#United States #Chicago #project44 #Intelligent TMS #AI Freight Management

project44 Unveils Intelligent TMS: A Leap Forward in Freight Management

In the rapidly evolving landscape of supply chains, project44 has taken a bold stride by launching its next-generation Intelligent Transportation Management System (TMS). This innovative platform is set to transform fragmented logistics operations into a seamless, data-driven solution for global enterprises. With its introduction, project44 aims to redefine how companies manage transportation in a fast-paced world.

Reinventing Transportation Management

Traditionally, TMS solutions have been bogged down by lengthy setups and inflexible architectures. However, project44's Intelligent TMS breaks this mold by offering a cloud-native, modular framework that dramatically reduces deployment times and costs. Jett McCandless, the Founder and CEO of project44, emphasized this evolution by stating, "Our Intelligent TMS is fundamentally different. It wasn't bolted onto a visibility platform; it was born from it."

This new TMS operates with a commitment to streamline transportation management, providing customers with the ability to fully automate processes that were once manual. As demand for efficiency in logistics climbs, project44's Intelligent TMS emerges as a solution that empowers businesses to optimize their operations through real-time, data-driven insights.

Multi-Modal Capabilities

The Intelligent TMS offers comprehensive multi-modal orchestration, allowing businesses to plan and manage freight across various transportation modes from a single platform. This includes Full Truck Load (FTL), Less Than Truck Load (LTL), ocean freight, air cargo, parcel services, intermodal, and drayage.

Shippers gain significant advantages when managing ocean transportation, including accurate port-to-door rate quotes and AI-driven Estimated Time of Arrivals (ETAs). The platform's predictive sailing schedules and operational insights are invaluable for enhancing efficiency and reducing supply chain delays.

Agility and Enhanced Rate Management

An essential feature of the new TMS is its ability to provide dynamic rate management. Users can instantly access real-time rate quotes and estimated transit times from multiple capacity providers across all modes of transport. With a one-click booking option, the system eliminates the need for complex Electronic Data Interchange (EDI) setups while supporting both spot and contract rates, making freight management more agile than ever.

Furthermore, the intelligent planning capabilities utilize AI for optimization, ensuring that the most suitable mode and route are selected based on numerous factors such as cost, service level, and speed. This system features automated order consolidation which proposes efficient groupings based on delivery dates and location constraints, ensuring maximum asset utilization.

Intelligent Carrier Selection and Freight Procurement

Another groundbreaking feature of the Intelligent TMS is its ability to select optimal carriers through AI optimization, balancing factors like cost and reliability. The integration of built-in performance analytics further enhances the freedom to refine procurement strategies based on actionable insights.

With the Freight Procurement Analytics module, businesses can launch mini-bids in minutes to secure better rates on strategic lanes, thus continuously optimizing logistics operations.

Real-Time Visibility and Integration

The Intelligent TMS not only revolutionizes planning and execution but also enhances order visibility and document management. Users can convert Purchase Orders (POs) directly into shipments without unnecessary system switching, while real-time shipment tracking allows visibility down to the SKU level.

Centralized management of critical documents such as Bills of Lading (BOLs) and invoices further streamlines workflows, while integrated analytics helps eliminate manual reconciliation, expediting payment cycles and fostering improved financial oversight.

Delivering Results

Early adopters of project44's Intelligent TMS are already witnessing remarkable improvements, with reports of a 4.1% reduction in transportation costs and a 17% increase in on-time performance. Additionally, users have noted time savings of over 60% in quoting carriers and a 22% boost in billing and documentation accuracy.

As Hans Moorlag, Director of North America Logistics at Suntory Spirits notes, "The integration of advanced technology streamlines our processes and enhances customer satisfaction. Together, we identify challenges and transform them into opportunities."

A Future-Oriented Solution

Designed to adapt to the needs of businesses, project44's Intelligent TMS is a transformative solution for organizations lacking a TMS, as well as an innovative layer for those with existing setups. By empowering companies to "Connect, See, Act, and Automate," this Intelligent TMS sets a new standard for agility, intelligence, and speed in transportation management.

About project44

project44 is a leader in Decision Intelligence for modern supply chains, providing AI-integrated solutions to ensure consistent and efficient logistics management. Project44 serves over 1,000 companies across various sectors, showcasing a commitment to connecting over 250,000 carriers via a comprehensive ecosystem that enhances visibility across global supply chains. Discover more about their offerings at project44.com.