In recent years, the supply chain industry has undergone significant changes. With the advent of e-commerce, businesses are under increasing pressure to keep pace with growing customer demands, shorter product lifecycles, and global competition. Multi-enterprise business networks have been an effective first step to meeting these challenges and leveraging the vast potential of this new landscape.
However, in many ways, the industry has also plateaued. While supply chain business networks and delivery models must continuously morph and adapt to cope with ever-changing market demands, most transportation management systems in use today are modeled on obsolete frameworks from the 1990s. They lack the flexibility to respond to today's dynamic needs and pressures and they tend to perpetuate organizational silos.
This white paper will delve deeper into the various challenges facing the modern supply chain, including globalization, consumer pressures, and the disruption of geopolitical change. The paper will also detail what these obsolete frameworks are, why they continue to occur in even the most modern solutions, and how they hold businesses back from succeeding in today’s multifaceted and networked reality. Finally, the paper offers a new perspective on the current situation, as well as an effective solution for a twenty-first century TMS.