What is a truck management system?
TMS, also known as a Truck Management System (TMS), is a software system that controls the dispatching of trucks or carrier fleets, invoicing, driver pay, driver records, International Freight Transport Association (IFTA) reporting, and DOT compliance. Besides that, a Transportation Management System simplifies operations by optimizing carrier routes and delivering vital statistics while simultaneously increasing customer service across all company domains.
What Are the Advantages of Using a TMS?
The most significant advantages of a TMS include the elimination of redundant data entry, improved truck utilization, improved visibility and communication between dispatchers and drivers, improved customer service, the ability to manage more difficult but higher-paying, freight, streamlined accounting and integration with QuickBooks, simplified driver management, DOT regulatory compliance, simplified IFTA fuel tax reporting, and vital business intelligence with robust KPIs, among other things.
Transportation Management Software Is Beneficial to Whom?
Transportation Management Software is beneficial to truckload carriers, freight brokers, 3PL companies that handle third-party logistics, and less-than-truckload – LTL carriers, among other industries. All of these sorts of activities may benefit from the use of Transportation Management Software in some way. Today, the sector provides both cloud-based and desktop transportation management software to assist all sorts of transportation enterprises in managing growth, increasing revenue, and maximizing profitability, among other things.
The need for a transportation management system
When it comes to supply chains, transportation management systems are essential, impacting every step of the process, from planning and procurement to logistical management and lifecycle management. Due to the broad and deep insight provided by a robust system, more effective transportation planning and execution may be achieved, resulting in greater overall customer satisfaction levels. This, in turn, leads to more sales, which aids in expanding enterprises. In addition, because we live and