Everybody is talking about the digital transformation of supply chains. “Digitalization” is much more than a buzzword—it’s a very real shift in supply chain management, and the evidence supporting the critical nature of digital transformation is mounting. With the technology available, there’s great potential to use it to improve supply chains. Read More…
5 Routes to TMS-Powered Load Tendering: Part 2
Part 2: Modes and Regions
Today’s transportation management system (TMS) technology leverages the power of analytics and automation to improve every aspect of freight operations – including load tendering.
Last week we explained the merits of three tendering methods executed by an advanced TMS: percentage-based, recursive, and deferred acceptance approaches. These options delve into the carrier base to find the optimum group of service providers for your loads. Read More…
5 Routes to TMS-Powered Load Tendering: Part 1
Part 1: Reaching the Best Carriers
The days when freight managers relied solely on spreadsheets to tender their loads are long gone. In the age of transportation management system (TMS) technology and deep-dive analytics, load tendering has become much more scientific.
These changes have taken place in response to market demands. Increasingly complex supply chains require more sophisticated approaches to selecting service providers. And the approaches have become embedded in the high-level TMS solutions that companies have adopted. Read More…