Kuebix Transportation Management

Why is Transportation Management Important?

Before transportation management systems (TMSs) came into the picture, nearly all logistics processes were done on paper. Shippers spent countless hours calling and emailing internal and external partners just to ship their freight. Transportation management technology changed all of that.

The first TMSs were housed on-premise and did speed up shipping processes. However, since these pieces of technology resided solely within the “four-walls” of the company, they presented many challenges. These included difficulty updating to the latest version and integrating with other platforms. These issues inspired the creation of cloud-based transportation management systems. Cloud-based transportation management systems allow users to connect with internal and external partners and applications much more easily and offer scalability impossible with on-premise software. This modern version of a traditional TMS also offers a quick start-up, low usage costs and greater flexibility.

Many members of the industry often wonder why transportation management is important and why it continues to evolve. The truth is technology is changing every industry and transportation and supply chain are no exception. Many businesses feel that their current operations are working just fine. That doesn’t mean they aren’t missing opportunities for time and money savings, collaboration with other industry members and an increase in customer service quality. Ignoring the significance of transportation management and all it has to offer means missing out on opportunities and the rapid return-on-investment competitors who have adopted a cloud-based TMS are already experiencing. So, what are the reasons transportation management is important?

Benefits of a Transportation Management System (TMS)

Save Time and Do More Without Adding to Labor Costs

The implementation of a TMS keeps companies from wasting a significant amount of time on mundane and repetitive paperwork. Technology speeds up the performance of necessary tasks and allows companies to delegate time to other aspects of the business, allowing them to do more without driving up costs.

Reduce Human Error and Streamline Operations

Time spent comparing carrier rates and booking shipments is significantly reduced through the use of a TMS. Options are displayed on a single screen to make comparison and final decision making faster and easier. Users that integrate their ERP with their TMS eliminate the concern of human error occurring when re-keying orders.

Improve Visibility and Customer Satisfaction with Better Information to Communicate

Transportation management systems provide users with real-time tracking and order information. Companies are equipped with detailed and accurate information to pass onto customers, providing visibility across the supply chain and improving their customer service.

Aggregate Your Shipping Data in One Place to Easily Analyze for Strategic Decision-Making

Shipping data funneled into actionable reports and dashboards allow users to understand every detail of their freight spend. Companies can make strategic decisions based on data provided to further improve their operational efficiencies. They can also be used to evaluate carrier KPIs and total freight spend by item.

Improve Your Company’s Bottom Line

Utilizing a TMS drives down expenses through improving the timeliness and accuracy of operations across the board. Logistics teams can save significantly on total freight spend by always comparing rates to select the best one for every shipment. Companies who implement a cloud-based TMS have increased visibility throughout their supply chain, opportunities for communication and collaboration with carriers and customers, and significant time and money savings.

How Do I Know What Kind of TMS Software is Right for Me?

To determine which kind of transportation management system (TMS) suits your company best it’s important to think about how many shipments you’re making each month and how many locations you have. By answering a few simple questions, Kuebix can provide your company with a personalized recommendation to help answer this question.

Kuebix TMS Holiday Hiring Trend

Retailers and Carriers are Increasing Labor Ahead of the Holiday Shopping Season

Fall is here and retailers are already preparing to get in the holiday spirit! Many businesses announced their seasonal hiring plans before summer ended. A recent Indeed holiday hiring survey indicates that holiday job searches per million job seekers rose by 11% in comparison to last year. The unemployment rate is holding steady at an unusually low 3.7%, so it should come as no surprise that retailers such as Kohl’s, Famous Footwear and Bath & Body Works are scrambling to fill open positions pre-holiday season.

Deloitte’s annual holiday retail projections anticipates that e-commerce sales revenue will fall between $144 billion and $149, an increase from last year’s $126.4 billion spent online. Total retail sales are expected to land somewhere between 4.5% and 5.0% for the period (up from 2018’s 3.1%). The combination of open full-time positions and an increase in money spent makes it critical that seasonal employees are hired before the first holiday hits.

