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What advantages does technology bring to the logistics industry? – Milestone Logistics

It is no secret that logistics is one of the sectors that most conditions the competitiveness of a country due to the direct impact on exports and domestic consumption. Its activity also has an influence on Spanish economic policy, where it generates 800,000 direct jobs and contributes to 7% of GDP. In Europe it generates 10% of GDP and accounts for around 11,000,000 jobs. This, among others, is the reason why, in recent years, measures are being taken to strengthen it.

To achieve this goal, the sector is strongly committed to technology and business management tools, which help improve market efficiency. At Milestone Logistics we know the importance of technological advances in the logistics industry, especially in quality control and shipment safety. The integration of technological systems and applications allows companies to manage, more efficiently, product flows and related information by facilitating the ‘visibility’ of supply chain processes and the exchange of data among all its members.

Some of the tools that facilitate the technological development of the logistics sector are: the use of S&OP and CPFR systems that provide real customer information, clarifying demand forecasts with high accuracy (these methodologies allow, for example, to share demand information, make a collaborative forecasting of demand (collaborative forecasting), consult inventories managed by suppliers (VMI),etc); the use of wireless technology and hands-free equipment, especially in the management of prices, inventory, order changes or sales on the street, allowing direct connection, and in real time, with the flow of the supply chain; or the use of integrated management systems (ERP) and radio frequency identification (RFID) systems that are considered indispensable for their multiple benefits (visibility in the supply chain, Electronic Product Code (EPC), information exchange, configuration and design of products, customer relationship management, among other collaborative practices).

In the field of perishable transport, the use of technology (for example, RFID) has made it possible to improve the traceability of the food chain, complying with the mandatory regulations established by organizations, such as the European Union, responsible for regulating these procedures. Thus, through monitoring and strict temperature control, it is avoided to break the cold chain that guarantees the quality transport for fresh products.

It is worth mentioning the Cloud Computing technology that allows you to find in “the cloud” multiple tools that facilitate logistics planning. Benefits that, above all, have been used to improve ERP (Enterprise Resource Planning) business management software. [:en] It’s not a secret that logistics is one of the sectors that determines the competitiveness of a country by the direct impact on exports and domestic consumption. Its activity also influences the Spanish economic policy, which generates 800,000 direct jobs and represents 7% of GDP. In Europe it generates 10% of GDP and means about 11,000,000 jobs. This, among others, is the reason why, in the last years, they’re taking initiatives to strength it.

To achieve this goal, the sector is heavily betting in technology and business management tools, which help to improve market’s efficiency. Milestone Logistics knows the importance of technological advances in the industry, particularly in quality control and shipments’ security. Systems integration and technological applications allows companies to manage, more efficiently, the product’s flows and its related information to facilitate the ‘visibility’ of the supply chain’s processes and the exchange of data between its members.

Some of the tools that facilitate the technological development of the logistics sector are: the use of S&OP and CPFR systems that make easier the actual customer information, clarifying forecasts demand with high accuracy (these methodologies allow, for example, sharing demand’s information, perform a collaborative forecasting demand, take advice of vendors (providers) managed inventory (VMI),etc); the use of wireless technology and handsfree (handhelds), especially in price management, inventory, changed orders or sales in the street, allowing direct connection, in real time, with the supply chain’s flow; or use of integrated management systems (ERP) and radio frequency identification systems (RFID) which are considered necessary for their multiple benefits (visibility in the supply chain, Electronic Product Code (EPC), information sharing, product design, customer relationship management, and other collaborative practices).

In the field of transport of perishable goods, the use of technology (for example, RFID) has improved food chain traceability, according to the mandatory regulations established by organizations, such as the European Union, responsible of regulating these procedures. Thus, by strict control of temperature, prevents breaking the cold chain that guarantees quality transportation for fresh products.

Highlight that the Cloud Computing technology allows to find multiple tools in “the cloud” that facilitate logistics planning. Some benefits that have been used especially to improve the business management software ERP (Enterprise Resource Planning). [:]

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