Key areas where IT will support logistics companies in
achieving success in 2020:
Data-sharing; now
more than ever before, information is power.
The electronic exchange of information (including documentation) and financial data with supply chain partners, including regulatory bodies, will be becoming mandatory in many regions by 2020.
Strategic supply
chain planning; for simulating network
design and sourcing decisions.
Any device, anywhere;
BYOD and the effective utilization of
platform-neutral apps (for example delivery tracking by courier) require increasing levels of collaboration between IT systems, both internal and external,
and a bigger picture approach to
policies.
Better planning on
multimodal transportation; to meet both
green and efficiency targets and handle hub-and-spoke networks. Estimated breakdowns of
potential routes will be required,
by CO2 emissions and cost as well as speed,
as LSPs increasingly need to substitute routes and parts of routes with alternative modes of transport
for cost, environmental impact or
access.
Better utilization of
resource; via granular cost allocation and detailed efficiency analysis by
route, modality, carrier and type
of goods.
CO2 reporting
compliance; impossible to achieve without effective allocation, tracking and measurement of costs and resources down to individual shipment
level.
React to traffic
conditions; linking of Trade Management Systems and Transportation
Management Systems to live traffic
conditions with process flows and automation that can influence route planning in sufficient time to divert.
Track and trace
visibility; vision is end-to-end visibility of the supply chain from
factory to the end customer or
consumer.
Inventory management;
first by minimizing the inventory required in each location to meet customer demand and secondly by optimizing every last cubic
centimetre of warehouse space, with agile systems that enable rapid put-away, selection and
processing, as well as integration to warehouse equipment such as forklifts, high bay racking
systems, etc.
Mobility; systems
must be quick and easy to rollout, with flexible set-up and configuration, to cope with new customers, new routes, new regions,
partnerships and alliances, mergers and acquisitions.
Standards and interoperability;
increasingly connected supply chains to enable the sharing of information with customers’ and subcontractors’ systems as
well as connections to industry Hubs such as INTTRA and TRAXXON, and traffic information sites.
Streamlining of cross-border and compliance processes;
multi-country customs, AES submissions,
hazardous goods checking, denied party screening and other
regulatory compliance.
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