Tech­nol­ogy: The key driver for 3PL

Third Party Lo­gis­tics (3PL) is rapidly gain­ing im­pe­tus as more com­pa­nies are un­able to man­age their com­plex sup­ply chains and are com­fort­able in out­sourc­ing the lo­gis­tics ac­tiv­i­ties to the 3PL ser­vice providers. Vinod Alex, Re­gional Man­ager–South In­dia, F

Cargo Talk - - Lsptalk - Vinod Alex

largest rail net­work in the world, yet its share in goods trans­porta­tion is much less com­pared to the share of road­ways. In com­par­i­son with coun­tries like USA, Rus­sia and China, the cost of trans­port per ton per kilo­me­ter in In­dia is high, al­most three times that of China. The rail­way has the po­ten­tial to bring down the freight cost to greater ex­tent with favourable com­mer­cial char­ac­ter­is­tics, dense and longdis­tance freight lines and strong flows of bulk prod­ucts. How does tech­nol­ogy make

IT is con­sid­ered a pre­req­ui­site for the ef­fec­tive con­trol of com­plex sup­ply chains. To­day com­pa­nies are of­ten not con­sid­ered in­de­pen­dent en­ti­ties, but parts of multi-com­pany, multi-ech­e­lon net­works, that is sup­ply chains, de­liv­er­ing goods and ser­vices to the fi­nal cus­tomer.

Com­pa­nies are un­der pres­sure to bet­ter man­age the sup­ply chain and to im­prove ef­fi­ciency • Or­der track­ing co­or­di­na­tion

Trans­ac­tion pro­cess­ing stands for the use of IT for in­creas­ing the ef­fi­ciency of repet­i­tive in­for­ma­tion ex­changes be­tween sup­ply chain part­ners. In this type of IT use the ex­changed in­for­ma­tion is typ­i­cally re­lated to such tasks as or­der pro­cess­ing, billing, de­liv­ery ver­i­fi­ca­tion, gen­er­at­ing and send­ing dis­patch ad­vices, and pro­duc­ing or­der quotes. and de­liv­ery

Sup­ply chain plan­ning and col­lab­o­ra­tion rep­re­sents the use of IT for shar­ing plan­ning-re­lated in­for­ma­tion such as de­mand fore­casts and other de­mand in­for­ma­tion, in­ven­tory in­for­ma­tion, and pro­duc­tion ca­pac­ity in­for­ma­tion, with the in­ten­tion of in­creas­ing the ef­fec­tive­ness of the sup­ply chain.

Or­der track­ing and de­liv­ery co­or­di­na­tion refers to the mon­i­tor­ing of in­di­vid­ual or­ders or ship­ments, which may con­sist of com­po­nents or fi­nal prod­ucts, with the aim makes it pos­si­ble to im­ple­ment a finely grained and im­me­di­ate col­lec­tion of data, which in turn en­ables more de­tailed and pre­cise anal­y­ses on the ‘Busi­ness In­tel­li­gence’ (BI) side.

A con­nec­tion of RFID, IT & BI has pow­er­ful busi­ness po­ten­tial that goes well be­yond in­cre­men­tal op­er­a­tional im­prove­ments. The com­bi­na­tion for track­ing and trac­ing, and sen­sor tech­nolo­gies ad­di­tion­ally en­ables the iden­ti­fi­ca­tion and lo­cal­i­sa­tion of root causes for qual­ity is­sues.

Sen­sor data such as abra­sion, tem­per­a­ture, hu­mid­ity, or bright­ness can be mea­sured au­to­mat­i­cally for each trans­port unit and stored on the RFID chip. Later this data is made read­ily avail­able by IT for align­ing the flow of goods with the ac­tual de­mand.

The pur­sued ob­jec­tives are re­duc­ing stor­age space at the ‘Global Dis­tri­bu­tion Cen­tres’ (GDC) while curb­ing the risk of

Re­gional Man­ager–South In­dia Freight Sys­tems

Newspapers in English

Newspapers from India

© PressReader. All rights reserved.