Courses in Supply Chain Management and Logistics

Jul 14 2020 Published by under Uncategorized

One realises the importance of logistics only after knowing what it means to your business when delayed deliveries of raw materials result in frequent downtime and the consequent loss of production. It is the same case when your customers start complaining that their ordered goods do not reach them as promised.

Regardless of whether you are a buyer or a seller, your interest is in delivery of your order and not in the promises made to you. A seller is worth as much as his/her uninterrupted procedures and delivering as promised.

If you have to deliver quality service, you need to know the industry norms, which is easy if you undergo a professional logistics course. While there are many courses in supply chain management and logistics available online as well as regular MBA in logistics, it is imperative that you do the right course from a reputable business school.

If you aspire for a career as a logistics manager in a manufacturing organization or a third party logistics provider, you may try a postgraduate college that offers regular MBA (Logistics). If you have a job or own a business that involves a fair amount of shipping, you may opt for a general course such as a weekend MBA logistics course.

There are immense opportunities in the field of supply chain management. Logistics is a fast growing industry. Practically every business needs to manage logistics, for which purpose it either hires a logistics manager or outsource it to a service provider. If you do a postgraduate logistics course, you can expect to get job in any of the manufacturing or retailing companies or with a service provider. If you have the entrepreneurial spirit in you, you may even pursue a career in operational management or become a logistics service provider yourself.

The fact is that efficient logistics add value to an organization. If you have any doubts, then you may want to know why logistics is rated so high. Efficient logistics and supply chain management is instrumental in lowering transportation costs, increasing cash flows and reducing inventory cost. Logistics is the ability of an organization to deliver the right quantity of the right thing at the right place in the right condition and at the right price.

Production logistics is a logistic process that ensures that each machine or workstation is provided with the right item at the right time and in the right quantity. Logistics management, on the other hand, is a component of supply chain management, which is management of a network of interconnected businesses participating in the process of providing a product or service required by the end user.

This is the age of information where every industry is developing new strategies to seize market share, the persons involved in logistics management are finding it difficult to live up to the new standards being set. A diploma in logistics from a reputable business school makes it is easy for the person in charge of a company’s logistics to perform his/her duties in a responsible manner.

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Transportation and Logistics – Accessorial Fees Can Sink a Business

Jul 14 2020 Published by under Uncategorized

If you are a new shipper in the LTL (Less-than-truckload) world, it may seem like big maize at times, without a starting or ending point. There may seem like an overwhelming amount of information that a shipper needs to know, ranging from learning the NMFC classes, to the specifics, like who is the best carrier to haul your freight, and what price will they charge. This is just a glimpse of the Freight World. Seasoned shippers, who have been in the business for 20 plus years, often find themselves being introduced to things that they didn’t know, or thought they knew, and were totally wrong. The Freight World is a dynamic, fast moving industry that warrants attention to details by Logistic Departments. With this being said, one of the trickiest topics to grasp, especially when a company first starts shipping freight, is Accessorial Charges.

Many shippers don’t really think about the consequences of not doing their due-diligence to research what type of equipment is needed for their shipments. They often think that these charges are “small things” when you look at the big picture. The typical thought process from the shipper is, “I’m not worried about it, because the carrier will take care of it.” This mind-set can be dangerous, because if these charges aren’t calculated at the onset of pricing out a shipment, there is a good chance that the cost of the accessorial might cause the shipper to lose profits. Too many of these can cause a negative effect to the bottom line for a company. Carriers use what’s called a Supplemental Bill. The name speaks for itself, as the shipper or bill to party, will get an additional bill after the shipment with the new accessorial charges, if it’s not included on the original bill. Lesson here, is that they will always bill you these charges. This becomes a cash cow for carriers, and allows them to boost their profit margins significantly. The following are a few of the “small things” that a shipper might run into and if not taken care of correctly can add up into “big costs.” Each of these accessorials, at a minimum depending on which carrier is chosen, starts at $25/$50.00 and goes up.

