Few Steps for Logistics Planning

The logistics have become an integral part of business of all size. Logistic planning is one of the tough things, especially for the beginner logistic provider. In this article, we will provide some valuable information about logistics planning. First, you should do the research about freight shippers. Selecting a good freight shipper service is a main aspect of logistic planning. The quality of freight shipper can decide the cost, efficiency, promptness, etc. After you have understood the pricing and dynamics of the freight shipping company, you have to devise plan and strategy that can help to achieve best results at low cost. Since you have researched about the freight shipping company, you can create a strategy based on your findings. With strategy and plans, you would be able to negotiate better and get services at relatively lesser cost. Additionally, it can also help you to thwart claims and accountability due the damages caused by the freight shipping company. The next part of planning is execution and processing. Nowadays, big and reputable logistic provider uses Transportation Management System. Using this system, the logistic provider can cut down the time involved in various managing task like entering the data, addresses and number of the freight shipment.

Also to above-mentioned planning methods, the logistic provider should also be able to be a good decision maker. You should take the right decision on the right and stand by the decision at any circumstance. Additionally, good marketing is also necessary for a logistic provider to attract clients. With the above-discussed ideas, it would be easy to increase the chance of success of your logistic service.

Logistics and Transportation – 5 Facts That You Must Know

If you have read business or industry magazines, then you would have surely come across these terms – logistics and transportation. For those, who do not know what these terms actually refer – Logistics is nothing but a cost-efficient process for devising, executing and supervising the effective movement of goods from one point to another. There, the transportation is defined as the movement of people or items from one place to another. Transportation and logistics have become an important aspect of business and industry these days. Now let us look into some of the facts about transportation and logistics industry that you would find interesting.

The logistics and transportation industry has so far created six sectors of industry, and they are rail, road transportation, aviation, warehousing, maritime and storage services. This is one of the biggest industries in the world. Another interesting fact is that U.S economy relies on trucks for 70% of the shipped goods that accounts to $671 billion.

There are nearly 3.5 millions of truck drivers involved in moving freight. It means one in fifteen people in the U.S are working in the transportation industry. Shippers who collaborate with outsourced logistics companies report 13% of cost reduction in average.

88% of shippers and 94% of 3PLs conclude that the exchange of information, adaptability and open-mindedness are the crucial factors that help to turn them very successful. There are also many fun and interesting facts about the transportation industry. If you want to read all the fun facts, simply browse the Internet.