Improved performance

Using a reliable TMS can help you monitor the performance of your company’s internal and external resources. Utilising the TMS in monitoring performance gives a better view of the entire process, and early action can be taken when necessary. Your company can also use this information to upgrade and improve your service and support efforts, increasing customer satisfaction.

Reduced administrative costs 

By integrating a logistics management software into your trucking business’ daily ops, you’ll save on countless administration hours previously spent on data entry and invoicing. With a well implemented TMS, an entire job can be automated from a single entry with auto pricing in place to pull costs from previous jobs of the same spec, and integration with multiple popular accounting software companies such as Xero and MYOB.

Better utilisation of warehouse space

If you use a warehouse as part of your transport business, you’ll know that they can fill up in no time, becoming a logistical nightmare for all involved in using this valuable space. A TMS can effectively use this area by seamlessly ensuring shipments flow in and out of the warehouse, keeping track of and managing the flow of products. The internal business use of a TMS results in saving time and money.

Eliminates human error and ensures smooth execution of shipment

A TMS eliminates simple mistakes, especially when dealing with shipping and dispatches. When receiving information from partners in the supply chain, the software automates all repetitive tasks in the shipment process, reducing the likelihood of mistakes. Data entry errors can add up over time and easily surpass the cost of installing transportation management software, depending on the size of your operation.

Optimises load and route planning process

The TMS can help you optimise the load weight of each delivery and choose the best route for a cost-effective shipping process. This reduces the possibility of human error and avoids the risk of heavy and unsafe loads, freeing up valuable resources associated with building and adjusting loads. Optimisation in both these areas can reduce freight costs by up to 15% annually.

Greater collaboration between supply chain partners

A key feature of a TMS is its ability to connect every single step of the journey. With increased collaboration, supply chain partners can identify issues that may affect the entire supply chain, not just themselves. Increased input like this can justify the cost of transportation management systems for your business and highlight the benefits of collaboration amongst your trading partners.

The advantages of a TMS for your business are unparalleled. From simplicity of use with no necessary training due to the easy to navigate platform, utilising auto pricing from previous jobs, and streamlined job management, to integrated invoicing making managing accounts simpler than ever. A transport management system really does transform your day-to-day business operations whilst cutting down in admin time and costs drastically.

There are a few disadvantages that should be considered when looking to implement a transport management system within your business. One can be high implementation costs. This can be combated by sourcing a cloud based TMS like MyTrucking, meaning you don’t have any internal hardware or software to be concerned about.

It’s also important to make sure your TMS partner is an experienced provider that can assist in tailoring the software to your exact business requirements. If not the TMS may be inefficient in operating how you need it to.