Transportation Logistics Information Technology Key Terms

Understand transportation logistics information technology terminology

By B. Lumadue

Transportation logistics information technology is used to make supply chain tasks easier and more effective. Many systems are available for transportation logistics management. They include specialized systems for each step of the process, including warehousing, inventory and transport. Get to know the key terms used in transportation logistics information technology to see what's available and find out what is best for your business.

Fleet management systems

Vehicle tracking through GPS is a primary function of most fleet management systems. Fleet management systems can also include maintenance, fuel management, diagnostics and driver management.
Try: Visit the FleetMatics website to see how GPS tracking works, and its benefits to fleet management.

Inventory and warehouse control

Software to manage inventory and warehouse operations allows companies to quickly check inventory and monitor fulfillment rates, as well as manage warehouse workforce and labor.
Try: See Infor for a list of features and capabilities offered as part of its inventory and warehouse software.

Consulting services

Transportation logistics consultants assess a company's current systems to develop custom information technology solutions, as well as train staff and integrate software.
Try: Check the Horizon Services Group website for information about what is included in its consulting service.

Vendor Managed Inventory (VMI) system

Vendor Managed Inventory (VMI) systems incorporate key customers in inventory and supply chain planning. Instead of waiting for customers to order more products, vendors offer the service of planning inventories and placing orders.
Try: Visit SAP America for more information about Vendor Managed Inventory systems.

Collaborative Planning, Forecasting and Replenishment (CPFR) system

With Collaborative Planning, Forecasting and Replenishment (CPFR) guidelines, customers and suppliers share in the planning of inventory management, reducing difficulties caused by order uncertainty. Information is shared between supply chain members over the Internet.
Try: See the Textile/Clothing Technology website for a detailed article about Collaborative Planning, Forecasting and Replenishment.

Global Trade Management

Doing business globally means staying in compliance with the regulations of foreign countries. Global Trade Management systems provide assistance in this area by creating and submitting documents, invoices and other paperwork, evaluating customs and tax charges, and keeping track of rules and regulations.
Try: See RedPrairie for an example of the tasks performed by Global Trade Management systems.