SINGLE TMS PLATFORM COVERING TRANSPORTATION PLANNING AND EXECUTION FOR ASSET-BASED, ASSET-LIGHT AND NON-ASSET TRANSPORTATION OPERATIONS ANNOUNCED BY TMW SYSTEMS
TransForum User Group Attendees See TMW Systems Expand TMS Capabilities with Multi-Mode Planning and Optimization for Third Party Logistics Companies and Carriers with Diversified Services
ORLANDO, FL--During his keynote address launching TransForum 2012, the company's annual User Conference and Exhibition, David Wangler, President and CEO of TMW Systems®, announced product developments that positioned the company's transportation management software to serve "an entire spectrum of surface transportation business needs." Wangler indicated the release of products such as TMW Mode Planner and the TMW Transportation Modeler, among others, marked the first phase of integrated functionality developed to serve the complex needs of the diversified transportation service provider, with or without fleet assets.
With these new products, customers of TMW Systems can provide more strategic and higher value services to their customers. The TMW Transportation Modeler is designed for bid proposal and strategic network planning and TMW Mode Planner is used to automatically plan customers' shipments into optimized loads in order to produce lowest-cost transportation options to be executed using TMWSuite®. The products leverage sophisticated algorithms based on industry-proven Appian DirectRoute to consider consolidation and mode shift opportunities, lowest cost carrier and carrier performance levels.
"The growth of TMW Systems over the past six years," said Wangler, "reflects the company's strategy to expand from providing dispatch software for asset-based trucking companies to delivering a much broader platform that can support the additional TMS needs of 3PLs, intermodal and freight forwarders, private fleets and brokers. Technology solutions specific to these types of operations are now available within a single TMW software platform, joining the robust business capabilities already available to for-hire carriers across all industry segments, including TL and LTL, liquid and dry bulk, intermodal, dedicated contract carriage, flatbed, fuel carriers and oilfield services."
"Historically, the transportation management systems that shippers or leading 3PLs used for order management, load consolidation and shipment planning evolved separately from the technology that carriers were using," stated Wangler. Confirming the company's future product development plans, he added that bridging the business needs and functional requirements between consumers of transportation services and providers of those services is the key to making the best use of all available transportation resources in an era of limited capacity.
The keynote address introduced what the company claims is an industry first-the capability to optimally plan customer shipments for the lowest total transportation cost across a company's own assets as well as external carrier resources in the same automated process, using the new Mode Planner product. This unique capability offers benefits in efficiency, improved asset utilization and profit margins for shippers with private fleets that also make use of commercial carriers. It also serves the growing number of diversified transportation service providers with their own assets that manage logistics and external carriers on behalf of their customers.
Evidence of the company's increasing breadth in logistics management capability came in the form of the newly released Transportation Modeler, developed with optimization and modeling algorithms out of the firm's Appian software group. TMW Systems acquired Appian Logistics Software, already a noted provider of routing and scheduling software to private and dedicated fleets, in 2011. The TMW Transportation Modeler is offered as a stand-alone, multi-modal freight network simulation and analysis tool for optimized logistics planning and requires no TMS or dispatch integration. Users of the product include transportation analysts of major corporations, distribution organizations, third-party logistics companies and asset-based carriers offering a range of logistics management services.
Wangler's address to the almost 1700 attendees at the TransForum 2012 User Conference and Exhibition, held at The Peabody Orlando in Florida this week, opened a conference marked by significant product releases across all the company's lines of business and heightened visibility for TMW Cloud Services. Cloud Services provides transportation-industry-specific application hosting and IT consulting services, addressing growing interest in hosted and SaaS delivery of transportation and fleet management technologies among TMW customers. With a range of offerings from SaaS subscriptions for asset maintenance software and TMS solutions for smaller carriers, to Infrastructure-as-a-Service for firms outsourcing their enterprise hardware requirements, the option of TMW Cloud Services frees customers to choose a delivery method for any TMW software technology that fits their unique business requirements and constraints.
The TMW Systems TransForum User Group runs from September 23rd to the 26th this year.
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