| |January 20188CIOReview IN MY OPINIONTransport Management Systems: The Digital WayBy Anil Jain, Industry Group Head - Manufacturing & Consumer Goods, Happiest Minds Technologies Private LimitedAnil Jain is Industry Group Head for Manufacturing and Consumer Goods and has over 20+ years of experience. Anil is adept in engaging with customer in roadmap creation and value realization in Digital Manufacturing and Supply chain.upply chain Management is on a cusp of major change due to business drivers like real time visibility, continuous reduction of supply chain cost, increased competition, collaboration across market and industries, regulatory and compliance needs, robust and responsive supply chain to service dynamic industry needs /shorter life spans and new business models.Transport Management system is a major component of the supply chain management for almost all major industries. There is an industrywide drive to have ad-vanced and optimized transport management systems for operational and cost reasons. Freight contributes a significant portion of the supply chain management cost, and thus reducing freight costs continues to be the prime motivation for companies investing in a transpor-tation management system. Other important KPIs in-clude capacity utilization and increase in freight efficien-cy. The advent of new digital technologies has helped manufacturers & logistics service provider achieve the above goals.Conventionally, the transport management system has been confined to IT applications, assisting the or-ganizational logistics processes. However, with digi-talization in logistics space, there are break-through technology innovations which have brought in digital physical collaboration in transportation management. The disruptive technologies including IoT, predictive analytics, Augmented & virtual reality and wearables play a key role in the new age smart transportation management systems. Let us have a quick look on the evolving digital technology arena for the transportation management system. Connected Logistics: Connected logistics is a concept of connecting various stakeholders involved in the logistics operations, viz, ve-hicle, driver, operators, manufacturers, government and business. Fleet telematics is a key technology enabler supporting this connectivity. Fleet telematics and the driver assistance systems are not new to connected logis-tics. Telematics has initiated the evolution of the smart transportation and it lays the foundation for the autono-mous vehicles. Telematics for the logistics provider has created value by increasing operational efficiency and re-ducing operational downtime. Next gen telematics needs to move beyond fleet management point solutions and integrate to the broader enterprise fabric to enable end to S
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