Effects of information technology investments on the efficiency of logistic processes

The output of logistics is performed by the appropriate and proportional use of material and information flows. Important issue is to determine the proper equilibrium between the resources devoted to the two main system elements. The necessity of continuous improvement of informatics and logistic flows is not questionable since the efficiency of logistics control systems can be increased by reducing the time gap between the time of gaining the data and use of information for planning purposes. In different logistics subsystems the role and importance of time gaps differ. Having generally overviewed the subsystems the papers introduce the efficiency of informatics based on Cobb-Douglas production function in order to spot the elements of logistics where the reduction of time gap is of economic interest, that is under what conditions can the IT developments and investment be efficient. Finally a draft framework is described as a general solution that can use informatic means in order to increase road transport system capacity usage. For the covering abstract see ITRD E140665.

  • Authors:
    • ORBAN, G
  • Publication Date: 2007

Language

  • English

Media Info

Subject/Index Terms

Filing Info

  • Accession Number: 01155245
  • Record Type: Publication
  • Source Agency: Transport Research Laboratory
  • Files: ITRD
  • Created Date: Apr 23 2010 10:58AM