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| Transport Management: |
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Transportation Management Systems, commonly known as TMS, are a category of operations software (often Web-hosted) under the "supply chain execution" grouping that aids logistics management in various modes along with associated activities, including managing shipping units; shipment scheduling through inbound, outbound and intra-company shipments; modelling and benchmarking, rate management, data base maintenance; generating bills of lading; load planning and optimization; carrier or mode selection; posting and tendering; freight bill auditing and payment; loss and damage claims processing; labour planning and building; documentation management (especially when international shipping is involved); Cold chain management; and third party logistics management.
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Specialty point solutions are still prevalent for rail, intermodal, the fragmented freight brokerage market, ocean, and parcel.
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The major ERP system providers have had various attempts to enter the TMS space, with SAP currently offering its own program and Oracle offering its own extensions to be augmented by its acquisition of G-Log. The ERP players are not yet taking any significant market share in the TMS space due to lack of specialty focus, price, and limitations of their capabilities, but are expected to expand in cases where the client already uses one of the large-scale ERP programs, as ERP module offerings in this space mature. The ERP based solutions are not expected to have a standalone life or market presence if the client does not use an SAP or part of the Oracle family.
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