target audience: TECH BUYER Publication date: Apr 2024 - Document type: IDC MarketScape - Doc Document number: # US51982224
IDC MarketScape: Worldwide Transportation Management Systems Applications 2024 Vendor Assessment
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Abstract
This IDC study analyzes software providers in the market today that support transportation management processes in planning, execution, visibility, optimization, and procurement. Global transportation is a fragmented market that transportation management systems (TMSs) software aims to synchronize into and across the supply chain. Automating processes and integrated analytics help organizations improve productivity and drive consistency by enabling practitioners to make more informed and timely decisions across the operational landscape.
"Evolving global trade complexities and the persistent, unpredictable disruption of global transportation networks must be supported with increased visibility and agility to make informed decisions that improve supply chain resilience. Meeting the expectations of increasingly demanding customers is leading to the expansion of TMS capabilities by technology vendors and broader adoption of these applications by enterprises that transport materials globally on diverse and complex transportation networks," said Travis Eide, research director, Global Supply Chain at IDC. "In this IDC MarketScape, we see a group of very strong vendors offering capabilities to make global multimodal shipping an integrated part of their broader supply chain. Advanced TMS capabilities allow clients to derive a competitive advantage where many view it as a basic support function. Supply chains become more intelligent by enabling holistic decision-making quickly across interorganizational boundaries and evaluating trade-offs in real time to help control and reduce costs, improve service levels, and drive more sustainable operations."