Today, “logistics” refers to the effective flow of raw materials and completed goods across the supply chain. According to a survey, U.S. companies spent $1.63 trillion on logistics in 2019, transporting items from their point of origin to their final consumer via various supply chain network components. By 2025, 5.95 trillion ton-miles of freight will be transported across the United States. A company will never be successful in the battle for profitability if its logistics are efficient.
Thankfully, logistics management software enables organizations to make optimal routing and shipping decisions, control expenses, safeguard investments, and monitor the movement of items. Typically, such software can automate processes such as selecting shippers based on rate movements or contractual agreements, printing shipping labels, entering transactions in ledgers, ordering pickups, recording payments and updating proof-of-deliveries (PODs), and assisting with inventory control, among other tasks.

How Does a TMS Increase Real-Time Transportation Visibility?
Learn how a transportation management system can increase real-time visibility.