Freight Execution and Monitoring in SAP

SAP TM’s Freight Execution functionality allows businesses to execute freight orders, manage carriers, and handle freight billing. It enables businesses to optimize their transportation processes, reduce costs, and improve customer satisfaction by providing real-time visibility into the entire freight lifecycle.

Let’s take a closer look at the key features of SAP TM’s Freight Execution module:

Carrier Management: SAP TM’s Freight Execution module provides a user-friendly interface for managing carriers. The system allows users to create carrier profiles, define rates & tariffs and manage contracts and agreements.

Freight Execution: Once the carrier is selected, SAP TM’s Freight Execution module provides powerful execution capabilities that allow users to track the status of their freight. The system considers factors such as transportation mode, delivery timelines and cost to create the most efficient transportation plan.

Freight Monitoring: SAP TM’s Freight Execution module allows users to track freight in real-time, providing complete visibility into the freight lifecycle. Users can monitor the progress of each freight, from pick-up to delivery and receive alerts if any issues arise.

Freight Billing: SAP TM’s Freight Execution module provides a flexible and automated billing process for freight. The system can generate invoices, perform cost allocation and support various payment methods, including automated clearinghouse (ACH) and electronic funds transfer (EFT).

Overall, SAP TM’s Freight Execution module provides a comprehensive solution for managing freight execution and monitoring, from carrier management to freight billing. It helps businesses optimize their transportation processes, reduce costs and improve customer satisfaction by providing real-time visibility into the entire freight lifecycle.