Transportation management systems (TMS) are centralized platforms that facilitate interaction among all participants in the supply chain to manage transportation and distribution processes. Key users of TMS include shippers, carriers, warehouse managers, shipping yard workers, freight brokers, transportation intermediaries, and supply chain managers. While TMS has traditionally been considered legacy software, it may lack the advanced features offered by more specialized tools like warehouse management systems or supply chain visibility software. To overcome this limitation, TMS often integrates with other SaaS products to provide enhanced functionalities such as predictive tracking analytics, inventory control, and shipment volume forecasting. TMS is also designed to work seamlessly with procurement and shipping software to assess both inbound and outbound orders, offering multiple transportation solutions before recommending the most efficient and cost-effective option. Additionally, TMS includes electronic load tendering and communication tools to help users select from potential carriers. Finally, it provides shipment tracking and tracing capabilities to ensure optimal delivery with the chosen carrier, along with freight auditing and payment settlement features.
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