Managing a modern supply chain means utilizing or at the very least, interacting with, a variety of software platforms. The most popular pieces of software that logistics professionals deploy on a regular basis are Freight Management Systems (FMS). And more often than not, these tools are served up as a Software as a Service (SaaS). These SaaS platforms empower shippers and allow them to do a wide range of tasks with lightning-fast efficiency.
The tasks that freight management systems are generally used for improving are things like finding new carrier partners, real-time tracking of freight and finding the best quotes for any given haul. These platforms help carriers, distributors, and warehouses alike. More specifically, these tools are of most use when being implemented under the direction of an experienced 3PL.
In this blog post, we are going to explain the inner workings of the modern FMS and how it helps shippers of all sizes supercharge their supply chain!
How does Freight Management Software Work?
Most logistics software solutions mainly focus on consumer-centric platforms. They are generally easy to customize for a specific business type, size, and shipping volume. An FMS is one of these custom-configured logistics programs.
In fact, it is one of the more prominent platforms that most shippers have used a time or two. This software is suitable and really takes the spotlight for the ability to schedule carriers for various shipping modes. Shippers can schedule daily ground or overnight express shipments, create dedicated weekly freight pickups, or simply estimate potential shipping charges.
Furthermore, modern FMS solutions live in the cloud. This added level of flexibility allows for an easy to access dashboard and an added layer of security from things like system crashes and power outages.
From any device, the shipper can rate, schedule, and track all shipments from a single, customized dashboard. Todays FMS is filled with multiple, easy to access and configure applications that further serve to simplify and streamline the process of moving freight across the globe.
The first step involved in any freight shipment is collecting relevant data. The customer's address, delivery window, and type of freight are important elements of every shipment. These pieces of data help shippers locate and match the perfect carrier for each haul.
However, the most important set of data to consider is the cost of actually shipping the freight.
Luckily, freight management systems offer shippers the flexibility to rate and estimate all shipping charges based on specific shipment criteria. Customized profiles for individual customers, carriers, or freight shipment classifications further improves the overall process.
Scheduling Freight Movement
After you have all the shipping details planned out, an updated FMS makes the hiring process a breeze.
The shipper can organize carriers that meet their requirements, compare service level commitments, view shipping rates, and review the carrier’s performance. All from a single screen!
Once they determine the perfect carrier, one simple click of the mouse books the shipment. The pickup and delivery information can be distributed to multiple parties including the customer, carrier, or 3PL.
Shipping Notifications and Tracking
The ability to send up to the minute notifications via email, desktop alert, or text messages provides the experience that your customers expect. Most freight management systems feature automated tracking and notification tools.
After all, providing your customers peace of mind is always your top priority.
A good resource for shippers to learn more about modern freight management systems is a knowledgeable 3PL.
Redwood Logistics is at the forefront of logistics and supply chain software solutions that power many of today's largest shipping companies. However, we also provide FMS solutions for shippers of all sizes!
If you would like to learn more about freight management systems or how we can help you, contact the Redwood Logistics team today.