Retailers aren’t the only ones gearing up for holiday season. Both FedEx and UPS have made announcements regarding seasonal hires. FedEx plans on adding 55,000 workers to its already expansive staff of 450,000. Majority of workers added will contribute to the FedEx Ground network.  UPS is set to hire 100,000 seasonal workers to combat the holiday shipping rush. They’re expecting daily package deliveries to nearly double compared to their average 20 million per day. Long-term positions with UPS aren’t out of the question – 35% of people hired for seasonal jobs over the last 3 years have been made permanent employees.

Companies everywhere are struggling to identify the best method to successfully navigate the incoming holiday season. An easy solution to reduce operational inefficiencies is implementing a cloud-based transportation management system (TMS). Through utilizing a cloud-based TMS, companies can lower usage costs, have greater flexibility and experience a rapid return-on-investment (ROI). A cloud-based TMS gives all businesses complete supply chain visibility, saving them time and helping them provide better customer service.

A cloud-based TMS connects users with other shippers, carriers, brokers, freight marketplaces and 3PLs in the network. Users can streamline manual processes and manage all of their shipping functions within a single system. This simplified process creates opportunity for users to earn more while saving time.

No matter how you approach it, pre-holiday season is here and shoppers are ready!

Digital Supply Chain Kuebix

Digital Supply Chains are Becoming the Industry Norm

In the Material Handling Institute’s (MHI) 2018 annual survey on next generation supply chains, 80 percent of the respondents “believe that the digital supply chain will be the predominate model within the next five years—with just 16% saying it’s happening today.” The report describes digital supply chains as “information ecosystems in which a connected and carefully coordinated set of movements and actions must be tracked at every level in order to maximize efficiency and meet customer demands for increased flexibility, visibility and transparency.

Sounds like the foundation of the ecosystem should be a transportation management system – one that allows users to track and trace all movements of freight through all parts of the supply chain, providing SKU-level visibility from the supplier to the end customer.

The digital supply chain has several distinctive characteristics:

  •      •     It is always on – 24/7/365. Because supply chains are global, they must operate around the clock.
  •      •     It’s hyper-collaborative with carriers, suppliers and shippers connected to a robust network where everyone can communicate and collaborate with everyone else on the network, coordinating loads for continuous moves, consolidation and more.
  •      •     A digital supply chain focuses on customer service to better meet the exponential increase of e-commerce orders with faster delivery times and Amazon-like experiences.
  •      •     It’s driven by predictive analytics that utilize real-time data feeds from across the enterprise, producing deep insights for better decision making.
  •      •     It can adapt and grow alongside a business by adding modular features, such as dock scheduling to keep trucks moving while eliminating wait times.
  •      •     It can respond quickly to disruptions so as to mitigate risk due to sudden weather changes, socio-economic issues and other challenges.
  •      •     The digital supply chain reduces fuel and energy consumption which minimizes environmental impact and benefits sustainability initiatives.

The digital supply chain includes a number of innovations that will disrupt the status quo and give competitive advantage to participants. These technologies include: robotics, predictive analytics, Internet of Things, sensors and automatic ID, inventory and network optimization tools, artificial intelligence, driverless vehicles and drones, wearable and mobile technology, cloud computing, blockchain and 3D printing. All of these innovations can work together to create operational efficiencies and competitive advantages.

A digital supply chain is a connected ecosystem that orchestrates activities end-to-end, bringing visibility, risk mitigation, cost reductions and greater efficiencies that contribute to shareholder value. The technology for a digital supply chain starts with a transportation management system like
Kuebix TMS that supplies the digital connections, collaboration and coordination needed to maximize efficiencies and innovation.

Don’t get left behind, waiting to see what others are doing. Your digital transformation can begin today with rapid on-boarding and implementation of Kuebix TMS.