United States Department of Transportation
i
Electronic Freight Management: Providing Supply Chain Visibility for All
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2009-01-01
[PDF-11.96 MB]
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Abstract:Accurate, visible information provides supply chain partners with the actionable intelligence they need to improve operational efficiency and increase responsiveness in a fast-paced global business environment. Without this information, supply chain partners can face delayed shipments, disrupted assembly lines, congested cargo transfer points, and stressed inventories. Many large firms use logistics software and electronic data exchange to standardize data flows, but small to medium-sized firms often do not because of the high implementation cost and technical expertise required to use effectively the software and standards. The Electronic Freight Management (EFM) initiative offers in-transit visibility to all supply chain owners, from large to small; it was specifically designed to provide a positive return on investment (ROI) for small and mid-sized supply chain partners. All supply chain partners can use EFM - from shippers to third party logistics providers (3PL) to customs brokers - creating a truly integrated, "shared view" of the status of shipments across the globe and helping to increase the competitiveness and the effectiveness of the supply chain.
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