In the transportation industry, most of the fleet operating companies utilize some sort of transportation management system to improve their overall efficiency. These transportation management systems keep evolving over time with continuous technological advancement. Few fleet operators find these technological upgrades difficult to adjust with, but in due time they become so accustomed to this technology just like a brand new phone with better features. At first you are not that familiar with the new features but once you are, then you cannot live without it.Read More
The benefits and the features of the transportation management technologies are so many that any fleet company cannot ignore it. Therefore, these companies keep investing more and more in the latest technology.But measuring the true value of your investment in transportation management technology is not as simple as it seems. First you have to make sure that you are utilizing the transportation management technology to its fullest. All the functions and features are properly being used. A thorough understanding of the software is very necessary to find the value of your investment.
You cannot do it overnight as it takes time to evaluate the true potential of the software for your firm. Patience is the key to know the valuation of your investment in the latest technology.
Understanding the Software Requirements for Your Organization
It is important to understand your expectations and requirements from a transportation management software. Every software is specialized in doing certain types of work. New players in the transportation industry don’t understand the difference in technology. Transportation management softwares varies due to the industrial needs, organization size, way of implementation, working areas etc.As such, selecting the right transportation software for your organization is a comprehensive process.
Before starting the process of selecting the transportation management software for your company, you must understand that it takes time therefore do not try to fast forward the process. Our focus should be on selecting a software that can stay relevant for at least 5 to 10 years. A good transportation management software provides its ROI within one and a half years. There are few important functions you need to keep in mind while selecting a transportation management software for your firm.
- Your software should match your specific requirements.
- Your software should be easily upgradable and stay in sync with the latest technological advancement.
- Your documenting procedure should not change too much.
- Should be easy to manage and utilize.
- Your software should be easily customized to fit in your organizational needs.
- Training your staff should not be too hard and complex.
Technologies are changing at a rapid pace and keeping up with it becomes very difficult. As a result your software should be able to handle these changes and stay relevant as long as it can.
Benefits of Transportation Management Software
Video Credit – Cerasis , now part of GlobalTranz
Fleet carriers can measure the true value of tha transportation management technology by going through the benefits of it.
1. TMS can handle all the customer’s order related work like taking orders, sorting them out, assigning drivers and selecting the best possible route for the drivers.
2. TMS reduces the operating cost for the fleet organizations by analytics and optimization. It offers so many suggestions to cut freight expenses.
3. TMS offers real time tracking of the consignments.
4. Most important benefit is excellent customer service. TMS can eliminate the biggest worry of the clients by providing them the real time location of their consignment. You can inform them of the correct ETA of their goods.
5. A good TMS can improve the overall efficiency of the complete supply chain.
Latest transportation management softwares focussed on the shipper’s interest and by keeping that in mind they utilizes the previous data to offer better smart truck solutions. Modern TMS can interconnect all the partners in the supply chain and by doing so becomes a hub of huge data and reliable information.
Most of the shippers are using this ample amount of data to cross check how the whole logistics industry is behaving. Now, the software vendors are also adding these capabilities into the transportation management software.
Due to the high demand and utilization of the transportation management software, this technology remains a focal point among the investors. There are a lot of transportation functions that require automation and safety from any possible disruption of the supply chain. Latest technology helps the transportation industry to overcome all these. Transportation companies gain a clear insight of the expenses, driver’s production etc. all thanks to the latest technology.
More and more companies are going for the latest transportation management software while the previous users are going for the latest upgrades. This situation drives technological demands to a new high.
A lot of companies are wishing for more optimization of the technology or software, therefore the transportation management software’s scope is growing day by day. More and more companies, whether small or large, are adopting the latest technology for their business.
If you look at your investment in transportation management technology and the benefits you reap from technological advancement, you will see you are getting a huge return on investment.