A Quote by John Murphy
The TMS is evolving into a logistics platform that can handle all nodes, all geographies and all transportation nodes. It's already talking to other applications in the supply chain, like warehouse management, order management and ERP systems. By adding underlying algorithms, a TMS can now understand the relationship between the cost of inventory and the cost of transportation and come up with an optimal solution to answer those questions.
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In evaluating potential vendors, accurately estimating total cost of ownership is critical. Yet, this is often an area where companies don't put the right amount of effort. This tool can help those looking at Warehouse Management Systems get their arms around this key issue.
When we talk about 'smart transportation,' it is more than moving cargo from A to B. Digitization within transport and logistics means seamless service to our customers, visibility in the supply chain, and driving a more efficient business.
When you have a transportation system that the price of propellant is essentially negligible something is very wrong. If you look at any other transportation system, a car, a motorcycle, a train, an oil tanker, an airliner, you name it; about a quarter to a third of the operating cost is buying the propellant.
The growth of race relations management, diversity training and 'promoting good relations' has come at a cost. We are more sensitized to racism, yet far less confident in talking to each other as human beings with similar hopes, problems and aspirations.
The solution to transportation inefficiencies lies at the intersection of collaborative consumption and the social graph: Shifting transportation from ownership to access.
I think there are probably too many asset management companies in the world, and I think the place to be is either big or small. The area where it is probably more difficult to be is in the middle ground, where you've got that cost of regulation, you've got the cost of buying your own research, you've got all the costs of running an asset management company without the benefits of a big income producing asset.
When we talk about a city's cost of living, we don't mean food, transportation, or clothing, which cost about the same everywhere. We mean housing.
What's unique about transportation is that it's the one function that repeats itself throughout the supply chain.
I'm involved in everything from highly progressive lighting systems to airline interiors. In the field of transportation I can go from the micro to the macro: architecture, transportation, industrial product design, right across the board. It's Russian dollism, because they all interrelate: one goes into the other.
Take information technology. We have winners implementing CRM (customer relationship management systems) and losers implementing CRM. What mattered in technology is that the technology actually drives either cost reduction or superior strategy execution.
And having thoughtlessly polluted our streams and rivers, we have seen in recent years a rapidly growing market for bottled drinking water. I am sure that some will say that a rapidly growing market for water is "good for the economy," and most of us are still affluent enough to pay the cost. Nevertheless, it is a considerable cost that we are now paying for drinkable water, which we once had in plentiful supply at little cost or none at all. And the increasing of the cost suggests that the time may come when the cost will be unaffordable.
Only now did I recognize the reciprocal relationship which exits between manufacturing power and the national system of transportation, and that the one can never develop to its fullest without the other.
Only now did I recognize the reciprocal relationship which exists between manufacturing power and the national system of transportation, and that the one can never develop to its fullest without the other.
Organizationally what is required - and evolving - is systems management.
If we drive down the cost of transportation in space, we can do great things.
Europe embraces new ideas in transportation like no other region in the world and is uniquely positioned to take the next great leap in transportation with Hyperloop One.
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