What Are the Supply Chain Visibility Features and Benefits to Expect From a TMS

What Are the Supply Chain Visibility Features and Benefits

Supply chain visibility has long remained a defining feature of successful transportation service providers. The ever-evolving and adapting transportation management system (TMS) platform remains a vital piece of the supply chain puzzle. According to Logistics Management, shippers are using more technology to work through these and other transportation-centric problems across all industries and shipping modalities. Recent years have seen investments go up several fold across the entire supply chain technology spectrum as logistics managers and supply chain supervisors continue to reach for the often-elusive goal of network management visibility. A host of benefits come when innovative TMS platforms are appropriately utilized to boost visibility within the digitized supply chain:

1. An Advanced TMS Supports Dynamic Rerouting

Routing and shipping management, and tracking are critical services for supply chain visibility today. A TMS is more than just its desirable features. It remains essential that management be willing to embrace increasingly sophisticated transportation networks and platforms. Accurate visibility comes from dynamic rerouting and management services and features, such as those provided by a TMS.

2. Better Visibility and Asset Management Promotes Optimization

A modern TMS takes advantage of contemporary Cloud storage and easy remote accessibility to allow faster optimization and asset management across the board. It allows for better data analytics, transportation optimization, critical performance indicator tracking, and improved supply chain visibility. Loads become easier to plan and manage, and disruptions become less frequent with end-to-end visibility in place.

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3. Network-wide Data Analytics Create Smart Financial Planning and Strategy

Data is king when it comes to the modern supply chain network. Much of the day-to-day operations rely on access to real-time data, which can be used to make better decisions. Smart transportation and intelligent decision-making are more accessible when team members can make decisions and judgment calls based on accurate up-to-date data.

4.Real-Time Shipment Status and Updates Build Collaboration and Communication With Trading Partners

At the heart of supply chain visibility is the need for a TMS platform that uses real-time shipping data and status updates. While the TMS has historically centered on scheduled updates and reports, the new approach is vastly different, with consumers demanding constant on-demand status updates and reporting. Real-time communications and collaboration help improve overall transportation management and shipping success rates.

5. Track the Shipment From Procurement Through Final Mile

As corporations push to improve shipping and inventory operations, TMS is helping them achieve that goal with an innovative look at shipment tracking, particularly with final mile status updates. The last mile remains a key area of vested interest for many shippers, thanks to its overall dynamic nature. Improving supply chain visibility and tracking for last-mile delivery services can significantly enhance overall network success.

6. A TMS Uses Indices and Cost Analytics to Increase Transparency Into All Activities

Traditionally, every central system or process within the supply chain had its separate data silo where everything was contained and organized. Ultimately, this meant very little transportation network visibility, and even less collaboration could take place. With the current focus on logistics, adaptability, transparency, and pricing, a TMS platform can help shippers maintain competitive rates and services.

7. Supply Chain Visibility Helps Shippers, Carriers and Brokers Thrive

The modern TMS platform helps improve supply chain visibility by enabling adaptability and scalability. Everyone from shippers to carriers to brokers can enjoy many benefits when the correct approach is utilized. With proper onboarding and utilization, it is possible to improve services and boost performance throughout the supply chain.

Enhance Throughput by Tapping the Features of a World Class Solution

Supply chain visibility is a critical and defining feature of successful transportation service providers. This has never been more vital for shippers, carriers, and freight management brokers alike as the market as a whole continues to face challenges. Tap into the benefits of a transportation management system today by contacting MercuryGate.

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