Business Intelligence

Definition of Business Intelligence as it relates to Business, Supply Chain Management, Performance Improvement

Transportation Management (TM) refers to the planning, execution, and optimization of the physical movement of goods, both incoming and outgoing, required by an organization's business and supply chain operations. It encompasses the management of all activities related to the transportation of goods, including mode selection, route planning, carrier management, shipment tracking, and freight payment. TM is a critical component of operations management as it impacts customer satisfaction, costs, and overall supply chain efficiency. Effective TM strategies can lead to reduced transportation expenses, improved delivery times, and increased visibility into the movement of goods, ultimately contributing to an organization's financial and operational success.

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