Transport & Logistics
In the past, logistics was a passive, cost absorbing function in an enterprise. Today, logistics is highly strategic factor, capable of providing a unique competitive advantage and a variety of other benefits. Indeed, a wide range of value-added transport and warehouse management applications and services are now associated with the movement of goods from the material supplier to the manufacturer to the end customer.
And in today’s truly globalised Supply Chain, the importance of efficient logistics management and transportation optimisation is becoming all the more clear, because excellent communication and coordination is absolutely necessary as components and goods cross more and more borders than ever before. No longer can a company focus only on its own operations; long-term success is becoming increasingly dependent on the actions and decisions of enterprises both upstream and downstream.
The use of state-of-the-art information technologies has also revolutionised the way logistics and transportation activities are organised and conducted. Furthermore, transportation and logistics services have a vital role to play in making sustainability programmes possible and in helping companies meet their energy consumption goals. In fact, considerations about sustainability in the Supply Chain are playing an increasingly important role in the selection of suppliers and the awarding of contracts. Sustainability has become a business issue.
With GS1 Standards as the basis for their operations and services, transportation and logistics teams can standardize information and automate its collection leaving them more time to focus on how to use information rather than how to get information.
Concrete benefits can include improved efficiency, increased visibility of the flow of goods and shipments, more efficient handling and inventory management, increased security of distribution, faster operations and smoother exchanges with Customs and other Government agencies.
To realize the above, two workgroups have been created under the GS1 Logistics Forum with the following objectives:
Find more about GS1 Standards in the transportation and logistics sector