Not every transportation management system platform provides true visibility and usability across every supply chain operation. Without sufficient TMS capabilities, transportation network partners struggle to maintain awareness and execute activities across a freight shipment’s life cycle.
“Ask analysts to name the most important development in supply chain technology in 2021, and they will likely say something about visibility,” reports Inbound Logistics. “A host of disruptions over the past two years underscored the need for companies to know the status of their shipments in real time.”
1. Dynamic Process Improvement Powered by Your TMS
2. Broad Freight Capacity Assistance
Greater freight capacity assistance allows shippers and logistics service providers (LSPs) to understand and better plan for changes in the available capacity.
The platform predicts capacity needs on an ongoing basis. Additionally, by connecting to digital load boards, the platform capabilities improve load matching and reduce costs on freight that’s not moving.
3. Freight Market Rate Index
A freight market rate index analyzes freight management contracts and provides access to transportation rates across modes within a single platform.
MercuryGate TMS capabilities include a market rate index that analyzes more than $60 billion worth of freight management contracts. Inside the platform, users can leverage 300% more rate data than they can access in existing freight indices.
4. TMS Optimization of Route, Rate and Processes
5. Omnimodal TMS Capabilities
Omnimodal shipping refers to the ability to execute and track transportation across multiple modes, without repeating the entire freight scheduling and management process at each step.
6. TMS Automation of Exception Management
Prioritization of exceptions offers additional advantages within a TMS platform. This can be especially critical when managing time-sensitive transportation in pharmaceutical and food supply chains. Shippers use advanced functions to prioritize reroutes or other changes according to the needs of receiving parties and the shipper.
7. TMS Capabilities to Build Dynamic Rule Sets
8. Embedded Parcel in TMS Capabilities Platform
9. Comprehensive Carrier Management
10. Fleet Management
For shippers operating in-house fleets, fleet management tools are essential to keeping in-house costs below the costs of outsourcing. For logistics service providers, fleet management resources are just as invaluable in supporting efforts to manage drivers, equipment, and operations.