Industry Insights from Vertrax

So, you’ve decided you’re ready for a fleet management system, but where do you start in choosing a provider? While you’ll have plenty of general transportation management systems (TMS) to choose from, it’s essential to choose the one that best fits your business and industry needs.

The oil and gas industry is catching up with even the savviest startups. Top brands are adopting software to streamline their logistics and supply chain management processes. With this technological progression, transportation management systems continue to grow more and more popular. 

What is a transportation management system (TMS)? A TMS is a cloud-based technology solution that allows companies to manage all transportation activities of their fleet operations. This technology is designed to eliminate manual, paper-based processes and automate processes to run operations more efficiently.

There’s a good chance that you’ve heard of enterprise resource planning (ERP) software but are you aware of how it can transform your business? You may already know that it helps most businesses organize data across their departments, from accounting to risk management to supply chain operations. But did you know there is ERP software built specifically for the oil and gas industry? 

Thanks to on-demand apps like Uber and Amazon, consumers expect a whole new level of service. They’re used to instantly accessing account history, customer service channels, and ordering capabilities. This demand has led savvy companies—B2C and B2B alike—to create or update their own apps, ensuring they are accessible and intuitive. 

The propane industry has been operating the same way and using the same equipment for far too long. This outdated equipment puts your operational efficiency at risk as well as your profit margins. It also gives you a competitive disadvantage as many propane marketers have embraced and invested in new tank monitoring technology.

The propane industry has been leveraging old and inaccurate equipment for years, opening the door for a number of potential issues.

As highlighted by the American Transportation Research Industry, the cost of trucking operations continue to rise in the United States. With this increasing cost comes the necessity to streamline your operations and increase efficiencies as much as possible.

The trucking industry is rapidly advancing in terms of the technology being developed and tested. With each new year comes new technology with claims that it will “revolutionize the industry.” However, many of these technologies haven’t been fully vetted and will inevitably be abandoned or rolled back to development for many years.

2019 was a spectacular year for Vertrax with the launch of 2 new products, as well as major improvements to our existing ones. With the year coming to a close, we thought we’d take the time to share our top blog posts from this year that highlight these launches and more.

Consider these your must-reads to set the stage for success in 2020!

Individual data points are like fuel molecules waiting in pipelines and tanks to heat our homes or cook our food. Massive amounts of them sit inside supply chains and transactions, just needing a spark to unleash their transformative power.