Information technology and data are increasingly essential to modern business operations. The increasing digitalisation of supply chain processes and freight consignment information offers further opportunities to increase the efficiency and productivity of Australian freight supply chains.
For industry, increasing digitalisation can improve visibility of freight consignments and interoperability between supply chain partners, and aid industry in responding to supply chain delays, bottlenecks or errors – and thereby improve overall freight industry efficiency and productivity. For governments and transport planning agencies, the increasing digitalisation of freight supply chain information can potentially provide more timely strategic-level information to help inform planning and investment, and at less cost.
In 2019-20, the Australian Government, in cooperation with iMOVE and selected industry partners, undertook an initial round of Freight Data Exchange pilot projects to investigate, develop and demonstrate the capability for supply chain partners to share freight consignment information in real time and also assess the feasibility of aggregating freight consignment event/message data to produce aggregate outputs that help inform infrastructure planning and policy priorities.
This report briefly outlines some of the key outcomes of the three projects and suggests directions for further work.
The report was produced in collaboration between BITRE and iMOVE Australia, and with the support and assistance of participating industry partners.