Freight management is the task of planning and carrying out transportation operations and activities, and includes managing freight volume, cost, and service levels.

A freight management system is a common tool for managing shipments moving through a supply chain.

Freight management systems offer a variety of features to help companies manage their supply chain more efficiently and effectively, including: Monitoring and managing inventory. Freight management systems can help you keep track of what's on hand, order replenishment, manage on-time delivery performance, and optimize your inventory.

• Inventory planning. A freight management system can help you plan orders and forecast demand. It can also analyze current orders against historical patterns to aid in ordering decisions..
• Managing transportation costs. Over time, a freight management system can help you determine whether your current transportation methods are the most cost-effective for your company.
• Managing insurance coverage. If you have a policy that covers loss or damage on international shipments, a freight management system can help you get the best coverage at the lowest price.

Freight Forwarding Software is used to automate freight forwarding, customs clearance, CFS and trade compliance process. Its also used for tracking shipments, receiving documents, booking shipments, monitoring the status of the shipment at any time, etc.

Freight forwarders provide their customers with a range of services including consolidation, documentation, freight payment and customs clearance. The service is offered by freight forwarders who serve as an intermediary between the shipper and the forwarder's transportation network.