[From the Archives] How Satisfied Are Companies With Their TMS?
Are companies more satisfied with their Transportation Management System (TMS) investments today? Revisit 2024 research and weigh in
Editor’s Note: Today’s “From the Archives” post was originally published in April 2024. It highlights research conducted with members of our Indago supply chain community -- along with select members of JBF Consulting’s customer community -- exploring, among other topics, how satisfied companies are with their Transportation Management System (TMS) investments. After reading, share your perspective in the comments: Do you believe satisfaction levels increased, decreased, or remained the same over the past two years?
The global transportation management systems (TMS) market size is estimated to be around $16-17 billion. But how satisfied are companies with their investments in Transportation Management Systems (TMS)? How do they measure/quantify satisfaction? As logistics software providers promote their Generative AI and Machine Learning capabilities, how satisfied are companies with the progress vendors are making in these areas?
We asked members of our Indago supply chain research community — who are all supply chain and logistics executives from manufacturing, retail, and distribution companies — as well as select members of JBF Consulting’s customer community, those questions in a recent survey.
Almost three quarters of the survey respondents (71%) are using a TMS, either deployed internally (50%) or provided by their 3PL (21%). Of the respondents using a TMS, half (50%) are either “Satisfied” (42%) or “Very Satisfied” (8%) with their solution. However, 29% said they were either “Dissatisfied” (25%) or “Very Dissatisfied” (4%) with their TMS.
So, what do these results tell us?
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