EUROPE TRANSPORT MANAGEMENT SYSTEM MARKET

INTRODUCTION

A transportation management system (TMS) is a platform for logistics that makes use of technology to assist businesses in the planning, carrying out, and optimising of the physical movement of goods, both soon to come and extroverted, as well as in ensuring that the package is able to comply and also that the necessary documentation is available.

Such a system frequently forms a component of a broader supply chain management (SCM) system. In addition to streamlining the shipping process, transportation management systems help firms manage and optimise all aspects of their transportation operations.

EUROPE TRANSPORT MANAGEMENT SYSTEM MARKET DEVELOPMENTS AND INNOVATIONS

Since the transportation industry primarily depends on transportation specialists to meet their financial objectives, customer delivery promises, and profit margins, it plays a significant role in the supply chain.

Due to increased international trade, particularly in developing economies like China and India, the Asia-Pacific region is anticipated to have tremendous growth.Additionally, smartphone penetration is growing in the Asia-Pacific region with non-renewable revenue. Various elements support the growth of e-commerce in these regions.

To serve the greatest number of clients, a proper transport management system is required. Possibilities for commercialization are provided by TMS. Retailers are also moving toward Omni channel systems these days, which unify offline, internet, mobile, catalogue, and other sales channels under one roof. 

COMPETITIVE LANDSCAPE

TMS's value and influence are eventually increased by the advent of digital, from connected warehouses to new mileage delivery systems. The majority of cloud-based transportation management solutions are offered for rent as software (SaaS). This indicates that rather than paying for the technology outright, customers subscribe to it on a monthly or yearly basis.

Users are constantly using the most recently installed version because to this being more cost-effective. The development of technologies such as IoT and cloud-based services also provide prospects for the market's overall growth.

Verizon Connect is a leading mobiliser of the equipment in the market. The latest integration has been the Heavy machinery, trailers, and other assets can be monitored via Verizon Connect fleet management systems to increase security, efficiency, and reliability. Additionally, HOS, ELD, DVIR, and other compliance processes are streamlined and automated.

Make driving simple for drivers and follow current laws like the ELD mandate. With vehicle monitoring and work updates that are nearly real-time, the system can enhance field visibility. Push task assignments directly through the software integration partners who can help enhance the capabilities.

Navitrans is part of the software-oriented systems trending in the current industry. The industry-specific transport management system (TMS) created for logistic service suppliers is Navitrans Transport. With a wide range of functionalities that are simple to use for all forms of road transportation.

The Navitrans Fleet Monitor gives you complete control over the intricate reality of trips being executed with its real-time track & trace information and several features including hook on/off, dividing, and regrouping. Additionally, it automatically calculates time, distance, tolls, and CO2 emissions. 

COMPANIES PROFILED

• Webfleet Solutions
• Masternaut
• Microlise
• Transics
• Trimble Inc
• AddSecure
• SAP SE
• Paragon Software
• Descartes
• Bornemann AG
• ORTEC
• HaulTech
• ABAX
• Asset Monitoring Solutions
• Made4net