1. Identify Your Strengths and Weaknesses in the Existing Tech Stack
The first step in building a successful transportation management system vendor list is identifying your existing tech stack’s strengths and weaknesses. This first step assists in assessing the immediate needs of existing technology that the company utilizes. Different transportation management systems will either improve business operations or, should these strengths and weaknesses remain unidentified, vastly undermine the existing technology stack. And failure to see those issues can present trouble when trying to get stakeholder support for a new implementation.
2. Create a Set of Standards for Measuring Vendor Strengths and Weaknesses
Companies should also make sure to set standards for measuring the vendors’ strengths and weaknesses as well. Businesses that come prepared for their vendor list assembly with this knowledge can better narrow down their selections. This means that wiser decisions can take place based on both vendor appeal and the company’s own transportation management system desires.
3. Focus on Your Long-Term Strategy for Managing Logistics
Establishing a long-term strategy for logistic management should take priority for transportation management system selection. Companies with plans for their long-term goals and objectives will make wiser decisions based on their needs. For instance, think about both the inbound flows for freight claims processes and how those align with outbound freight management.