2017 is projected to be a year in which more shippers break out of the mold, embracing newer transportation management systems (TMSs). However, the adoption rates remain perplexing. As explained by Talking Logistics With Adrian Gonzalez, industrywide statistics indicate adoption rates have remained fixed near 33 percent for nearly two decades.
“What can you do to improve your company?”
That is a loaded question, loaded with innuendo, desire, financial concerns, questions about the state of the road and weather and much more, but the ways you improve your company are becoming easier to see. Modern, cloud-based analytics systems within transportation management systems (TMSs) have redefined how you strive for continuous improvement.
For decades, carriers have been subject to the Carmack Amendment’s exceptions and statutes that define liability. However, the surge in manufacturing and increasing presence of international shipping have changed the way shippers look at the Amendment.
In 1935, Congress passed legislation to help prevent carriers from being subject to unqualified cases of fraud and freight loss claims. Previously, carriers were held liable for any damage that occurred to a shipment while in their possession. However, this meant that carriers were on the financial hook even when damage was not their fault.
Supply chain industry leaders have access to more information today than ever before in history. Thanks to data gathering programs, supply chain software, and data entry applications, this represents a mountain of data, which has the potential to provide ground-breaking insight into how to improve business-model efficiency.
2017 will be the year of renewed focus and interest in adopting newer transportation management systems (TMSs) to boost productivity and find the biggest cost savings among shipping transportation providers. This is the result of renewed, surging demand from consumers and greater confidence in the stability of the U.S. economy.
Transportation management technology evolved throughout 2016. Our predictions focused on using new technologies and best practices to correct inefficiencies and problems. But, the true scope of change and focus went a bit further than expected.
Predictions for transportation management in 2016 highlighted growing stress and concern. Carriers and shippers had to focus on compliance with regulations, optimizing existing and new resources and dealing with the trucking driver shortage. These trends held true throughout the year and led to innovative solutions, including greater emphasis on new technologies and software applications.
Last year, the technology trends in logistics seemed straightforward, and many of our technology predictions came true. The use of the new technologies, ranging from robotics to value-added services within transportation management systems (TMSs) saw greater implementation across supply chains via TMSaas, and widely-held beliefs about the supply chain’s limitations were tested.
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Every new year we write about the most important trends to pay attention to for the year on our blog. In 2016 we focused on our main areas of writing: Manufacturing, Supply Chain, Logistics, and Transportation Management.