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       Transportation Management System
       
       Plan, procure, execute, & track transportation for every shipment across
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SHIPSY RECOGNIZED IN THE 2024 GARTNER® MAGIC QUADRANT™ FOR TRANSPORTATION
MANAGEMENT SYSTEMS


SHIPSY



In the 2024 Gartner® Magic Quadrant™ for Transportation Management Systems
(TMS), Shipsy has been recognized as a Niche Player. 

“Gartner defines TMS as software that supports multimodal planning and execution
of the physical transport of goods across the supply chain. It allows a company
to manage varying levels of transportation complexity across multiple transport
modes and geographic regions. TMS solutions are utilized by companies of
differing sizes, operational complexity, industries and geographic locations.” 

“TMS solutions are utilized to plan and execute the physical transport of goods
across the supply chain. They provide a company with the ability to manage the
entire transportation life cycle of an order or shipment.” 

Gartner continues to see expansion in the sophistication, functional breadth and
depth, and geographical scope of the TMS market. However, as shipper
requirements grow, notable differences remain across solutions. These
differences include the capability to address the most complex requirements, a
vendor’s ability to deploy outside its home region and the TMS’s native support
for modes other than over the road. Gartner evaluates TMS providers on two
critical criteria– ability to execute and completeness of vision.


DOWNLOAD 2024 GARTNER MAGIC QUADRANT REPORT






ABILITY TO EXECUTE



Gartner analysts evaluate vendors on the quality and efficacy of the processes,
systems, methods or procedures that enable provider performance to be
competitive, efficient and effective, and to positively impact revenue,
retention and reputation. Ultimately, vendors are judged on their ability and
success in capitalizing on their vision. 

Criteria for market understanding, offering (product) strategy, innovation and
geographic strategy are weighted high. In terms of vision, these criteria are
the most impactful in a buyer’s decision.

Buyers are looking for vendors that understand the trends and changing dynamics
in transportation, offer depth and breadth in their product portfolio, have a
strong product roadmap, and can support their business needs across a diverse
set of geographic locations.


COMPLETENESS OF VISION 

Gartner analysts evaluate vendors on their ability to convincingly articulate
logical statements about current and future market direction, innovation,
customer needs and competitive forces, and how well they map to the Gartner
position.

Ultimately, vendors are recognized on their understanding of how market forces
can be exploited to create opportunities for the vendor.


6 CRITICAL CAPABILITIES OF SHIPSY’S AI-POWERED LOGISTICS ORCHESTRATION PLATFORM

Shipsy’s AI-powered logistics orchestration platform is empowering hundreds of
businesses across the globe to orchestrate and execute end-to-end transportation
operations.

Our platform is fuelled with a modern technology architecture and is a
game-changer in making transportation cost-efficient, sustainable, proactive and
sustainable. Let’s delve deeper into the capabilities of Shipsy’s TMS.


1. DRIVING END-TO-END LOGISTICS ORCHESTRATION ON A UNIFIED PLATFORM

By automating processes, Shipsy’s TMS streamlines planning, procurement,
execution, tracking, and auditing of transportation for every shipment, ensuring
seamless operational flow.

It enables comprehensive management of hub-to-hub, hub-to-store, and last-mile
deliveries, all within a single platform, thus simplifying logistics
complexities. 

Furthermore, the platform facilitates the assignment, tracking, and management
of deliveries across various transportation modes, including an organization’s
own fleet, market vehicles, and third-party logistics providers (3PLs).

This integrated approach not only enhances efficiency but also provides
real-time visibility into the entire delivery process, from start to finish.


2. PROCURING THE BEST LAND, OCEAN AND AIR FREIGHT RATES

By leveraging cutting-edge AI-driven carrier rankings, our transportation
management system ensures access to the best freight rates, enabling users to
procure freight efficiently through intelligent  and automated RFQ (Request for
Quotation) processes.

Additionally, it simplifies the onboarding of transportation vendors and the
digitization of vendor rate contracts, making it easier to manage and scale
logistics operations. 

With over 150 integrated third-party logistics providers (3PLs), Shipsy’s TMS
offers a broad network of logistics options, enhancing flexibility and ensuring
that businesses can always find the right logistics solutions to meet their
needs.

This comprehensive approach streamlines logistics operations, from rate
procurement to vendor management, making it a seamless and efficient process.


3. CRAFTING OPTIMAL DISPATCH PLANS

By consolidating loads to achieve an optimal Full Truckload (FTL) and Partial
Truckload (PTL) mix, the system enables efficient use of transportation
resources.

