The freight transportation and logistics market continues to undergo annual disruptions. Many of these changes have emphasized the real value of integrations within digital freight load matching software.
Rising freight rates, driver shortages, tight truck capacity, and changing customer demands persist. In turn, digital freight matching is more crucial than ever before. For many in the industry, the process shows no sign of slowing.
And as a result, companies need to realize how digital freight matching works well with a transportation management system (TMS) to enable automated process improvements.
Freight Management Professionals Still Juggle Too Many Systems
Significant challenges reside within disparate supply chain processes.
An inability to work across multiple systems and trouble tracking numerous login credentials will inevitably lead to extra work and lost efficiency. There are many moving parts of the supply chain tech stack, such as the WMS, ERP systems, WES, WCS, LMS, and more.
Regardless of their primary purposes in execution, they share a common goal—enabling better proactive supply chain management. And for that reason, partnering with a digital freight marketplace provider can help improve overall performance.
Load Matching Software and TMS Combine for Automation
Understanding the value of integrated systems is essential for freight managers. Never has this been truer than in today’s competitive market. Implementing digital freight matching via a unified system platform is a primary goal for freight managers.
According to Logistics Management: “As the true workhorses of the supply chain management software cluster, transportation management systems have become the ‘must-have’ for companies that need to move beyond clipboards, spreadsheets, and phone calls to manage their increasingly sophisticated transportation networks.”
Managing digital load matching and similar processes within a cohesive system makes it easier to stay current. Moreover, digital load matching that leverages automation can comb through thousands of shipments, send automated updates, and keep your freight spend under control.
6 Load Matching Benefits Realized Through a Combined, Automated TMS
Transportation management systems benefit significantly from collaborations and partnerships, and those collaborations can be real game-changers.
As examples, take the following benefits of automated, digital freight load matching software and how they contribute to improved supply chain efficiency:
- Faster load execution and improved performance. Automated data analysis is critical to freight management. It gets easier to react to problems and order requests with collaborative support.
- Reduced delays in tender acceptance. A good TMS setup can also speed up the process of order acceptance and processing. Response to delays and holdups can also be drastically improved throughout the chain.
- Improved access to more carriers. A benefit of digital load matching that many overlook revolves around improved resource access. Through a TMS that leverages digital freight capabilities, managers can quickly and easily access carriers, drivers, and orders.
- Increased capacity to avoid disruptions. Automated TMS and strong collaborations can help maximize every load that is picked up. This occurs while also improving order handling and response to complications.
- Faster payments both in receiving and processing. The exchange of payment for goods and services is the goal of any business. For freight managers it is crucial, and digital freight matching helps streamline it all.
- Faster and easier responses with real-time data. There is a lot to consider when working with digital data and automated services. Access to real-time data makes decision making faster and easier across the board.
Create a More Collaborative, Integrated System With the Right TMS
In the world’s current state, load matching supports collaborative work within the transportation industry. The best way to secure transportation capacity and lower costs is with a dedicated TMS that has the power, usability, and architecture to integrate digital freight matching capabilities and tools.
The ability to integrate new capabilities, such as digital freight load matching, is an essential need for any transportation management system, regardless of where your loads originate or terminate.