The need for businesses to meet evolving customer demands, reduce transportation costs and boost delivery agility is driving the rapid adoption of modern Transportation Management Systems (TMS). Shipsy, with its unique capabilities and offering, has emerged as a key enabler for achieving these efficiencies across cross-border, first, middle and last-mile logistics.
Faced with evolving customer expectations and pressure of increasing costs it has become imperative for businesses to invest in technological solutions to optimize and better manage their logistics and supply chain operations.
In the Magic Quadrant for Transportation Management Systems report, “Gartner defines transportation management systems (TMSs) as software that supports multimodal planning and execution of the physical movement of goods across the supply chain. It allows a company to manage increasing levels of transportation complexity across multiple transport modes and geographic regions.”
According to the Asia/Pacific Context report, “Gartner estimates the annual spend on supply chain execution (SCE) software in APAC to exceed $850 million through 2026, up from nearly $600 million through 2021 (see Forecast: Enterprise Application Software, Worldwide, 2020-2026, 4Q22 Update). Gartner estimates that the annual TMS software spend in APAC will be approximately 28% of that on SCE, or $160 million through 2021. The forecast indicates that this will exceed $220 million by 2026, growing at a five-year compound annual growth rate (CAGR) of 7.2% in constant currency terms (base 2020).”
At Shipsy, our SaaS-based TMS solution is designed to help businesses across the manufacturing, retail, and 3PL industries optimize their logistics & supply chain operations for cost, speed and carbon impact. With a modular solution design, we offer a suite of features that can be customized to suit the unique needs of each customer in managing shipments across land, sea and air.
To know more about the key considerations for technology and service selection of TMS for international shipping, get in touch with us today.
Gartner, Asia/Pacific Context: ‘Magic Quadrant for Transportation Management Systems’, Brock Johns, Oscar Sanchez Duran, 28 March 2023. Get the full story: This content is part of a larger body of research on this topic. Link to ‘Magic Quadrant for Transportation Management Systems. Gartner, Magic Quadrant for Transportation Management Systems, Brock Johns, Oscar Sanchez Duran, Carly West, 28 March 2023. GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally, and MAGIC QUADRANT is a registered trademark of Gartner, Inc. and/or its affiliates and are used herein with permission. All rights reserved. Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
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