It In Logistics

By Author: jhonsmith
Total Articles: 1
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With supply chains getting more and more complex, the Indian logistics sector needs to realize that, optimization of their resources through strategic alliances and partnerships will help reduce their overheads, costs and improve efficiency and service delivery. Globalization coupled with advancements in technology are increasingly compelling companies across verticals to concentrate on their core competencies through massive implementation of information technology.
DRS Logistics in fact has adequately introduced information technology by which has borne fructuous results in terms of information awareness, employees productivity in terms of dissemination of data across its wide network which helped in elevating its high standard of customer service abundantly and appreciably. Data collection and exchange are critical for logistics information management and control. Good quality in data acquisition can help logistics service providers deliver customers' goods more accurately and efficiently. The bar code system and radio frequency identification system (RFID) are acquisition technologies that can facilitate logistics ...
... data collection and exchange Information technologies: Information technologies are the devices or infrastructures to make communications of business information among several organizations more efficiently. Many logistics managers see the information technology as a major source of improved productivity and competitiveness. Information technologies may increase organizational productivity, flexibility and competitiveness as well as stimulate the development of inter-organizational networks. The information technologies that are commonly used in logistics industry include electronic data interchange (EDI), the Internet, value added network (VAN), point of sales (POS), electronic ordering system (EOS), logistics information system, computer telephony integration, and enterprise information portals.
The application of IT is useful in the logistics industry, a sector that is growing in importance, particularly in service based industry. IT plays the linking role among various parties such as manufacturers, retailers, transportation carriers, and final customers in the logistics networks. At DRS Logistics we are able to manage information effectively to integrate various logistics activities, including inbound and outbound transportation, distribution, warehousing, and fleet management, in order to streamline the physical product flows of our customer firms.
Unlike other sectors, Indian logistics industry spends less than one percent on information technology (IT). According to the study done by Kale Consultants, Indian logistics industry accounts for merely two percent of the $5,000 billion global logistics industry.
"The logistics industry currently spends a meagre 0.5 to 0.17 percent of its overall revenue on IT. The major industry segments that use IT in their logistics spends include airports, ports, warehouses, inland container depots (ICDs) and freight forwarders," says the study.
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