Logistics Software Aims At Inventory, International Trade Management
G-Log's GC3 version 4.5 helps companies determine when to opt for less-than-full shipment loads.
Global Logistics Technologies Inc. has updated its Global Command and Control Center (GC3) logistics and transportation software, adding features to support inventory and international trade management.
Version 4.5 lets companies have a networkwide view of all inventory in the supply chain, and adds algorithms that let executives weigh on-hand inventory against transportation costs, to determine whether it's more efficient and prudent to operate for a period with lower inventory than it is to incur the higher costs of obtaining transport for a less-than-full truckload of items.
The software, which provides a single platform for the planning and executing the movement of goods across the supply chain, also includes support for multiple currencies, languages, and geographies. Additionally, the latest version provides documentation monitoring and workflow management to speed shipments across borders.
"International logistics is the least sophisticated," says John Murphy, G-Log's director of product marketing, "because third-party logistics companies use a lot of people, paper, and documents."
Building A Mobile Business MindsetAmong 688 respondents, 46% have deployed mobile apps, with an additional 24% planning to in the next year. Soon all apps will look like mobile apps – and it's past time for those with no plans to get cracking.
InformationWeek Tech Digest, Nov. 10, 2014Just 30% of respondents to our new survey say their companies are very or extremely effective at identifying critical data and analyzing it to make decisions, down from 42% in 2013. What gives?