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Transportation Management Systems (TMS) Strategic Issues The TMS market is one of the faster growing and most profitable of the various service lines offered by logistics service providers.Ĭomments are closed. Additionally, it is not just retailers turning to e-commerce more brands are selling products directly to the consumer over the Web.
This continued growth will make it more important for organizations to utilize TMS. In the last five years, e-commerce revenues have increased by 51 percent and are expected to grow by 42 percent in the next five years. The growth of e-commerce and omni-channel fulfillment continue to help the market grow as well. These freight savings can be attributed to simulation and network design, load consolidation and lower cost mode selections, and multi-stop route optimization. Of these savings, nearly 60 percent of users indicated that less than 10 percent of the net savings were absorbed by the TMS. In a TMS survey from 2016, ARC found that respondents indicated freight savings of approximately 8 percent with the use of a TMS application. Primarily, a TMS can save companies money by lowering their freight spend.
Today’s more capable TMS solutions offer a strong ROI. Omni-Channel Drives Transportation Management Systems Market Growth A transportation management system (TMS) helps companies move freight from origin to destination efficiently, reliably, and cost effectively. The study is available in multiple editions including worldwide, all regions, and a select group of countries. This Transportation Management Systems (TMS) Market Research Study delivers current market analysis plus a five year market and technology forecast. Transportation Management System (TMS) at a Glance. A new breed of transportation management solution (TMS) is required - one that supports multiple modes and many.
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