Assessing the Impact of Information and Communication Technology (ICT) On the Performance of Freight Distribution (Published)
The application and development of Information and Communication Technologies (ICT) have already had significant effects on many industries, especially in the field of freight distribution. This paper examines the impact of ICT on the performance of freight distribution in terms of supply chain, logistics and fleet management. A survey was conducted to 77 ICT users from 22 companies consisting of 6 manufacturers, 5 third part logistics, 4 freight forwarders, 5 warehouse operators, 8 wholesalers and retailers. A descriptive statistical analysis was used to analysis the data obtained. One of the major findings of the research is the impact level of ICT use by Freight industries in Lagos and Ogun State which falls into moderate impact on their performance as majority of them only use the low technology for information gathering. It was discovered that the major barrier to use of ICT is the acquisition cost. Government needs to promote a sharing of knowledge about the use and the role of ICT in logistics with logistics firms by facilitating a demonstration of technology solution and expand innovative public and private financing methods in generating finance and building skills for the development of ICT capacity
Keywords: 3PLs, 4PL, Freight, Globalization, ICT, Internet, Logistics, infomediary
Assessing the Impact of Information and Communication Technology (ICT) On the Performance of Freight Distribution (Published)
The application and development of Information and Communication Technologies (ICT) have already had significant effects on many industries, especially in the field of freight distribution. This paper examines the impact of ICT on the performance of freight distribution in terms of supply chain, logistics and fleet management. A survey was conducted to 77 ICT users from 22 companies consisting of 6 manufacturers, 5 third part logistics, 4 freight forwarders, 5 warehouse operators, 8 wholesalers and retailers. A descriptive statistical analysis was used to analysis the data obtained. One of the major findings of the research is the impact level of ICT use by Freight industries in Lagos and Ogun State which falls into moderate impact on their performance as majority of them only use the low technology for information gathering. It was discovered that the major barrier to use of ICT is the acquisition cost. Government needs to promote a sharing of knowledge about the use and the role of ICT in logistics with logistics firms by facilitating a demonstration of technology solution and expand innovative public and private financing methods in generating finance and building skills for the development of ICT capacity
Keywords: 3PLs, 4PL, Freight, Globalization, ICT, Internet, Logistics, infomediary
THE IMPACT OF INFORMATION COMMUNICATION TECHNOLOGY ON INVENTORY CONTROL SYSTEMS IN TRANSPORT ORGANIZATION: A CASE STUDY OF KENYA FERRY SERVICES (Published)
With the increasing focus in enhancing supply management chain through use of the rapid development of Information and Communication Technology, businesses are seeking to develop and organize strategic, efficient and world-wide inventory control system for its use. In order to promote such global inventory control system, which are also compatible with sustainability objectives, organizations need to develop and implement effective systems both individually and collectively. This has resulted to Modern inventory control as a result of improved technology being one of the most strategic initiative embraced by organization in partnering initiatives for encouraging collaboration and information sharing among trading partners (Angulo, 2007). The main objective of the study was to investigate the impact of technology on inventory control systems in Kenya ferry services. The study adopted a descriptive research with survey of a total of 220 and applied a stratified random sampling technique to select a sample size of 60 respondents. Questionnaires were used as the main data collection Descriptive statistics analysis method was to analyze the gathered data. The study concluded that technology has had bigger impact on inventory control in terms of efficiency, ease of accessing information and accuracy thereby affecting organizational performance. The study recommends that modern inventory control systems should be well implemented since it forms a platform for ease of evaluating risk in which the organization invest a lot of money in purchasing of inventory. Additionally the study recommends that organization should integrate all its inventory management functions with information communication technology as well.
Keywords: Efficiency, ICT, Integration, Inventory., Procurement, Supplier