The analyst, Quadrant Knowledge Solutions, defines a Transportation Management System as a software application designed to plan, execute, and optimize the transportation of goods. A TMS can help reduce the cost of shipping, improve customer service, and increase the efficiency of the supply chain.
The report recognizes key differentiators as those that "include breadth and sophistication of functional aspects of Transportation Management Systems, the geographical reach of local market expertise, innovative process transformation strategy models and frameworks, ease of configuration and customization, the sophistication of AI and ML capabilities, extent of category expertise, data management security and dynamic slot management and many more."
MPO believes a modern Transportation Management System (TMS) should not plan and optimize transport in insolation but account for the wider context of logistics and supply chain management for more strategic, sustainable, and cost-effective decisions. The MPO TMS+ provides supply chain visibility, execution control, and optimization across the full order lifecycle. In addition to traditional functions like automated booking, tendering, order consolidation, and track and trace, TMS+ offers advanced order management, with AI-driven planning and a full cost-to-serve picture beyond logistics.
According to the SPARK Matrix analysis of the global Transportation Management System (TMS) market:
“MPO, with a robust comprehensive capability, domain specific rich expertise and global coverage has secured strong ratings across the performance parameters, customer impact and has been positioned amongst the technological leader in the 2022 SPARK Matrix of the Transportation Management Systems market.”
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