A transport management system (TMS) is specialized software that helps companies to efficiently plan, execute and optimize the logistics and transport of goods. It is a central component of supply chain management and offers numerous functions to improve the entire transportation process.
Main functions of a TMS:
Transport planning and execution: automated selection and booking of means of transport, route optimization and real-time tracking of shipments
Freight management: management of freight costs, order management, pricing and invoicing.
Reporting and analysis: forecasting transportation needs, analyzing rates and profitability and adapting to unforeseen circumstances.
