The advances in technology such as EDI, RFID
Discuss the advances in technology such as EDI, RFID, and the Internet within the intermodal industry as well as how these technologies are beneficial to retail customers using intermodal transportation to get their product to market. Give sources to back up your position.
Sample Answer
The intermodal transportation industry has significantly benefited from technological advancements, particularly in the areas of Electronic Data Interchange (EDI), Radio Frequency Identification (RFID), and the Internet. These technologies have streamlined operations, improved efficiency, and enhanced visibility throughout the supply chain, ultimately benefiting retail customers.
Electronic Data Interchange (EDI)
EDI is a system that allows businesses to exchange documents electronically. In the intermodal industry, EDI has revolutionized the way companies communicate and share information, such as purchase orders, shipping notices, and invoices. By automating these processes, EDI reduces paperwork, minimizes errors, and accelerates the flow of goods.