Austin, TX — An effective LMS, or Logistics Management Service, is an essential part of any transportation, logistics, or trucking business, particularly with new problems brought about by the COVID-19 pandemic.
The New Need for More Effective LMS Software in 2020.
A Logistics Management Service (LMS) is a kind of software that’s used to track, report, administer, and document every step of the trucking process.
Transportation and logistics has always been a narrow-profit-margin industry. But the increased unpredictability of the economy, labor force, and supply chain as a result of the COVID-19 pandemic has made now a more important time than ever to be organized and precise. “Beyond the resumption of a boom-and-bust cycle now exacerbated by COVID-19, big carriers are looking to technology investments that promise to raise efficiency,” says the 202 State of logistics report by the Council of Supply Chain Management Professionals (CSCMP). What this means for the trucking industry is that having effective LMS software is more important than ever. It may not just be a case of profit margins, but of whether or not the business survives.
Not all LMS systems are created equally, though, and it’s important to periodically assess the software you’re using to ensure that your fleet’s capabilities are being made the most of. A streamlined platform gives fleets the data they need to make intelligent decisions — about everything from driver safety, productivity, cost, compliance, fuel and maintenance.
Essential Questions to Ask When Evaluating Your Current LMS.
If you’re serious about moving freight efficiently, reliably, and cost-effectively, chances are you probably have an LMS system in place, or you’re looking at potential options for one. When evaluating your current or potential LMS, make sure you are reflecting on these questions:
- Does your current solution offer a complete carrier TMS platform that spans the full transportation order life-cycle: from matching power to loads to settling receivables and payables?
- Are you working with trucking companies veterans who understand the challenges unique to the industry?
- Is your level of service attracting repeat customers?
- Does your current LMS improve the efficiency of your operations and the lives of your employees, whether they’re front-office dispatchers, back-office finance folks, or drivers?
Need Help Evaluating Your LMS?
Evaluating your LMS so that you can recognize the full potential of your fleet can be a difficult task. For a free LMS evaluation from experienced industry professionals, call Magnus Tech at (512) 537-9077.
With a combined 50 years of experience in the transportation and logistics industry, Magnus Tech strives to simplify and improve the efficiency of operations in the trucking industry. Magnus Tech has developed a mature and patented technology platform that supports a delivery network of over 6,000 trucks and 11,000 drivers for nearly $7 billion worth of cargo. Visit magnustech.com for more information.
