Logistics Analysis

Transportation Management Systems

The main benefits of TMS are lowered freight costs through optimized mode, route and plan including consolidation, mode shifting, and pools for outbound and inbound freight; and productivity advantages of auto-tendering with customer service aid of shipment tracking, along with self-pay programs and increased management visibility and control through executive information systems. Typical TMS freight savings can run from 2 - 6% for a high volume TL shipper to 12 - 15% for an LTL/TL mixed mode shipper, along with significant gains in efficiency on planning and covering loads automatically vs. manually.

Logistics is the art and science of managing and controlling the flow of goods, energy, information and other resources like products, services, and people, from the source of production to the marketplace. It is difficult to accomplish any marketing or manufacturing without logistical support. It involves the integration of information, transportation, inventory, warehousing, material handling, and packaging. The operating responsibility of logistics is the geographical repositioning of raw materials, work in process, and finished inventories where required at the lowest cost possible.

Logistics Management is that part of the supply chain which plans, implements and controls the efficient, effective forward and reverse flow and storage of goods, services and related information between the point of origin and the point of consumption in order to meet customers' requirements.

The coming explosion of global productivity presents a growing cost and logistics challenge to efficiently and effectively use the many resources avaliable to transportation managers. FreightRFQ.com can not only track but control and evaluate management strategies to improve efficiency and lower costs now and in the future. As countries like India and especially China flood the markets with increased distribution of goods the challenge to utilize the transportation system will increase as well. Rising fuel costs make efficient management even more critical.