The global transportation management system (TMS) market is booming, as logistics companies seeking to improve efficiency and reduce costs have contributed to its rapid growth. The market size of TMS software was valued at $10.5 billion in 2022 and is projected to rise at a robust 14.8% compounded annual growth rate through 2030. An advancement in technology is paving the way for continuous innovation, and matched with steady growth in retail and e-commerce, is forcing companies to adapt–or be left in the dust. Managing logistics systems is more essential than ever as companies strive to increase productivity in all aspects of their operations throughout the supply chain. To do so, they must be able to capitalize on the features of a TMS to share data seamlessly with stakeholders throughout the transportation network.
With the transportation management system market rapidly expanding, companies need a place to turn to make sure every facet of their business blends well with a TMS. This article will explore seven vital ways TMS software can be integrated into the logistics of your company, and how Turvo leads the way in providing software solutions that permit every system to connect with each other in one platform in real time.
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