global transportation processes, improve collaboration between all global partners of the supply chain, and scale and quickly adapt technology based on domestic and global needs.