Freight Shipment Technology
Freight shipment technology is part of the recent trends in supply chain management (SCM) where, to reduce cost and maximize efficiencies, companies use information technology to coordinate strategically among manufacturers, wholesalers, retailers and ultimately the customer.
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Identification
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Freight shipment deals with the transport of freight on large freight container ships overseas, or the transportation of freight containers inland on rails or transport trucks. As a node in the supply chain, freight lines must maximize the use of information technology to remain competitive and add value to the supply chain.
Technology
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Many software and technology companies provide SCM-related technology solutions to the freight industry. Some features and benefits of this technology include helping freight companies handle ocean freight and inland transport legs within one package, as well as helping companies provide a customized freight service to each customer based on customer-specific requirements. In addition, technology solutions can offer an easy intuitive web-based interface and run on an Oracle platform for increased performance, scalability, reliability and security.
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Significance
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In a global economy, freight companies realize they must cut cost and carve out new efficiencies to compete. This fact forces freight lines to explore and deploy new technology to meet this new challenge and demand.
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References
- Photo Credit freight shipping image by FotoWorx from Fotolia.com
