There is a nice article published by Bridget McCrea in SupplyChain247 magazine that you’ll find of interest. In this she writes about “8 Trends that are Driving Double-Digit TMS Adoption” by outlining research done by the ARC Advisory Group team led by Steve Banker, Director SCM Research. Steve also provides a video webinar outlining the results of ARC Advisory Group’s recent “Transportation Management Systems – Global Market Research” study.
“The simple, bottom line is that TMS can save companies money by lowering their freight spend.”
—Steve Banker
Steve Banker points to the ARC survey as proof of that point, adding that over 40 percent of respondents felt that if they were forced to give up their TMS and go back to more manual processes for planning and execution, their total freight costs would increase by 5 percent to 10 percent. “In fact, 23 percent felt their total freight costs under the control of the TMS would increase by over 10 percent if they were to stop using it,” he adds. This is a nice outline that is worth viewing and Steve provides the contact details for how to purchase the entire study.
The article points to eight key trends that supply chain software analysts say are shaping the TMS landscape:
- The Omni-channel retailer needs support
- Transportation management processes increasingly are global
- Current Systems can handle tactical planning
- Vendors are adding freight forecasting to the mix
- Embedded analytics are in high demand
- Big Data sets is becoming more manageable
- Shippers want systems that help them utilize backhauls
- Planning and execution is increasingly getting a place at the TMS table
For the full article and to see Steve’s webinar, visit http://www.supplychain247.com/article/8_trends_that_are_driving_double_digit_tms_adoption
For information on how Inspirage can help you drive improvements with Oracle Transportation Management Systems, please see https://www.inspirage.com/applications/oracle-value-chain-execution/ or contact us at info@inspirage.com
