In logistics, the Physical Internet is an open global logistics system founded on physical, digital, and operational interconnectivity, through encapsulation, interfaces and protocols [1]. Logistics is the back of any industry and it is the backbone sustaining our lifestyle whether it is the real world or the digital world. For e.g. Container logistics is the backbone of globalization. Similarly, physical internet is the backbone of internet logistics. Its initiative manifesto is to transform the way in the physical objects are handled, moved, stored, realized and supplied over the internet, and the overall aim is to achieve global logistics efficiency and sustainability.
But we have to face a harsh fact that the way the physical objects are moved, stored and dealt with, throughout the world is economically, environmentally and socially inefficient and unsustainable. The result is that we are compromising ourselves in the economic (5-15% burden on GDP’s), environmental (growing negative contribution while we aim for reduction in greenhouse gas generators) and social (lack of fast, reliable and affordable accessibility and mobility) aspects. So the Global Logistics Challenge is to achieve efficiency and sustainability. Talking in terms of the Digital world, we had millions of unconnected computers and servers, which was inefficient and unsustainable. Now we have formed a ‘Information Superhighway’ which has allowed transmission of formatted data packets through heterogeneous equipment with TCP/IP protocol. So this report focuses on the Physical Internet Initiative, which aims to exploit the Internet metaphor to achieve breakthrough solution for the problems to supply and use physical objects around the world.
Exposing Key Featur...
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...r tackling the grand logistics sustainability challenge. It could act as a commitment towards open universal interconnection of logistic services and resources. But as it need co-operation among all the actors, it’s not an Utopia, not a Big-Bang, it must gather critical mass and should be able to exploit existing infrastructures and means, which would foster gradual innovation. Although a global phenomena, it still needs to grow in fertile domains and has to collaborate with key leaders from industry, government and academia. With this manifesto, a small effort has been made towards meeting the logistics efficiency and sustainability challenge but a lot more is needed to shape the vision.
References
1. http://en.wikipedia.org/wiki/Physical_Internet
2. http://physicalinternetinitiative.org/Physical%20Internet%20Manifesto%201.10.1_2012-04-05%20English%20BM.pdf
. Matthew D. Cox, “Virtual Library Logistics: Logistics Quotations,” “Logistics World”, September 4, 1999. Accessed February 21, 2014), http://www.logisticsworld.com/logistics/ quotations.htm.
. Matthew D. Cox, “Virtual Library Logistics: Logistics Quotations,” “Logistics World,” September 4, 1999. Accessed February 21, 2014), http://www.logisticsworld.com/logistics/ quotations.htm.
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Our Logistics unit is driving for synergistic growth, developing and securing its links to Container Shipping
Networking is a multi-billion dollar global market whose growth is spurred by the belief that the Internet is changing the way we work, live, play, and learn. Over the last year, there has been a key shift in the role of the Internet and in how the Internet is perceived. What was once a fairly complex tool used by an elite group of highly technical individuals is now a technology driving economic change globally by creating new jobs and market opportunities.
world, the world’s largest online retailer, the largest Web-hosting company in the world, the most serious competitor to Netflix in streaming video, the fourth-most-popular tablet maker, and a sprawling international network of fulfillment centers for merchants around the world. (para 4) This paper explores the technology that has made these achievements possible.
Kemppainen, K. and Vepsalainen, A.P. (2003), “Trends in industrial supply chains and networks”, International Journal of Physical Distribution & Logistics Management, Vol. 33 No. 8, pp. 701-20.
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Zanjirani F., Rezapour, S. & Kardar, L. (2011) Logistics operations and management concepts and models, 1st ed. London ; Elsevier.
Coyle, J., Langley, C., Gibson, B., Novack, R. and Bardi, E. (2008).Supply Chain Management: A Logistics Perspective. 8th ed. Cengage Learning, p.366.
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As an outcome of the thesis, my professional interest on the issue associated with the development of logistics sector has been enhanced. Furthermore, I am planning to keep an eye on the sector to enhance my knowledge which will benefit me and the organization I work for.
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