| Software Suite: Transport Management |
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The transport market is becoming more and more competitive. Logistics service providers are forced to improve their service quality and lower their operational costs. One approach to these challenges is to implement a Transport Management System (TMS). The MPO Supply Chain Suite provides a TMS with powerful functions in four areas: Order Planning: When a customer order is received, TMS determines which steps (i.e. pick up, delivery) are required to execute the order. Based on the requirements and availability, TMS can select the optimal carriers to execute these steps. It is possible to consolidate multiple customer orders according to multiple consolidation criteria. Execution Monitoring: When the plan has been created, TMS dispatches the orders to the selected carriers. In the process of execution, TMS captures the status updates from the carriers, i.e. milestone confirmations and event alerts. TMS also provides full web visibility of the order status to the customer. Financial Control: TMS supports flexible rate agreement configuration, which can capture any rate model, enabling accruals, invoice matching and billing. Performance Measurement: TMS supports standard as well as tailor-made KPI reporting in various formats (e.g. excel, html, pdf).
MPO TMS MP Objects provides a Transportation Management System (MPO TMS) which streamlines all processes of the transportation life cycle across multiple partners to help you reduce costs, improve operational efficiency and enhance customer satisfaction. The main functions of MPO TMS are: • Order Planning; • Execution Monitoring; • Financial Control; • Performance Measurement.
Order Planning With the MPO TMS planning capabilities, you can optimize your transportation plan to meet the customer requirements in the most cost-effective way. When orders are received, you can analyze them according to requirements and capacity. Based on the analysis, specific orders can be consolidated, and the right transportation modes and carriers can be selected to fulfill them. The feature highlights are: • Multiple ways to register the orders from different sources• Product line and shipment package information registration • Multi-mode (air, sea, road, railway) shipment management • Flexible criteria to consolidate shipments • Selection of the most appropriate carrier for each shipment based on price and non-price factors • Optimal route determination according to the pre-configured network path • Expected status milestone calculation• Multi-site and multi-customer order handling • Relevant transport documents creation • Dashboard to give an overview of all transport planning
Execution Monitoring When the fulfillment orders have been created, you can dispatch them to the selected carriers. In the process of execution, MPO TMS can enable proactive monitoring and event management to provide the full visibility of the order status across shippers, carriers and customers. The feature highlights are: • Multiple ways to dispatch the planned orders to selected carriers• Generic or carrier-specific label print • In-transit label scanning• Advanced Shipment Notice (ASN) sent to Carriers and customers • Ability to capture status notifications from carriers and match them against the expected milestone • Event management to handle the exceptions, e.g. delay, damaged • Warning alerts automatically sent to relevant people who need to respond and act • Dashboard to give an overview of all shipment status and events • Shipment orders track & trace across multiple carriers • Web visibility into any order, anywhere at anytime
Financial Control MPO TMS helps you calculate and settle freight costs according to rate agreement and actual shipments. Based on this information, you can book accruals, match invoices received from carriers and invoice to customers. The feature highlights are: • Rate agreement configuration tool to capture rate structure for carriers/customers• Automatic calculation of the transport cost to book the accruals • Cost adjustment based on actual shipments situation and ability to track costs change • Multiple methods to allocate cost in case of consolidation, based on e.g. items, weight or mileage • Multiple ways to register the carrier invoices • Carrier invoices matching within the defined tolerances • Invoices rejection or approval for payment processing • Details for customer invoices • Handling of multiple currencies • Interface cost data to professional finance system
Performance Measurement TMS captures the complete history of orders and supports comprehensive reporting features to provide you with Business Intelligence on your transportation services and carriers. The feature highlights are: • Pre-defined KPI reporting• Tailor-made KPI reporting • A lot of report parameters for selection• Reports analized in any period of time, i.e. daily, weekly, monthly and yearly • Financial analysis reports, i.e. carrier cost and customer revenue analysis • Operational analysis reports, i.e. daily shipments and carrier performance • Reports in various formats, i.e. PDF, excel and html
Business Benefits MP Objects has put more than 10 years of real world industry expertise into MPO TMS. Implementations are based on proven best practices to accelerate your time to value. It can be adapted precisely and easily to meet your requirements. Here are some key benefits experienced by our customers. Order Planning: • Lower transportation costs through shipment consolidation • Improved service levels through careful carrier selection Execution Monitoring: • Better customer service through full visibility over carriers • Less efforts in handling exceptions through monitoring and event management Financial Control: • Justified carrier payments through invoice matching • Efficient back-office through automatic billing Performance Reporting: • More insight on operational and financial performance through KPI reporting • More intelligence for decision-making through data analysis
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