GE Capital Fleet Services has introduced a telematics application that allows truck fleet managers to track assets such as trailers, forklifts and generators in real time.
The definition of transportation management systems (TMS) continues to evolve. In the early days of TMS solutions, the primary goal was to manage truck-based freight. Over time, point solutions were developed to support particular modes for particular industries such as ocean and airfreight.
Analyst Insight: There is a growing emphasis on the strategy and management of fleets in the U.S. due to regulatory changes, driver shortages, increased trucking costs and additional focus on customer service. To manage these challenges, companies must assess how best to leverage assets and design their networks to optimize their overall supply chain. – Aaron Pernat, Senior Manager, and Gary Allen, Executive Director, both of Ernst & Young LLP's Supply Chain Advisory Practice
Paradox Software Consulting, a provider of logistics software and consulting services, has released version 10.0 of its transportation optimization suite.
Cementing its role in the North American supply chain, the value of intermodal transport speaks for itself with another year of solid growth. Building on the industry's positive 2012 performance, total shipments improved 4.6 percent in 2013, according to the Intermodal Association of North America's (IANA) fourth quarter and year-end Intermodal Market Trends & Statistics. Domestic container volume "” which doubled over the past 10 years "” outperformed other markets in 2013, capping the year with a 9.4 percent bump, which was consistent with Q4 growth of this segment at 9.0 percent.
Product lifecycle management and line extensions are vital to companies operating in the high-tech industry, perhaps more so than any other industry. However, while many high-tech executives believe they are industry experts in regards to product innovation, confidence wanes in their ability to manage other parts of the product lifecycle, particularly when it comes to managing global product launches.
