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Logistics System Information Technology
Published in John M. Longshore, Angela L. Cheatham, Managing Logistics Systems, 2022
John M. Longshore, Angela L. Cheatham
Like others in the industrial oven business, Angela’s company manufactured only a few of the components used in the oven build process. They focused more of the oven building to exact specifications, ensuring seamless heat treatment across several application-type materials. There was, however, a well-defined order in which the components could be assembled, integrated, and tested. Recently, it had become clear to Angela that warehouse and inventory costs associated with all the required building components were a substantial portion of her expenses and that they might be ripe for a reduction. In particular, she had been considering a decision to invest in a warehouse management system (WMA) to increase the visibility of the large warehouse inventory which was located next to the production plant. Transportation costs were an emerging secondary concern, as it had been increasingly difficult to plan shipments as they expanded into new markets and were sourced from a larger number of suppliers. Thus, Angela was also intrigued about the potential benefits of implementing a transportation management system (TMS).
Technology as an Enabler of an Omni-Channel Retail Supply Chain
Published in Paul Myerson, Omni-Channel Retail and the Supply Chain, 2020
SCE monitors the physical movement and status of goods as well as the management of materials and financial information of all participants in the supply chain, and can include systems such as warehouse management systems (WMS), transportation management systems (TMS), and enterprise resource systems (ERP), and feature planning, scheduling, optimizing, tracking, and performance monitoring as described below.Warehouse management systems – WMS controls the flow of goods through the warehouse and interfaces with the material handling equipment. It also typically includes the automated processing of inbound and outbound shipments and the storage of goods. Administrative features can include the processing of EDI transactions, planning shipments, resource management, and performance tracking. Transportation management systems – A TMS helps to manage global transportation needs including air, sea, ground, and carrier shipments. In terms of transportation acquisition and dispatching, a TMS may also handle the planning, scheduling, and optimizing of shipments. They also provide tracking of vehicles including exception management, constraints, collaborating with partners, and monitoring of freight. Administrative features can include cost allocations, freight auditing, and payment and contract management. Enterprise resource systems (ERP) – While some may not include ERP systems as SCM tools, a great deal of the functionality is supply chain and logistics related. ERP systems are an extension of an MRP system tying in all internal processes as well as customers and suppliers. They allow for the automation and integration of many business processes including finance, accounting, human resources, sales and order entry, raw materials, inventory, purchasing, production scheduling, and shipping, resource and production planning, and customer relationship management. An ERP shares common databases and business practices and produces information in real time, and coordinates business from supplier evaluation to customer invoicing.
Simulation analysis of supply chain risk management system based on IoT information platform
Published in Enterprise Information Systems, 2020
Qian Gao, Shanshan Guo, Xiaofu Liu, Gunasekaran Manogaran, Naveen Chilamkurti, Seifedine Kadry
In recent years, customers have become more and more demanding for third-party logistics services, especially information services. Undifferentiated basic logistics services such as transportation, warehousing, distribution, and cost-based competition have made customers satisfied with third-party logistics services. At a lower level, they urgently need a logistics information value-added service that is different from public logistics services and improve their individuality. With the development of modern logistics technology, computer networks, and wireless communication technologies, especially the introduction of the IoT, a solid foundation is provided for logistics enterprises to realise information value-added services. Transportation management system (TMS) determines the optimal methods to move raw parts from suppliers and to move products to final customers. Figure 14 shows the application of TMS execution.