TMS

How it is used

Shippers and 3PLs use a TMS for load planning, route optimization, carrier selection, offering loads to carriers and checking freight invoices (freight audit). It is often connected to the ERP and the WMS.

Example sentences

1. The TMS picks the cheapest carrier for each load and sends the booking automatically.

2. All delivery times come from the TMS, so the OTIF report is reliable.

Common collocations

• implement a TMS
• TMS integration
• cloud TMS
• TMS data

Related terms

• WMSShort for warehouse management system: software that controls warehouse operations such as receiving, put-away, stock locations, picking and shipping.
• carrierA company that physically transports goods, such as a trucking company, a shipping line, an airline or a rail operator.
• visibilityThe ability to see where goods, orders and stock are at any moment along the supply chain, usually through shared real-time data.
• OTIFShort for on time in full: a key performance indicator showing the percentage of orders delivered on the agreed date and in the full quantity ordered.
• bookingA reservation of space for a shipment on a specific vessel, flight or truck, made directly with a carrier or through a forwarder.

More terms: Tracking and Performance

• tracking number
• ETA
• in transit
• barcode
• RFID