Note: Today’s post is part of our “Editor’s Choice” series where we highlight recent posts published by our sponsors that provide supply chain insights and advice. Today’s article is from Open Sky Group and highlights the need for a smarter transportation management system.
Dodge ball. Mention the game and almost everyone has something to say. But have you ever associated it with supply chain life in 2020? We have, and it serves as a lesson in how to better plan for business continuity considering unforeseen chaos, calamity, and emergencies certain to come in the future.
In the supply chain business, just as in dodge ball, agility marked the survivors of 2020 by their ability to shift in the face of lockdowns, plummeting oil prices, and a buckling stock market. Smart operators were able to scale their workforces to meet fluctuating demands. They negotiated better prices and found more efficient routes. They were able to tap into their environments in real-time and predict with reliability what might happen next, placing themselves in the best position to succeed. And, more often than not, it was a modernized, intelligent approach to transportation management that gave them the critical edge.
Modernized, Smarter, TMS Explained
So, what is a modernized, smarter transportation management system, or TMS, and how can you obtain one? Let’s just say it hinges on two key fundamentals: consistency and transparency in operations.
Consistency in Operations
Consistent, standardized processes and business rules provide a solid footing for your teams no matter where they are or what market conditions come their way. With processes and procedures well established, supported by common tools and automation to help carry the load, costs come down, timelines condense, and growth can be scaled in an orderly, predictable fashion.
Likewise, with a fully connected view of your extended supply chain, you can see opportunities emerge, sidestep stumbling blocks as they occur, and optimize routes, loads, and work schedules for maximum performance based on informed business decisions. With all your gaps covered, transparency is secured.
From there, a modernized, smarter TMS will help you plan intelligently, using accurate data to analyze more cost-effective routes or test “what if” responses against various disaster scenarios. Knowing your service and cost trade-offs in different contexts ahead of time can help you slip through tight spots and come out ahead of your competition.
To read the full article, click HERE.