Road transport and traffic agency, Austroads, has released its findings from a review into end-to-end visibility across Australia’s supply chain network.
According to Austroads’ study, ‘Research Report AP-R538-17 – Investigating the potential benefits of enhanced end to end supply chain visibility’, was produced in collaboration with GS1 Australia, the Australian Logistics Council (ALC) Supply Chain Standards Working Group and the Institute for Supply Chain and Logistics.
The Federal Government welcomed the findings, with Minister for Infrastructure and Transport, Darren Chester, saying the Report was in line with the Government’s commitment to develop a comprehensive national freight and supply chain strategy.
“Improving the ability of businesses to keep track of freight from the time an item leaves the farm or factory gate until it is delivered, is crucial to improving the operational efficiency of supply chains in Australia,” he said.
During the course of preparing the Report, several major pilot studies examined the effect of adoption of ‘visibility’ technologies using Global Data Standards (GDS) on the ability to track freight along a supply chain.
“Austroads’ pilot studies showed that larger transport businesses which have adopted GDS-based technologies effectively build a capability to create connectivity and improve visibility throughout their supply chains,” Chester said.
“This may increase costs over the short-term for smaller transport operators given the complexities of adopting the new GDS-based technologies, but those same operators will definitely see the benefits over the long term.”
The Report was launched at last week’s ALC Forum 2017 in Melbourne in front of more than 250 senior industry and government leaders that included ALC Managing Director, Michael Kilgariff, and GS1 Australia’s Senior Manager – Trade, Transport & Heavy Industry, Bonnie Ryan.
“This study shows that there are strong economic benefits where we can improve supply chain visibility, Kilgariff said. “Industry should now work towards implementing greater supply chain visibility standards to the benefit of consumers.”