According to market research, the Transportation Management Systems (TMS) market had exceeded billion in 2006. Through the years, the objective of a TMS implementation remains to be the achievement of customer service level requirements at the lowest possible cost.
Transportation Management Systems (TMS) is a software application, often web-hosted, that is used as part of logistics management especially for activities like managing shipping units, shipments that are outbound and intra-company, inbound shipment scheduling, bills of lading generation, carrier or transportation mode selection, freight bill auditing and payment and processing of loss and damage claims. These systems often feature a “dashboard” or a graphic user interface portal. The dashboard displays data according to key success factors that are relevant to the user.