Some call it the weakest link in the supply chain, while others see it as an opportunity to save money and work smarter, better, and faster. Either way you look at it, transportation management has come to the forefront for shippers that are looking for more efficiencies, and it has pulled the Transportation Management Systems (TMS) sector right along with it.
The proof is in the numbers. According to ARC Advisory Group, the TMS market grew to $989 million in 2005. Defined by ARC as including software solutions that facilitate procurement of transportation services; short-term planning and optimization of transportation activities, assets, and resources; and execution of transportation plans, the TMS market continues its growth streak. ARC expects annual sales to exceed $1.3 billion by 2010, representing a compound annual growth rate of 6.9 percent.