To determine: Role of transportation information and the ways by which it support network visibility, control and service consistency.
Explanation of Solution
Information forms the basic source for any future developments for any industry. The data gathered are processed to form an information which in turn analysed to predict the future changes.
The transportation information also supports and is required to make any future decisions. The key to maintain cross-chain knowledge, analysing situation and taking remedy measures is the network visibility. To establish proper network visibility, transportation information is required.
To establish effective control, maintain timely and cost-effective transportation, information is mandatory. All supply chains are dependent on rapid delivery service for which information forms a necessary requirement. All latest trends like JIT, lean manufacturing highly depends on the information provided by various functional departments.
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Chapter 3 Solutions
Transportation: A Global Supply Chain Perspective
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