23 Jun Explain the benefits of proper integration of tec
Explain the benefits of proper integration of technology into logistics systems.
?Explain the role technology plays in modern logistics systems.
?Show how technology is reducing the cost of logistics.
One platform, many uses
Rising logistics costs and capacity constraints are encouraging companies to take a more strategic approach to transportation management systems (TMS). Instead of using the systems to wring savings from only one segment of their supply chain, theyre using a single technology platform to support several software applications. Until recently, most users of TMS focused on tools that met only the tactical demands of their day-to-day operations. Unlike “point solutions,” which focus only on one set of problems, these kinds of tools collect and integrate not just data about current transportation operations, but also about sourcing, forecasting and planning throughout the supply chains of a company and its partners. In logistics technology parlance, its known as “business agility.” Best Buy has adopted this approach.
Companies used to be thrilled if they could use software to shave a few thousand dollars from their annual trucking bill. Now they want more – and theyre finding it with transportation management systems.
Rising logistics costs and capacity constraints are encouraging companies to take a more strategic approach to TMS. Instead of using the systems to wring savings from only one segment of their supply chain, theyre using a single technology platform to support several software applications.
When Cemex wanted to upgrade its transportation management systems, the Mexican cement manufacturer contracted with i2 Technologies for technology applications covering supply-chain strategy, demand planning and transportation modeling, planning and management. Cemex said it has saved $4.5 million.
USCO Logistics, a subsidiary of Kuehne & Nagel, recently deployed a new tool from Oracle Transportation Management that enables USCOs buyers, vendors and carriers to share a single business process that operates on one technology platform. USCO said the arrangement has reduced its inventory expenses.
Until recently, most users of TMS focused on tools that met only the tactical demands of their day-to-day operations. “Companies used to be focused on making a small improvement here and another small improvement there,” said Jeff Woods, a Gartner Group analyst and author of a recent study of TMS tools. “Now, technology actually matters.”
Unlike “point solutions,” which focus only on one set of problems, these kinds of tools work in tandem with other tools that optimize a shippers entire supply chain. They collect and integrate not just data about current transportation operations, but also about sourcing, forecasting and planning throughout the supply chains of a company and its partners.
In logistics technology parlance, its known as “business agility.” The approach uses technology to anticipate ch
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