Dos and Don'ts of Small Package Auditing

Getting a substantial return on investment (ROI) is desirable in the business marketplace, and in the transportation industry, if you implement the right TMS, a rewarding ROI will follow promptly. This happens predominantly due to the savings that the appropriate transportation management system is able to find for you. For example, some TMSs will assess all of their clients' invoices over the past year, as well as carrier contracts. After that they identify which invoices were incorrect, and will file for reimbursement with the parcel auditing provider on your behalf so that you get back avoidable losses. A TMS can offer savings in more ways than these, but all techniques for digging up savings produce a substantive ROI. In this way you reduce chance of data entry mistakes, save time and resources by working on less data entry, and refrain from making mistakes that may impede your supply chain.

Real-Time Access to Information and Analysis

While you will find quick benefits to adopting a TMS into your company's transportation operations, like allowing you and additionally included people to view where a shipment is at any moment, you will find lasting gains, too. Ultimately, your TMS will permit you to investigate valuable data over extended time periods to think about shipment trends and make improved shipping choices. A quality cloud-based transportation management system will keep track of information regarding your shipping history, carriers, customers, etc., and provide you with some assessment of all that raw shipping information. The information and evaluation your TMS provides will reveal places with room for development. Being in a position to see information on what carriers you use frequently, when you use them, what the rates were, if the deliveries were on time and undamaged, allows you to make more advised judgments about your future shipments. The information presented by a TMS helps with handling your logistics to make it perform more smoothly with less work, and that will cause savings and a better ROI.

Greater Shipment Visibility for You and the Customer

Tracking is one of the greatest features that a TMS can offer, because in shipping, knowing where your shipment is from pick-up, to delivery, and everywhere in-between is incredibly important. With a cloud-based TMS, however, this rise in visibility isn't just for you. All concerned parties can see the applicable paperwork and data with the click of a mouse. Taking this even a bit further, the best TMS will offer you the same visibility on your incoming shipments, as well. Being able to observe your shipments will be useful for determining which provider is perfect to use for your supply chain, because if they often deliver your shipments late, tack on other charges, or otherwise don't deliver as quickly as you'd like, you can look at the TMS for rates and carriers that will save you money.

Ultimately, the advantages of intergrating a TMS all play off of each other, because that's how transportation management systems operate. They evaluate all the data from your shipments and identify ways that your supply chain can strengthen by storing your information in easy to access location where you can access data, view its evaluation, and make educated decisions for your logistics management.