![]() Grand View Research reports that the market for these systems is expected to expand at a CAGR of 16.2% between 2019 and 2025. Once the domain of only larger entities, TMS software is now being used by smaller companies that need an integrated digital system to compete in today’s marketplace.Ĭloud-based technologies combined with growth in the e-commerce sector is spurring demand for TMS software. ![]() The emergence of cloud-based transportation management system software has leveled the playing field. A TMS system reduces costs for both businesses and end customers. Part of the larger supply chain management system, TMS logistics software helps ensure timely delivery of goods by optimizing loads and delivery routes, tracking freight across local and global routes, and automating previously time-consuming tasks, such as trade compliance documentation and freight billing. A transportation management system is a software system that helps companies manage logistics associated with the movement of physical of goods – by land, air, sea, or a combination of transportation modes. ![]()
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