It intelligently creates the most effective routes and vehicle combinations,
taking into account various constraints related to orders, vehicles, and
specific logistics objectives.

This process involves automatically selecting the best-suited carrier and
contract for each shipment, ensuring that every decision maximizes efficiency
and cost-effectiveness. 

By focusing on load consolidation and optimal routing, the system significantly
reduces the need for market vehicles and decreases the turnaround time (TAT) for
deliveries.

This streamlined approach not only enhances operational efficiency but also
contributes to more sustainable logistics practices by minimizing empty miles
and maximizing load capacity.


4. ENSURING SEAMLESS MANAGEMENT OF VENDOR INDENTS AND MULTIPLE-CARRIERS

Shipsy’s TMS ensures vendor indents are raised automatically based on various
criteria such as costs, turnaround time (TAT), and prioritization.

This is facilitated through a range of communication channels including a vendor
portal, WhatsApp, SMS, or Email, ensuring flexibility and accessibility for
vendors. Moreover, a unified TMS offers the capability to book, manage, and
track PTL shipments across multiple 3PLs, streamlining the process and enhancing
efficiency. 

The system also enables real-time tracking of progress and the management of
exceptions while in transit, ensuring any issues can be promptly addressed. To
confirm delivery success, it supports the collection of electronic Proof of
Delivery (e-POD) and electronic Lorry Receipt (e-LR), thereby digitizing and
securing the confirmation process.

This comprehensive approach not only optimizes logistics operations but also
improves transparency and reliability throughout


5. PROVIDING REAL-TIME VISIBILITY ACROSS TRANSPORTATION STAKEHOLDERS

Leveraging advanced tracking technologies such as SIM, GPS, or app-based
systems, the platform offers real-time visibility into the live location and
status of shipments, enhancing the logistics experience for all stakeholders.

It empowers dealers and distributors by enabling them to track all shipments
dispatched to their hubs directly through the merchant portal, ensuring
transparency and ease of access to information. Furthermore, the platform
provides customers with an Uber-like delivery experience, featuring map-based
location tracking and accurate estimated times of arrival (ETAs), elevating
customer satisfaction to new heights. 

To complement this, customers are kept well-informed at every stage of the
delivery process via notifications sent through Email, SMS, or WhatsApp,
ensuring a seamless and communicative delivery journey from start to finish.

This comprehensive approach not only streamlines the tracking and management of
shipments but also significantly enhances the overall delivery experience for
customers, dealers, and distributors alike.


6. ENHANCE RECONCILIATION AND PERFORMANCE BENCHMARKING OPERATIONS

Our TMS streamlines financial processes by generating digital invoices and
implementing a robust four-way maker-checker reconciliation for auditing,
ensuring accuracy and integrity in financial transactions. In the event of any
breaches of SLAs, it automatically calculates penalties, providing a clear and
fair approach to managing contract compliance.

Additionally, the platform’s advanced analytics tool, ShipsyBI, empowers users
to track key performance indicators (KPIs) and generate data-rich reports. 

Through advanced data visualization techniques, ShipsyBI offers insightful and
actionable intelligence, enabling businesses to make informed decisions based on
comprehensive analyses of their logistics operations.

This integrated approach not only enhances operational efficiency but also
provides a transparent and accountable framework for financial management and
performance evaluation.

To delve deeper into Shipsy’s recognition in the TMS landscape and access
industry insights, download your complimentary copy of the 2024 Gartner® Magic
Quadrant™ for TMS.

--------------------------------------------------------------------------------

1Shipsy vendor ratings on Gartner Peer Insights TMS Market as of 26 March 2024

Gartner, Magic Quadrant for Transportation Management Systems, Brock Johns,
Oscar Sanchez Duran, Carly West, Manav Jain, 27 March 2024

Gartner is a registered trademark and service mark and Magic Quadrant and Peer
Insights are registered trademarks of Gartner, Inc. and/or its affiliates in the
U.S. and internationally and are used herein with permission. All rights
reserved. This graphic was published by Gartner, Inc. as part of a larger
research document and should be evaluated in the context of the entire document.
The Gartner document is available upon request from the report. Gartner does not
endorse any vendor, product or service depicted in its research publications,
and does not advise technology users to select only those vendors with the
highest ratings or other designation. Gartner research publications consist of
the opinions of Gartner’s research organization and should not be construed as
statements of fact. Gartner disclaims all warranties, expressed or implied, with
respect to this research, including any warranties of merchantability or fitness
for a particular purpose.




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