Global TMS market size is expected to reach $4.8 billion by the end of 2025 with an overwhelming annual CAGR of 14.5%. Through data analysis and transportation optimization, TMS allows you to save the budget in the shipping process.
Are you a business owner whose supply chain is a complex web of moving parts? But what if there was a way to simplify the chaos and bring order to the madness? It's not a flashy marketing campaign or a charismatic CEO. No, it's something far more powerful and often overlooked: the humble ERP system.
The globalization of business that has intensified in recent years makes logistics an essential, indispensable sector that is growing.
The present-day business landscape is marked by demanding customers, expecting impeccable product quality, superior service and instantaneous deliveries, and rapid tech advancements that are shaping it.
Natural Resources Defense Council (NRDC) estimated that up to 40% of the food produced in the US is wasted, which results in a $218 billion annual loss. The experts consider that to a great extent it’s due to the problems within the supply chain.
Modern logistics and supply chain processes are being continuously reshaped nowadays. Transformations taking place start from the very core and result in more refined and fast logistics procedures and the way they are managed.
Revenue from the long-distance freight trucking is expected to grow about $108B by 2020 only in the U.S. Logistic software automation is huge, however, the transport logistics automation is extremely low.
