Definition: Internal logistic information refers to the data and details related to the internal operations and processes of a company, particularly those associated with the movement and storage of goods within the organization. This information includes data on inventory management, warehousing, material handling, packaging, and transportation within the company's premises. It is crucial for optimizing internal operations, improving efficiency, reducing costs, and enhancing overall business performance. In the context of information technology, internal logistic information is often managed and analyzed through specialized software systems to facilitate real-time tracking, data accuracy, and strategic decision-making.
Source: EIRA team
Additional information: Internal logistic information refers to the data and details related to the management of goods within an organization. It encompasses all the information necessary for the efficient planning, implementation, and control of the internal flow of goods, from the point of acquisition to the point of consumption. This includes details about the procurement, handling, storage, and distribution of materials and finished products within the organization.
The internal logistic information is a crucial component of an organization's information system, as it directly impacts the efficiency and effectiveness of the supply chain. It includes data about inventory levels, demand forecasts, production schedules, order statuses, transportation schedules, and warehouse capacity, among others. This information is used to make strategic decisions about inventory management, production planning, and distribution strategies.
In addition to supporting operational decisions, internal logistic information also plays a critical role in strategic planning. It provides insights into the organization's operational efficiency, supply chain performance, and customer service levels. This information can be used to identify bottlenecks, evaluate the effectiveness of current strategies, and develop plans for improvement.
The management of internal logistic information requires robust information systems that can collect, store, process, and distribute data in a timely and accurate manner. These systems must also be capable of integrating with other systems within the organization, such as procurement, production, sales, and finance, to ensure a seamless flow of information across different functions.
In the context of the digital transformation, the management of internal logistic information is becoming increasingly complex and challenging. Organizations are dealing with larger volumes of data, more complex supply chains, and higher customer expectations. Therefore, they are investing in advanced technologies, such as big data analytics, artificial intelligence, and blockchain, to improve the accuracy, speed, and reliability of their internal logistic information.
Example: 1. Inventory Management: Internal logistic information is crucial in inventory management. It helps in tracking the quantity of each item in the warehouse, when to reorder, and how much to reorder. For instance, a retail company in Europe can use this information to ensure they have enough stock to meet customer demand and avoid overstocking, which can lead to increased costs.
2. Supply Chain Management: In supply chain management, internal logistic information is used to plan, implement, and control the efficient flow of goods from the point of origin to the point of consumption. For example, a manufacturing company in Europe can use this information to ensure timely delivery of raw materials, reduce production downtime, and improve customer satisfaction.
3. Warehouse Management: Internal logistic information is also used in warehouse management to optimize the storage and movement of goods within a warehouse. For instance, a logistics company in Europe can use this information to improve warehouse layout, reduce retrieval times, and increase overall warehouse efficiency.
4. Transportation Management: In transportation management, internal logistic information is used to plan and control the movement of goods from one location to another. For example, a shipping company in Europe can use this information to optimize routes, reduce fuel consumption, and ensure timely delivery of goods.
5. Demand Forecasting: Internal logistic information can be used to predict future demand for products. This can help businesses in Europe to plan their production and inventory levels more accurately, reducing the risk of stockouts or overstocking.
6. Order Processing: Internal logistic information plays a key role in order processing. It helps in tracking orders from placement to delivery, ensuring that customers receive their orders on time. For instance, an e-commerce company in Europe can use this information to improve order accuracy and customer satisfaction.
7. Production Planning: In manufacturing, internal logistic information is used to plan and control the production process. For example, a car manufacturer in Europe can use this information to schedule production runs, manage resources, and reduce production costs.
LOST view: OV-Customs Functional Architecture Principles
Identifier: http://data.europa.eu/dr8/egovera/InternalLogisticInformationBusinessObject
EIRA traceability: eira:InformationBusinessObject
ABB name: egovera:InternalLogisticInformationBusinessObject
EIRA concept: eira:ArchitectureBuildingBlock
Last modification: 2023-08-08
dct:identifier: http://data.europa.eu/dr8/egovera/InternalLogisticInformationBusinessObject
dct:title: Internal logistic Information Information