Report: TMS market will grow to $30 billion by 2025 – Supply Chain Dive

Dive Brief:

The thread connecting the trends driving current TMS expansion is a need for individualization, or a specific model to aid the business in question. Because TMS software typically aims toreduce costs through a vareity of services like better route planning and load optimization,improved transparency, or greater flexibility for delivery changes a single method is unlikely to dominate the market.

For example, a small supplier expecting growth may seek to manage that by optimizing routes and loads, but may not require Big Data capabilities or desire greater transparency. A larger supplier, too, may benefit from such technology but would likely apt to adopt more encompassing systems to meet its greater needs.

Either case highlights the salesman's challenge in the industry: buyers often desire a specific solution for their problems, and vendors must adapt their systems to such needs, at least rhetorically. That's why many TMS providers also offer a consulting or implementation service, to better match needs with software solutions. Or, why application program interfaces integrating various systems are becoming increasingly common.

That's also why terms like visibility, Big Data and sustainability can catch on in the diverse industry vendors must idealize solutions to make them applicable, yet customizable, to all. These supply chain trends will ensure continued growth and adoption in the technology space.

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Report: TMS market will grow to $30 billion by 2025 - Supply Chain Dive