Info-Tech Research Group's latest industry research provides
strategies to harness real-time transportation visibility for
enhanced logistics efficiency. The newly published blueprint offers
practical guidance for organizations aiming to optimize their
supply chain operations, ensuring timely delivery and robust
response capabilities in a rapidly changing global market.
TORONTO, May 13, 2024
/PRNewswire/ - The logistics sector is experiencing significant
growth and technological advancement, significantly increasing the
importance of real-time transportation visibility systems. These
systems enable organizations to enhance supply chain and delivery
efficiency, as well as adapt to the evolving expectations of the
market. Info-Tech Research Group's latest industry blueprint,
Real-Time Transportation Visibility Systems, explores how
these technologies can transform logistics operations by providing
immediate insights into shipment statuses, thereby improving
operational reliability and customer satisfaction.
"Supply chain visibility is the capacity to track
various items or products in transit, providing a clear picture of
the inventory and activity," says Kevin Tucker, principal research director at
Info-Tech Research Group. "Using real-time information
that identifies problems, a real-time supply chain visibility
system can assist logistics organizations in identifying possible
problems before they arise so that they can implement solutions
that minimize risks and prevent disruptions."
Info-Tech's research emphasizes the critical role that real-time
transportation visibility systems play in modern logistics
strategies. These systems can streamline operations by providing
continuous monitoring and updates on shipments, as well as
considerably reducing costs associated with delays and
miscommunications. By integrating these technologies, organizations
can exceed customer expectations, ensuring prompt and reliable
service delivery. This proactive approach is crucial for
maintaining a competitive edge in the fast-paced logistics
industry.
"The more sophisticated visibility systems combine data from
all sources, both internal and external, spanning the whole supply
chain service region," explains Tucker. "This
includes data about people, processes, technology, and
environmental factors like weather, road conditions, and other
factors that could affect product delivery services. These
solutions also make use of machine learning and artificial
intelligence to provide precise forecasts and recommended
fixes."
Building on the capabilities of real-time visibility systems,
Info-Tech's blueprint highlights the transformative impact these
technologies have on logistics operations. By leveraging
comprehensive data analytics and real-time tracking, logistics
organizations can optimize routing, reduce delays, and enhance
overall supply chain efficiency. This level of sophistication in
visibility systems not only mitigates risk but also adapts to
dynamic market conditions, ensuring logistics operations are both
resilient and responsive to unforeseen challenges.
The firm's blueprint outlines the following six criteria that
logistics organizations must consider when selecting and
implementing a supply chain visibility system:
1. Internal Data Integrations: Ensure the
system integrates seamlessly with:
- WMS – Warehouse Management System
- YMS – Yard Management System
- IMS – Inventory Management System
- TMS – Transportation Management System
- ERP – Enterprise Resource Planning System
2. Account for External Conditions: The
visibility system will need to incorporate data on
external factors affecting logistics, like:
- Road Conditions
- Weather
- Traffic
3. External Data Handling: Manage data
interactions with external parties effectively, including:
- Third-Party and Fourth-Party Logistics
- Customers, Suppliers, and Partners
- Contractors, Depots, and Agencies
4. Real-Time Decision-Making: Key processes
to enhance with real-time data, such as:
- Route Planning
- Driver Communication
- Expense Management
- Proof of Delivery
- Load Status
- Data Management
5. System Selection: Choose a visibility
system that aligns with organizational goals and integrates well
with existing tools. Example visibility systems include:
- Project 44
- FourKites
- BLUME Global
- Transporeon
- TMS First
- MacroPoint
6. Cybersecurity Measures: Implement robust
cybersecurity solutions to protect data integrity and privacy.
Info-Tech's latest blueprint underscores the strategic
advantages of real-time transportation visibility systems,
positioning them as critical tools for enhancing supply chain
resilience and efficiency. By adopting such systems, organizations
can improve logistical operations and adapt more effectively to
unexpected market shifts and disruptions. This approach not only
elevates operational reliability but also significantly boosts
customer satisfaction, ensuring organizations are well-equipped to
meet the challenges of a dynamic supply chain environment.
For exclusive and timely commentary on this topic from
Info-Tech's experts and access to the complete Real-Time
Transportation Visibility Systems blueprint, please
contact pr@infotech.com.
Info-Tech LIVE 2024
Registration is now open for
Info-Tech Research Group's annual IT conference, Info-Tech LIVE
2024, taking place September 17 to 19,
2024, at the iconic Bellagio in Las Vegas. This premier event offers
journalists, podcasters, and media influencers access to exclusive
content, the latest IT research and trends, and the opportunity to
interview industry experts, analysts, and speakers. To apply for
media passes to attend the event or gain access to research and
expert insights on trending topics, please contact
pr@infotech.com.
About Info-Tech Research Group
Info-Tech Research
Group is one of the world's leading research and advisory firms,
proudly serving over 30,000 IT and HR professionals. The company
produces unbiased, highly relevant research and provides advisory
services to help leaders make strategic, timely, and well-informed
decisions. For nearly 30 years, Info-Tech has partnered closely
with teams to provide them with everything they need, from
actionable tools to analyst guidance, ensuring they deliver
measurable results for their organizations.
To learn more about Info-Tech's divisions, visit McLean &
Company for HR research and advisory
services and SoftwareReviews for software buying
insights.
Media professionals can register for unrestricted access to
research across IT, HR, and software and hundreds of industry
analysts through the firm's Media Insiders program. To gain access,
contact pr@infotech.com.
For information about Info-Tech Research Group or to access the
latest research, visit infotech.com and connect via
LinkedIn and X.
View original content to download
multimedia:https://www.prnewswire.com/news-releases/the-future-of-supply-chain-management-info-tech-research-group-publishes-insights-on-real-time-visibility-technology-302143971.html
SOURCE Info-Tech Research Group