Integrated logistics is a unique business management process that governs the flow of materials, information and goods from the purpose of origin to the purpose of arrival, during which all management activities are interconnected and interdependent.
Logistics technologies like a robotic warehouse systems make automation a reality, and drones improve delivery capabilities with better tracking with tools using RFID tags improve visibility in the supply chain. It contributes to a rise in the big data and analytics in the logistics field by generate and transmit data combined with other data sources, helping companies to optimize making better predictions and forecasts to improve efficiency, optimizing production costs and times, improving quality.
Integration of WMS and TMS Technologies
WMS and TMS are software applications which may be operated alone. TMS may be a logistics platform that allows users to manage, and therefore, the daily operations of their transportation fleets and WMS to support and manage the warehouse functionality. To make sure on-time delivery of products, the goal is to integrate TMS and WMS.
With the right integration of both technology system contains TMS and WMS, it’ll gain better share data, better communication and network visibility. The benefit includes real-time inventory, better shipping and receiving cycle times, improve shipment, and inventory accuracy and minimize lead-time variability.