Skip to main content
  1. Tech
  2. Gadgets & Tech
  3. Tech Gear

Generating ROI & Overcoming Regulatory Challenges With TMS Software

See also

In today's economy, businesses are striving to be much more to their customers. At one time, they may have hired out certain services to third-party companies but today, many businesses are doing as much as possible in-house. This includes businesses that deliver products to their customers. It doesn't matter if the company is shipping a few items or if they are shipping thousands of items, finding a solution that can help to increase the return on investment (ROI) can make the difference between staying in business or losing the business. The necessary solution is found in transportation management software.

It is a mathematical fact that the shortest distance between two points is a straight line. This is also true in the transportation industry. Not only do today’s companies want to ensure that the shortest physical route is taken when delivering parcels or freight shipments, they also see the need to ensure that everything in the back office takes the shortest route as well. Both of those needs come together nicely when the proper transportation management software is used. It can allow for the optimization of the route that is used for shipments and can help to reduce unnecessary obstacles when dealing with the customer as well.

Many manufacturing companies are taking this a step further and becoming distributors as well. This can certainly help to increase the ROI of the business, but things need to run smoothly. Having the right transportation management software is critical for the process. It can allow a manufacturing company to become a distributor for their customers. Using the right software can help a business to reduce inventory costs and inbound freight costs while at the same time, increasing their ability to negotiate rates. Those factors can certainly increase the ROI through the use of transportation management software.

The exporting business is also becoming a major contributor to the success of many businesses. In fact, according to the International Trade Administration, there were over 300,000 companies in the United States that were exporting goods in 2011, which was a record number (Source: http://www.trade.gov/mas/ian/smeoutlook/tg_ian_001925.asp). Companies that enter into the export business have many obstacles that need to be overcome. These include maintaining the guidelines for international trade that are established through federal regulatory agencies. Using transportation management software provides the solutions necessary for those businesses to maintain compliance and continue to build their business.

Choosing the right software solution is often the deciding factor as to the success of a business. As businesses continue to look for ways to increase their ROI in today's market, taking the bulk of the work in-house becomes more of a necessity. Not only are businesses providing additional solutions for their customers directly, they are also expecting those within the business to collaborate their efforts successfully. When a software solution manages to provide all that is necessary to help take a business in different directions, it truly helps to increase the profitability that they enjoy.

Advertisement

Don't Miss

  • Unity
    'Assassin's Creed Unity' preview: Ubisoft comes home to its urban origins
    Games Preview
  • TV remote
    The new Peel app may make you decide to ditch your TV remote forever
    Video
    Tech Buzz
  • Destiny
    The 'Destiny' beta: 7 things we absolutely love about Bungie's new franchise
    Games Feature
  • iPhone
    Apple has posted huge profits ahead of the iPhone 6 release
    Camera
    5 Photos
  • Far Cry
    'Far Cry 4' exclusive: Animals, avalanches, oxygen, side content and much more
    Games Interview
  • Charge phone
    Fact or fiction: Does putting your phone in airplane mode make it charge faster?
    Video
    Headlines