Transportation management systems (tms) market growth

Transportation Management Systems (TMS) Market Growth 2019-2024 Published On : 25 Feb. 2019

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A transportation management system (TMS) is a subset of supply chain management concerning transportation operations and may be part of an enterprise resource planning system.

Transportation management solutions play a crucial role in handling transportation related activities, such as moving goods from the supplier to the place of production and then to the end user. There is a high demand for an efficient transportation management system to reduce the overall delivery time, owing to the increase in global trade activates.

Enterprises look forward to a system that can handle all the inbound and outbound operations of supply chain management that involves transportation management, planning and decision making, transportation execution, transport follow-up, and measurement. Transportation done via roadways, railways, airways, and seaways or in a combination of one or more of these, has to be well planned, executed, and delivered.

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Application  Logistics & Transport  Manufacturing  Commercial  Retail

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$50,000

Market Value CAGR of 9.64% (2018 - 2025)

$40,000

$30,000

$20,000

$10,000

$0

20XX

20XX

20XX

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20XX

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