Transportation Management Systems (TMS for short) are one example of how technology is revolutionizing the freight brokerage industry. Before these types of programs were commonplace in many of the brokerage companies, employees and managers had to keep track of their information themselves. A CEO of a brokerage firm that I had the pleasure of speaking with told me that before these systems were invented, he had to keep track of all of the loads on postcards. He used a bulletin board to pin the cards so everybody that was working had access to the cards they needed.
www.freightquote.com has a great post about TMS systems. In their article, they list some of the advantages and disadvantages that an electronic management system has. This kind of technology allows all employees to access information about all of the loads that they are working on. This saves time, effort, and increases productivity. It also allows them to be able to find information on potential loads and how much they can quote.
The TMS system that I am familiar with has a lot of extra features that allow for advanced planning. The system takes all of the users information for trucking lanes and can give an average price for that specific lane. It also provides estimated times of arrival for the trucks based on the current location and the destination without having to find it on from an external source, such as google maps.
TMS has become essential in the modern workplace for brokerages. It allows for easy access to information, increases efficiency, and allows for a higher volume of loads.
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