The Value of Collaborative Transportation Management (CTM): Its Relationship to CPFR and Information Technology
Of current importance to the fields of transportation, logistics, and supply chain management is the concept of Supply Chain Collaboration. One of the primary processes associated with Supply Chain Collaboration is Collaborative Planning, Forecasting and Replenishment (CPFR). However, a relatively n...
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Published in | Transportation journal Vol. 42; no. 4; pp. 55 - 65 |
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Main Authors | , |
Format | Journal Article |
Language | English |
Published |
Lock Haven, PA
The American Society of Traffic and Logistics
01.07.2003
American Society of Transportation and Logistics Pennsylvania State University Press |
Subjects | |
Online Access | Get full text |
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Summary: | Of current importance to the fields of transportation, logistics, and supply chain management is the concept of Supply Chain Collaboration. One of the primary processes associated with Supply Chain Collaboration is Collaborative Planning, Forecasting and Replenishment (CPFR). However, a relatively new extension of CPFR can be found in Collaborative Transportation Management (CTM). CTM involves converting order forecasts developed via CPFR into shipment forecasts, and collaboratively insuring their accurate fulfillment. This article explores the concept of CTM, and specifically discusses the role of information technology in CTM processes, as well as its subjective and quantifiable benefits. A descriptive case study of a third-party CTM systems provider is employed to investigate the processes and benefits of CTM. Additionally, opportunities for future research on CTM are suggested. |
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ISSN: | 0041-1612 2157-328X |