IntelliTrans Discusses Successes and Best Practices in the Managed Transportation Services Industry Today
ATLANTA, March 28, 2023 (GLOBE NEWSWIRE) -- IntelliTrans, the leader in global multimodal solutions for optimizing supply chain operations for bulk & break-bulk industries, discusses the success factors for a managed transportation services business in today’s volatile market. IntelliTrans Managed Services uses IntelliTrans transportation management system technology to help clients execute their freight, bring visibility to keep track of freight in transit, and manage forward-deployed inventory to allow clients to see how much product their customers have or how much inventory they've got at warehouses out in the network.
“The pandemic has had a significant impact on the managed transportation services industry,” says Ken Sherman, President of IntelliTrans. “With disruptions in supply chain operations, challenges in attracting and retaining talent, and increased pressure on logistics networks, many companies have turned to managed services providers to manage their transportation operations.”
The global managed transportation services market was valued at $3.05 billion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 11.3% from 2021 to 2028, according to a report by Grand View Research. This growth can be attributed to the increasing demand for efficient and cost-effective transportation solutions, the need for real-time visibility and tracking of shipments, and the rising need to manage disruptions in the industry, such as rising fuel costs, driver shortages, and increasing regulatory compliance requirements.
In today’s market of layoffs with the simultaneous difficulties of hiring and retaining talent, IntelliTrans clients leverage the company’s expertise gained from working with businesses similar to theirs. To be successful in the managed service industry, businesses ned to focus on trust, transparency, collaboration, and teamwork. Other best practices in transportation management include:
“When leaders in supply chain and transportation choose to work with you, they put their careers in your hands, so they need complete transparency and teamwork,” adds Sherman. “They need to see everything that is going on in their networks, and they need to trust that you are doing everything you can to make their business successful."
To learn more about IntelliTrans’ best practices in the Managed Transportation Services Industry, listen to the recent podcast from Masters of Service.
About IntelliTrans Global Multimodal Supply Chain Solutions
IntelliTrans, a Roper Technologies company, provides unified and proactive solutions to manage complex supply chain needs. Customers are nimble and efficient with the global supply chain transparency powered by the IntelliTrans cloud-based Control Tower (Global Visibility Platform?) and IntelliTrans TMS (Transportation Management System), the only SaaS-based TMS that provides shipment execution and visibility across rail, truck, intermodal, barge, and ocean. IntelliTrans enables complete, timely, and accurate data, allowing customers to automate business processes, improve customer service, and reduce operational costs. From real-time alerts to interactive data visualizations, IntelliTrans gives organizations the tools to ask deeper questions and deliver more impactful results. Learn more at our website, linked here.