Utilizing Technology in your Supply Chain

With Supply chains becoming increasing complex, the use of technology (through a transportation management system) to find more competitive rates, greater flexibility and enhancing operations has become vital to every supply chain looking to maintain a competitive edge. Successful 4PL relationships include a commitment to ongoing value through technology with access to historical and real-time reports. This data can then be used to make data-driven decisions that enable long lasting results.

Here are 3 ways Transportation Management Systems can be utilized to improve your supply chain.

1. Improve Visibility

Using technology to increase visibility within orders, shipments and inventory can significantly reduce mistakes, delays, while improving your process along the way.

2. Simplify Scheduling

Transportion management can be very complex, being able to manage scheduling through the cloud (or TMS) can help improve your process significantly.

3. Better Planning

With access to all of your data and information through a single on-line portal. The use of a TMS can help with route optimization along with dynamic incentivized scheduling, digital confirmations and consolidated billing.

In closing, Transportation management systems support a shipper�s pursuit of lower rates. Without a TMS, shippers might find it nearly impossible to consolidate transportation rates, performance and volumes across lanes. A TMS makes it possible to track data in one on-line portal. A TMS automates and consolidates freight invoices, so shippers don’t leave money on the table. If your supply chain is currently not utilizing a TMS, contact Millennium Logistics to find out how we can get your supply chain plugged in with today’s most relevant technology.