A carrier-focused TMS for simplifying and streamlining operations for any size company.
Magnus Technologies helps you move more freight, more profitably, with a streamlined logistics management platform designed and supported by people who know the trucking industry.
Our platform helps you to grow a profitable business by simplifying and streamlining your operations and increasing productivity. Our Magnus TMS solution provides the information you need to get business done – connecting the back office with drivers to maximize asset utilization, reduce empty miles, improve service levels, increase driver satisfaction and retention, and manage safety and risk.
A Complete Transportation Order Lifecycle
The primary focus of a carrier is to match “power-to-loads”. In other words, match the cargo they have agreed to ship to the appropriate driver, power-unit, trailer, or third-party carrier. The cargo they are shipping is represented by an order – an order to move that cargo from point A to point B. That order has, among other things, a price for the move, the commodity to move, and a set of dates and locations for the pickup and delivery. A load is a collection of one or more orders that are consolidated together as a shipment.
When matching a load to power, that match should offer the carrier the best opportunity to maximize the profitability and service requirements of the load. There is little margin for one to make mistakes here, as each load represents a single building block of the overall profitability of that carrier’s business. Make too many poor matches and your business is in the red.
Once that match is made, the dispatch and driver team needs to deliver the goods on time, while remaining compliant and providing complete transparency into the process as it progresses. How well this is done influences whether or not that carrier will receive future business from that shipper.
Once the load is delivered, the carrier must then both collect the revenue for the load and pay the driver for their work. Get this part wrong and you could be leaving cash on the table and/or increasing driver turnover.
All of these steps are a part of the life-cycle for an order.
The Magnus TMS is, first and foremost, an order management system. It’s also much more than just an order management system; it serves as the engine for your entire business.
The first step in the order lifecycle is to capture the details of the shipment (cargo, locations, dates, etc.) from the company managing the shipment of the goods (the shipper). The shipper can be the originator of the freight or it could be a middleman, as is the case with brokers. In either scenario, you need an efficient method to take orders, whether that is via a manual order entry process or via a direct integration with a shipper, broker, or partner.
The Magnus TMS makes taking orders as quick and painless as possible. The order entry workflow has been designed from the ground-up to streamline and simplify this process. Whether you need to take ad-hoc orders directly from customers, templatized repeat business, batch uploaded via spreadsheet, or via a direct EDI integration to a shipper, Magnus has you covered.
Once the order details have been captured, you need a method to rate those orders with the appropriate pricing and payables. The lane, type of cargo, and other service requirements, may influence both how you rate a shipment and how you pay the driver or third party.
For order rating, you need to consider the line haul, fuel surcharge, and any applicable accessorial rates to build a complete picture of the order revenue. Calculating your payables is much the same but in reverse.
The Magnus TMS supports several methods (flat, miles-based, commodity-based, etc.) for automatically rating both receivables and payables.
Given how important it is to ask for the right price up-front, the Magnus TMS leverages advanced data science techniques to analyze historic lane profitability to arm your team with the data they need to price it right in a convenient rating module.
After rating a load, the next critical element is to make the most efficient match of that load to power. Making this match is at the heart of dispatching. And don’t let anyone fool you – it’s much more art than science.
At the most basic level, you have an unassigned load that needs a driver and power unit to move the cargo. Which loads or drivers should you focus on first? Once you have determined the first priority, the next question is how do you pair the two together? That decision needs to take into consideration the load and equipment requirements, the driver’s remaining hours-of-service (HoS), the distance between where that driver will end her current trip to the pickup location for the load (unladen miles), and much more. It’s complex.
Fortunately, the Magnus TMS includes a load planning module that provides the right level of intelligence, at the right time, to make this decision-making process as effective and efficient as possible. And because the Magnus Technologies Platform includes built-in data-science capabilities, the system continuously learns from previous decisions so that the suggested loads and drivers match the unique nuances of your business operations.
Once the power has been optimally matched to the load, the wheels begin to turn. Manual dispatching procedures necessitate time-consuming conversations between dispatchers and drivers as well as a paper trail to keep track of the progress along the route.
This doesn’t just need to happen when the route begins, but instead, needs to occur at multiple points along the way to ensure your team has the visibility it needs to make adjustments as the operating environment inevitably changes: weather and traffic delays, accidents, new customer requests, and changes to existing loads, etc.
You can’t manage what you can’t see.
In addition to the visibility along the route, your drivers must capture the proper documentation (Bill of Ladings, Proof of Delivery, etc.) at each stop to ensure you have what you need to collect payment. Most Electronic Logging Device (ELD) systems provide some form of asset tracking via the collected GPS. This data can tell you where your assets are at a given point in time, but they can’t tell you if your driver delivered the cargo and collected the appropriate paperwork on-time to fulfill the order.
The Magnus TMS system includes both a web-based application (Magnus TMS) for your front- and back-office teams to fulfill their responsibilities and a mobile driver app (Magnus Driver App), both seamlessly integrating your entire team, including your drivers, and stay in sync, in real time.
Once a load is dispatched to a driver, that load then becomes visible in Magnus Driver App for that driver. The driver can then update the status of the order at the critical steps along the route so that your operations team and customers know the precise status of a load at any given time.
Need to update a load based on a change request from a customer? No problem. Once that load is updated in the Magnus TMS, that updated information is immediately sent to Magnus Driver App, so the driver is aware of the change – all without the dispatcher picking up the phone.
In addition to providing updated load information and tracking the status of the load based on the driver’s actions, Magnus Driver App includes a full document management module that supports the electronic capture of printed documents and any required signatures. These documents and signatures are automatically linked to the load in the Magnus TMS, so the operations team has full visibility. From there, digitized documents can be automatically sent individually to interested parties or bundled together with electronic invoices for settling your receivables.
Once an order has been fulfilled, the customer needs to be invoiced and the drivers need to be paid. This settlement process can be complex and time-consuming if your back-office team is sifting through piles of paperwork to determine the correct rates, and/or to find the right BoL to attach to an invoice.
The Magnus TMS and the Magnus Driver App feature a document management system and a ratings module capability, settling your receivables and submitting invoices can be as simple as reviewing and approving loads that are eligible for payment. For operations with higher order volumes, this entire process can be fully automated with the manual work reserved for managing any exceptions.
Conversely, on driver payroll, the Magnus TMS system supports calculating net pay based on a number of factors. Drivers can be paid based on miles, revenue, number of stops, etc. Also, driver pay profiles can be different if the driver is driving on a team or as an individual.
Included in the platform are accounting and payroll modules that can be fully integrated with leading general ledger and payroll providers via a file-based approach or directly via APIs when available.
Part of running a business requires reflecting on both your own operational data as well as understanding broader, trucking industry trends. In order to help you derive actionable insights from your operational data, the Magnus Platform provides a full-feature reporting suite. These insights are available via a customizable reporting tool, where you can create custom reports that improve your business’ bottom line.
Even better, the Magnus Platform also gives you valuable insights into broader industry trends. Our Business Intelligence system allows you to compare and contrast your own operational data with industry data so you can drive better business decisions.