Traffic Management
Traffic Management is the management and control of transportation modes, carriers, and services. This includes:
- planning,
- coordination,
- monitoring,
- and control through the use of effective methods such as traffic telematics systems for real-time decision-making.
Traffic Management also encompasses the management of traffic flow on highways to ensure adequate capacity in terms of road space and operating speed. Traffic Management is an important part of logistics because it ensures that goods are delivered efficiently and safely to their destination with minimal impact on other areas such as overall safety, environment, or economy.
Traffic Management is critical to ensuring a smooth supply chain process. It allows companies to stay competitive by minimizing costs associated with delays as well as optimizing the use of available transportation assets while meeting customer demands. As such, Traffic Management is a key component of supply chain optimization and cannot be overlooked. Through effective traffic management, companies can boost their efficiency, reduce costs, provide better customer service and increase competitiveness.
There are a number of methods that can be used to manage traffic efficiently, including the use of smart technologies such as telematics systems. Traffic telematics systems are real-time data acquisition systems that measure vehicle movement characteristics such as:
- position,
- speed,
- acceleration in order to generate insights into how transportation assets are being used.
With such information at hand, businesses are able to make informed decisions about how best to allocate vehicles or resources and optimize routes. In addition, they can also identify areas where they need to improve service or focus on increasing safety measures.