| When companies grow large enough, they typically | | | | carriers that they can make the most money with, |
| purchase their own shipping fleet and have a logistics | | | | your shipping options with 3PL providers are limited |
| department that manages their shipping process from | | | | to what makes the best sense for 3PL providers and |
| a variety of vantage points. But for small to midsize | | | | not necessarily for your company. |
| companies that don't have a shipping fleet or an | | | | Transportation Execution |
| in-house logistics team, carrying out and managing | | | | Traditionally, transportation systems are designed for |
| their shipping process means outsourcing their | | | | tendering outbound shipments, meaning that they |
| transportation logistics or trying to choose the right | | | | aren't designed for managing inbound and third party |
| shipping options on their own. In most cases, these | | | | shipments. In addition, parcel carriers have compliance |
| companies trust a third party logistics (3PL) provider | | | | requirements that cause shippers to use a separate |
| to provide the best TL shipping solutions for their | | | | system for parcel processing, leading to higher freight |
| unique distribution needs. However, to save money | | | | costs. Ultimately, shippers have a difficult time |
| and have more control over the shipping process, | | | | keeping their freight from being tendered outside of |
| more and more companies are turning to truckload | | | | their original pricing agreements and end up |
| logistics software-also referred to as TL logistics | | | | overpaying for freight transportation. To remedy this |
| management software. In addition to allowing small to | | | | situation, TL logistics management software allows |
| midsize companies to become their own logistics | | | | companies to enforce internal and external |
| provider, freight logistics software helps them save | | | | compliance throughout the shipping process with |
| money with respect to the following areas of the | | | | regard to the carrier pricing agreement. |
| shipping process: freight management, transportation | | | | Freight Payment and Audit |
| execution and freight payment and audit. | | | | TL logistics management software allows you to |
| Freight Management | | | | combine your freight payment and pre-audit data, |
| Freight management amounts to managing each | | | | which gives you limitless reporting options concerning |
| means freight distribution, including but not limited to: | | | | your freight spend. With the combined information |
| small parcel, less than truckload (LTL), full truckload | | | | uploaded to the software application's dashboard to |
| (FTL), rail and sea. While large companies employ | | | | give you almost real time visibility of your freight |
| logistics professionals or construct internal freight | | | | spend, you can to monitor freight KPI's on a daily |
| councils, small companies typically either outsource | | | | basis to further control shipping costs as KPI's |
| freight management or defer to purchasing personnel | | | | change. The freight payment and auditing capabilities |
| or shipping or warehouse managers. By implementing | | | | of truckload logistics software also allow you to |
| TL logistics management software, companies realize | | | | receive more of your freight bills through EDI, which |
| more shipping options than they do from outsourcing | | | | serves to lower your pre-audit costs. |
| to a 3PL provider. Because 3PL providers only use | | | | |