Integrated Freight Logistics
Integrated Information For Freight Logistics: A Time For Commitment, Partnership and Action
Many dispute the breadth and depth of the term “logistics;” however, its fundamental components are fairly common – plan, move, store and report. Despite this semantic confusion, one thing is clear: Information drives all the fundamental processes in a freight logistics enterprise. Managing this information, and its related systems, is the key to success.
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Freight logistics is embedded in the supply chain – it is the link between procurement, manufacturing and distribution. As a result, freight logistics information becomes the life-blood of the supply chain, driving every global trade decision. Suppliers insist on warehouses with the right material at the right time. Manufacturers demand inventory just in time. Carriers must match loads with empties. And customers want to know where their shipments are and when they will arrive.
The information surrounding materials or inventory in transit is as valuable as the actual physical goods. As a result, within most transport operations, performing economical, efficient and effective freight movement requires timely and reliable information. To be competitive, a freight logistics enterprise must have an integrated information system.