Better freight location and performance data

Problem

There is a lack of available information and data to measure, monitor and evaluate supply chain performance. Insufficient information or visibility across the supply chain is exacerbated by data inconsistency across jurisdictions and an absence of appropriate data sharing frameworks.

Without resources to assess supply chain performance, governments and industry are unable to optimise decisions about infrastructure investment needs, freight operations, and community amenity.

By improving the availability, consistency and security of freight location and performance data, we can improve freight operations, make better investment decisions and monitor and evaluate freight performance.

Outcomes we want to achieve

• A national approach to data consistency across jurisdictions
• Freight performance benchmarks and indicators established
• Decision-makers having relevant information in a timely manner
• Information improves decision-making about infrastructure investment needs, areas of reform, freight operations and community amenity.

These outcomes will be achieved through one priority action.

Action

4.1: Develop an evidence-based view of key freight flows and supply chains and their comparative performance to drive improved government and industry decision-making, investment and operations

Action 4.1

Develop an evidence-based view of key freight flows and supply chains and their comparative performance to drive improved government and industry decision-making, investment and operations

Why we need action

The measurement of supply chain and network performance is critical to monitoring domestic and global competitiveness over time. This information will identify areas where action is required to maintain and improve Strategy outcomes. Improving our capacity to collect, host, analyse and share freight data will drive improved forecasting and modelling, and improving freight planning, investment and operational decision-making.

Linkages: The success of Action 4.1 will be reliant on the adoption of global data standards in Action 2.1.

Where we want to be by 2024

To provide better freight location and performance data that enables decision-makers to have planning, investment,operations and reform information in a timely manner, we aim for:

• Improved freight data collection, sharing and analysis practices to enable industry and government freight sector participants to make better informed operational, planning and investment decisions
• Performance benchmarking of Australia’s key import and export supply chains against international competitors to identify best practices and areas requiring reform
• Appropriate and fit-for-purpose approaches to data collection and use by emerging transport technologies, including connected and automated vehicles
• Consistent and regular data is made available to enable forecasting of freight movements and demand with high degrees of certainty.