The impact of technology on global business advancements is prominent in every aspect and global logistics are not an exception to such fact. A supply chain that has a characteristic of increased visibility is considered as more efficient and environment friendly. This is the reason that logistics manager are employed within the organizations so as to avoid last minute air or rushed truck shipments, that will enable the company to reduce fuel consumption and emission in addition to saving of money. This essay is of an exploratory nature aimed at assessing the impact of technology on the improved management of global logistics. The theme of this case assignment is supported with the help of examples so as to clearly reflect the logistics improvement in the global context.
Discussion
Supply chain of number of companies is becoming efficient with the use of technology in global logistics management. One of the dynamic responses to the global market pressures is in the form of leveraging emerging markets and companies are taking advantage of these opportunities. Management of global logistics with the help of technology has number of key objectives. Some of these are (Wedan, 2006):
Building flexibility into the design
Development of core competency by bringing the logistic suppliers on board in a unified manner
Capture of meaningful information so as to support process of continuous improvement
In order to make the supply chain effective and visible into in-transit materials location, a number of benefactors are providing with technology based solutions. Information sharing system is becoming accessible through the website of number of transportation companies that provides with the shipment status. In addition, advanced logistic planning and execution software are available for the companies that serve as an important mean to manage the global logistics.
Studies have indicated that intelligent transport systems (ITS) and other smart technologies are employed by number of organizations. These technologies seem to be cost effective and have the characteristic of quick deployment. An example is of solution provided by synchronized and adaptive traffic signals yielding a return of $40 I terms of time. Not only this, fuel is saved for every $ 1 invested while showing a reduction of up to 22% CO2 emission and 25% or more minimization of travelling delays (Transportation for America, 2010). A benefit-cost ratio was evaluated by the Government Accountability ...