// ROBOTICS AND SMART FACTORIES TERM
Transit Time
The total time it takes for goods to travel from their origin to their destination.
TECHNICAL DEFINITION
Transit time is the duration required for a shipment or goods to be transported from its point of origin to its final destination, encompassing loading, travel, and unloading, a critical metric for logistics planning, inventory management, and customer service in the supply chain.
BACKGROUND
The Rapid Transit Series (RTS) city bus is a long-running series of transit buses that was originally manufactured by GMC Truck and Coach Division during 1977, in Pontiac, Michigan. First produced in 1977, the RTS was GMC's offering of an Advanced Design Bus design and is the descendant of GMC's prototype for the U.S. Department of Transportation's Transbus project. The RTS is notable for its then-futuristic styling featuring automobile-like curved body and window panels; the Advanced Design Buses were meant to be an interim solution between the high-floor transit buses that preceded them, such as the GMC New Look, and modern low-floor buses that would facilitate passenger boarding and accessibility. Most current buses are now made by specialized coach manufacturers with flat sides and windows.
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- Lead Time
- Delivery Time
- Shipping Duration
- Travel Time
USAGE NOTE
Reducing transit time can significantly improve supply chain efficiency and customer satisfaction.
DEVELOPERS
Organizations developing technology related to Transit Time.
Offers comprehensive Enterprise Resource Planning (ERP) and Supply Chain Management (SCM) solutions that include advanced planning and scheduling, transportation management, and warehouse management, all aimed at optimizing material flow and reducing transit times in manufacturing and logistics.
Develops digital twin technology, industrial IoT solutions, and automation software that allows manufacturers to simulate, monitor, and optimize production processes and logistics, thereby significantly impacting and reducing transit times.
A leader in supply chain planning and execution, providing solutions for transportation management, warehouse management, and inventory optimization that directly address transit time challenges by improving visibility and efficiency.
Provides concurrent planning platforms that help companies synchronize their supply chains, optimize inventory, and improve delivery performance, directly influencing transit times through better forecasting, scheduling, and risk mitigation.
Develops autonomous mobile robots (AMRs) for warehouse automation. These robots significantly speed up picking, transport, and sorting processes within fulfillment centers and factories, directly reducing internal transit times.
Offers a suite of cloud-based Supply Chain Management (SCM) and Enterprise Resource Planning (ERP) solutions, including transportation management, which helps businesses plan, execute, and optimize the movement of goods, thereby effectively managing transit times.
Provides industrial automation and information solutions, including manufacturing execution systems (MES) and control systems that help optimize production lines and material handling, reducing internal transit times and improving overall operational efficiency.
Develops a range of automation solutions, including warehouse automation, mobile computing, and sensing technologies, which improve efficiency in logistics and manufacturing operations, thereby contributing to reduced transit times for materials and finished goods.