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Here, Terminal Management Systems comes into play. It alone is a huge market worth $852.94 Million in 2019 and estimated to surpass $ 1285.15 Million by 2027, growing at a whopping CAGR of 5.67%. There is great demand for Terminal Management Systems or Terminal Operating Systems in India and abroad.
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Terminal Operating Systems: The Gamechanger in Supply Chain Management India is aiming at becoming a $5 Trillion economy by the year 2026–27. There is an upsurge in every sector including infrastructure, IT, manufacturing, pharmaceuticals, aviation, defence, agriculture etc. Increasing global trade especially export is one of the factors for India to achieve its target within the predefined time frame. Efforts are made to strengthen the Supply Chains with updated technologies, ample investments & research. With mammoth Supply Chains working tirelessly, there is a great need for efficient Terminal Management (Port terminals, Rail terminals, passenger terminals etc).
In layman’s language, a terminal in logistics can be defined as a location or point which serves as gateways for handling transport processes such as loading or unloading cargo, temporary storage or passage of transfer for passengers. Terminal Management is a major portion of the Supply Chain. A well-organised terminal makes the supply chain run smoothly making it less cumbersome and highly cost-effective. Here, Terminal Management Systems comes into play. It alone is a huge market worth $852.94 Million in 2019 and estimated to surpass $ 1285.15 Million by 2027, growing at a whopping CAGR of 5.67%.
There is great demand for Terminal Management Systems or Terminal Operating Systems in India and abroad. Terminal Management System (TMS) or Terminal Operating System (TOS) are the software that monitors many activities in and around the entire terminal port to optimise the potential and ensure proper use of space, resources, machineries and manpower. This sophisticated software keeps a track of complex logistics involving cargo ships, freight trains, trucks, cranes, different types of materials and terminal workers. TOS automates countless functions such as managing the loading and unloading of containers, cargo ships and trucks.
It schedules deliveries, optimises space, storage and tracks the movement of containers and gives real-time information about all the activities at the terminal. TOS can easily be integrated with other software such as SAP, ERP and Accounting software. TOS collects the data and uses it for making data-driven decisions to avoid unnecessary delays, mishandling, mismanagement or accidents. A good Terminal Management System is characterised by many parameters or Key Performance Indicators (KPIs). A few of them are as follows:
Use of Updated Technologies: Today’s container ports are very busy with complicated operations happening all around. Loading and unloading at the berth end, storage and stacking at the yard and inflow & outflow of the trucks carrying cargo containers at the gates. Along with it, several other operations are going on in the terminal. Management of space, manpower and resources is a challenge along with managing the inventory, cash flow, billing maintenance of the machinery etc. An ideal Terminal Operating System has to manage the entire terminal activities and give real-time information to the operators. For this, it has to be updated with the latest technologies like the Internet of Things, Big Data, Artificial Intelligence and Cloud computing to increase the safety, sustainability and cost-efficiency of the container terminal port. • The efficiency with sustainability: Terminal operations are a complex process. Thousands of cargo containers are loaded, unloaded, moved and stored each hour. Many processes are happening in an unsynchronised and fragmented manner causing bottlenecking, delays, mismanagement, mishandling, time wastage, fuel wastage and even accidents.
The basic task of a Terminal Management System is to synchronise the operations and harmonise different operations happening at the terminal continuously. This will reduce the delays by eliminating bottlenecks. Managing the flow of trucks carrying containers by giving necessary inputs like direction, speed, time etc. This will further help in reducing time wastage and fuel wastage thus lowering the emission of harmful greenhouse gases. • Accuracy:One of the most important KPIs of a Terminal Management System is its Accuracy. There are numerous operations taking place simultaneously at the terminal. It involves loading and unloading containers in and from vessels at the berth end of the port.
These containers are kept in the yard for further transportation. Managing trucks, cranes, uploaders, and manpower is a Herculean task. Terminal Management Systems use advanced technologies like AI, IoT, Blockchain etc. to manage all the operation and ensure it runs smoothly and without errors. However, there is an immense need for a high level of accuracy to perform such intricate tasks. An ideal TOS must have great precision to perform all the activities in a real-time and timely manner. • Security:Another KPI for efficient Terminal Operating Systems is its Security. Terminal management of a large portion of the supply chain management. It is operating on a very large scale and has huge money involved in it. It also involved data sharing and coordinating with the smaller allied systems. This may cause a data breach or cyberattacks because of the huge capital involved in the operations.
An efficient TOS needs to have a security system to protect against the potential threats of a data breach or cyberattack. • Ease of use:Terminal Management is a tedious process because it involves countless operations. Terminal Management Systems ease the process by automating many processes, decreasing human interference, avoiding errors etc. by using modern technologies like Artificial Intelligence, Blockchain, Information Technology etc. to give real-time information to the managers and operators. These end-users need to manage and make decisions depending on the data provided or past experience. These decisions must be communicated back to the systems.
Hence the TOS must be easy to interpret and use. A good TOS must be user-friendly. • Real-time KPIs monitoring:The efficiency of a port terminal is measured by numerous key performance indicators such as Voyage productivity, Container dwell time, Reefer dwell time, Container traffic, Truck visit time, Number of gate moves etc. These KPIs help determine the functioning, efficiency, working, idle time, downtime, movements of cargo, maintenance status etc. An ideal TOS must monitor all the KPIs and give real-time feedback on the same.
Conclusion: Terminal Operating Systems are an integral part of terminal management and in turn Supply Chain Management. With exponential growth in global trade, logistics has increased manifold. International shipping, especially sea trade is increasing too. Thus, there is a great demand for an updated, efficient, secure and user-friendly TOS.
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