A freight management system helps shippers streamline supply chain operations, simplify the shipping process, and increase logistical efficiency. Through the latest software technology, shippers can benefit on a time and monetary basis from the full visibility a freight management system offers their supply chain.
If user working with a number of different shipments, user don’t want to be on the phone or jumping from website to website asking for rates from the carriers in this/her network. Dialing different carriers and requesting quotes can be a time-consuming process, taking user away from other aspects of the business that need attention.
So, it is a subset of supply chain management concerning transportation solutions. A FMS allows shippers to automate the processes they have in place and receive valuable insights to save time and reduce spend on future shipments.
Distribution companies, e-commerce organizations and anyone else that moves freight on a regular basis realizes there are many moving parts to the shipping process, both literally and figuratively. From quoting to delivery, those shipping freights are almost always looking for ways to optimize spend and improve processes.
Incorporating all shipping options and modes on one platform
Consolidating and optimizing shipments for cost-effectiveness
Ensuring accuracy and time savings with efficient system-to-system communication
Lowering administrative costs and reducing errors
Automatically documenting and auditing invoices, handling claims and exceptions
Informing the shipper and their customers of shipping statuses
Offering a large carrier pool to help shippers find the right carrier at the right price and service level
Instituting pre-paid and itemized accessorial charges in customer billing to avoid losing money
Creating easy-to-read reports and dashboards that keep track of the cost and service level of every shipment
Enabling effective ways to schedule dock operations and manage yards
Managing the RFP process with carriers to efficiently set up the best rates and service levels to tender shipments more effectively
receive spot quotes
best carrier rates