The transportation management systems market has bounced back after the global recession. In 2010, the market grew significantly faster than the rate of inflation. Significant growth is forecast through 2015, according to ARC Advisory Group research.
"Multitenant solutions that leverage the network remain a key growth driver for this market," according to Steve Banker, Service Director for Supply Chain Management at ARC. Banker is the principal author of ARC's Transportation Management Systems Worldwide Outlook: Market Analysis and Forecast through 2015.
ARC segments the TMS market into three application areas. "Planning & Execution" solutions are end-to-end transportation systems used by shippers who utilize carriers to move their freight. "Fleet Management" is an end-to-end solution for shippers/carriers that own transportation assets and need to manage those assets efficiently and effectively. "Point Solutions" include any systems that cover only a part of the end-to-end transportation process.
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