FutureTrans is closely monitoring the reopening of cities, states and ports as well as the ramping up of vital workforces that run freight management (in brokerages and companies). We know that each freight related employee comes with an assigned cost and efficiencies matter. Moving too quickly can lead to bad habits and often overlooked inefficiencies which eventually will lead to lost opportunities. Further, errors can weaken the efficiency of your entire process, not to mention result in added charges by carriers, delays in customer service and freight delivery.
One step you can take to save time and costly mistakes immediately is to implementation a Transportation Management System (TMS). A TMS (like FutureTrans) gives you the ability to view bids from all carriers in one place and manage all other processes (Rate-Shopping, Shipment Tracking, Auditing/Accounting) in the most efficient way possible . A Transportation Management System will also ensure each shipment is scheduled at the lowest possible cost, saving you money. This simple step will give you back precious time particularly if you are still managing your freight manually.
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FutureTrans is a next generation cloud-based Transportation Management System (TMS) for managing your freight, that is easy to learn, simple to use, responsive, fast and efficient. Our real-time shipment tracking gives shippers visibility into the day-to-day operations and an overall view of their performance. Let us put the power of FutureTrans into your hands.
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Below are some additional benefits to a TMS (cited source: https://ctsi-global.com/2019/how-a-transportation-management-system-tms-reduces-costs-bottlenecks/)
Logistics is in the midst of a full-scale disruption. The internet, mobile devices, automation, and a whole host of other technological advances are rapidly changing how goods are shipped. To capitalize on the opportunities of this change, many companies are adopting next-generation tools and technology to modernize their supply chain and shipping practices.
Why is a Transportation Management System needed?
Many shippers still rely on spreadsheets, emails, and phone calls to manage their shipping operations. But as freight costs rise, drivers remain in short supply, and wholesale customers expect better service and greater transparency, these antiquated practices no longer suffice. A TMS gives companies a digital toolset that can help shippers make smarter decisions on everything from routing to carrier selection, load optimization to shipment consolidation—all while eliminating costly human error and manual inefficiencies.
Key advantages of a Transportation Management System
Let’s take a more detailed look at three powerful ways a TMS helps shippers save money, improve processes, and operate with greater speed and agility in their logistics operations.
Reduce shipping and admin expenses
Excess freight costs are a common problem for many companies. A well-designed TMS provides insight into areas where expenses can be cut. It acts as a reliable home base, bringing all related costs, contracts, carriers options, and other shipping information into a single, central repository. This gives companies clearer visibility into where money is being spent (or overspent)—and a more nuanced understanding of where it can be saved. A quality TMS also enables shippers to compare carrier rates, which enables better negotiations. On top of that, automating manual tasks saves admin costs.
Ship faster and more efficiently
Carrier selection, shipment execution, load optimization, claims management—these and many more processes are made simpler with a TMS. Everyone in the operation has access to an ongoing ledger of orders that keeps the staff in the warehouse and the drivers on the road up to speed on where goods are located in the warehouse, or in transit, and when they arrive. With this kind of insight (and the elimination of manual labor and guesswork) companies can clear bottlenecks in the process. Transportation departments are streamlined, shippers can stay in touch with carriers around the clock, and the entire connected system helps improve the way freight is managed.
Address bottlenecks and other performance issues easily
The issue of visibility goes beyond simply improving processes. We live in a world where every company is a data factory. And businesses depend on data to drive their operations forward and find new ways to improve the bottom line. A TMS collects data from end-to-end across the entire supply chain. Detailed analytics on carriers, customers, modes, SKUs, and more are all aggregated into a single dashboard where key metrics can be defined and tracked, shaping (and re-shaping) the shipping process in real-time for the best, most cost-effective results. From monitoring driver performance to real-time course correction, to inventory tracking, to tweaking route efficiency, a TMS enables high performance down to the finest details.