Mindmap for Global Logistics Integration
The world is becoming smaller and larger at the same time through globalization and the internet. Goods have to be transported across the globe and across the neighbourhood. To manage this logistics complexity while adhering to customer service standards and incurring reasonable costs, companies need Global Logistics Integration. Supply Chain Movement and software vendor Eyefreight have therefore developed this mindmap for Global Logistics Integration, outlining the route to achievement and providing road signs to flag potential hazards along the way.
Customer behaviour is changing rapidly across the world and demand can shift very rapidly. Goods have to be transported across the globe and delivered to different destinations – from congested cities to remote, rural areas. At the same time, a tsunami of technology innovations is flooding the business landscape, creating new possibilities but also more complexity. In a world with an increasing number of political disturbances and mounting pressure to create sustainability, companies in a global market have to design their logistics strategy to meet demand in a cost efficient, optimal way: Plan.
Global market trends have a considerable impact on a company’s different business functions. While a management team worries whether they are still in control in this environment, commercial managers worry about how to address customers’ rapidly changing demands. Meanwhile the IT department is facing new technology such as cloud applications and mobile apps, all of which have to integrate with a company’s infrastructure. This dynamic has to be examined and stakeholders must determine the impact on the supply chain function: Do.
The main challenge in logistics is an increasing complexity of trade-offs in transport planning. Poor forecasting leads to rush orders to meet the delivery requirement demands of customers. Customer service has to track the shipment’s status and inform customers about schedule deviations. Returns must also be accounted for in the planning and execution processes. To maintain control of transportation budget consumption, the entire logistics process must be evaluated: Check.
To meet changing consumer demand worldwide, a company needs a global transport management system that accomplishes four key goals. First, the system must calculate the optimal route from origin to destination, regardless of transportation modality. Second, the system needs to provide a transport control tower to deliver a total overview of the transportation network performance and connect all carriers. Third, it is essential the system generate pre-invoices to reduce carrier invoice uncertainties, eliminate fraud, and manage freight spend. Finally, the system should enable intelligent inventory location management to ensure optimal on-shelf availability for the end customers. With Global Logistics Integration companies are agile and able to Act.