Freight management is an increasingly complex yet profitable business prospect. In fact, according to the U.S. Department of Transportation, the value of freight moved is expected to increase to $1,377 per ton in 2040. If you want to keep up with the rapidly-growing industry, the key for your freight broker operations is investing in one of the many types of transportation broker software that can help you track the most important metrics regarding transportation. Here are just a few benefits of using a transportation management system.
Increased Warehouse Efficiency
A transportation or freight management system can streamline your operations and give you more time to focus on other warehouse duties and projects. You’ll spend much less time with tedious data entry, and you’re likely to instantly notice fewer mistakes due to the automated accuracy of the system. These benefits are only expanded when a freight management system is used in tandem with a warehouse management system.
Improved Customer Service
When managers have the ability to use freight management software, they’re able to see the effects of their choices within the system. This ultimately increases customer service because it helps freight brokers ensure on-time delivery with each and every shipment. Having this capability is unique in the sense that the specifics of the reporting and analytics software allows for optimization throughout each and every step of the freight management process.
Easier Inventory Coordination
U.S. e-commerce revenue is about $423.3 billion and is steadily climbing. Whether it’s full truckload, less-than-truckload (LTL), or parcel, carriers are being forced to adjust to changes in the retail industry. When it comes down to it, a freight management software solution will give you the courage and confidence to know that you’re providing your valued customers with the freight they need in a timely manner. Knowing the specifics of delivery times and destinations can help you better plan your business’ inventory schedule as well.
In 2013, trucking transported nearly 15 billion tons of cargo, but the Bureau of Labor Statistics reports that by 2040, that number is expected to increase to 18.79 billion tons. Fortunately, transportation management software can help your company keep up with those growing numbers! This software can help you move freight to its intended destination while prioritizing efficiency, cost-effectiveness, reliability, and timeliness. The right software solution could truly bring your business operations one step above the competition. For more information about the benefits of freight management software, contact 3PL Systems.