Appointment Notification Prior to Pick Up or Delivery

Inside Delivery

Residential Pickup/Delivery

Hazardous Materials Fee

Sort and Segregation by Driver

Convention or Trade Show Deliveries

Non Commercial & Job Site Deliveries

Border Crossing Fees

Re-Weigh and Re-Classification

Billing Change (especially when proper BOL not used)

Inside Pick Up or Delivery

Church Delivery

School Delivery

Construction Site

In conclusion, the shipper needs to do their JOB on the front end to ensure that unforeseen charges aren’t a surprise to either party. Also, it is highly recommended that before the shipment leaves the warehouse that it is determined who will be responsible for paying these charges.

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Transportation & Logistics – Top 7 Reasons to Use a Freight Forwarder

Jul 14 2020 Published by under Uncategorized

The other day I met a business owner and we begin to discuss the differences in LTL Carriers, 3PL’s and Freight Forwarders. I had asked him who he had better experiences with, and without hesitation he responded, “Freight Forwarders have been much easier for me to work with, although I use all three at my company.” He listed 7 reasons as to why Freight Forwarders have been better of a fit in his supply chain:

Flexibility- Freight Forwarder’s provide a service typically using an Agent network. Many cringe when the word “agent” is thrown around in terms of Logistics, because of the bad reputation that they have received throughout the years. Many customers think that if you are using an Agent network it increases the chances of product being loss, damaged, or stolen- not true. What many don’t understand is that the Agent concept has been around for quite awhile. All carriers have some type of relationship with agents, even the larger carriers such as UPS and Fedex have an agent network in place in some parts of the country. What truly separates companies are their bonds and communication with their agent alliance. When you examine the “good” forwarders they have sound, strong bonds with their agents, and ironically sometimes even better than if they were dealing internally within their own company. To understand this fully you have to realize that these agents survive by looking to provide exceptional service to their carrier partners. The better job they do the more business they will receive. So they want to impress, they want to be accurate in their pickup and deliveries, but it’s the carrier’s job to make sure their(agents) are kept on their toes in terms of performance, accountability, and reliability.

Manageability- Typically when working with a LTL carrier or a 3PL their sometimes tends to be a “loss” of control for customers. If a shipment happens to go astray it often times takes an act of congress to recover and redeliver it to the proper address. A good Forwarder has the ability to use their network to retrieve, recon sign and redeliver to the correct address often times without missing a beat. Many clients strictly use F.F. simply because of this added benefit. The ability to “Quarterback” your shipments the whole way through lies with a Freight Forwarder. LTL companies have too many hubs and processes to deal with which doesn’t allow the flexibility and manageability that a Forwarder can demonstrate on a single shipment, and often times customers find this out the hard way.

Versatility- Options! Options! Options! During today’s economic times customers are finding that having a company that can provide them with viable options allows them the ability to maintain control, reduce costs, and increase efficiencies in their supply chain. When you are looking for your Forwarder examine the services that they can offer and relate them to your business needs. A good forwarder can take the primary shipping role or be used as a supplemental asset when the need arises. Allowing your business to adapt quicker and be more responsive to customer needs as they develop.

Versatility- Often times many companies will state that they are in fact a One Stop Shop, but if you ask enough questions you can determine if this in fact is true. Do they have the real time tracking and tracing capabilities? International? Warehousing and Distribution capabilities? Reporting capabilities? As your business grows these could be things that could help make the difference in your business progress. These help add to being able to allow a customer to grow their business with the least amount of financial output.

Vested Interest in Your Business- When a carrier can become an extension of your business, when they think about ways that you can improve your supply chain more than you do, that’s what a great carrier is made of. So often in business companies spend 90% of their time looking for the company with the cheapest cost whether then the company that can add immediate and consistent value to their supply chain.

All carriers strive for this, but not all reach this point. Reason being is that it takes the WILL to want to be the best carrier, and to want to help your customer beyond single shipments given to you on an Ad Hoc basis, a good freight forwarder weeds through the “stuff that doesn’t matter” to get to the core of the clients goals. How can they make your business run smoother is their main concern. And please understand that this doesn’t always mean being the CHEAPEST carrier in the door, but what it often refers to is being able to look at a company’s Logistic setup and determining can they add efficiency, and reduce cost as a whole.

Cost Savings- As I mentioned in the previous paragraph a good freight forwarder will make it one of it’ main goals to save their customer money, but interestingly enough many times the savings doesn’t come from just giving the customer dirt cheap rates. As a matter of fact if you speak to a top forwarder they will often times tell you that their pricing is fair to moderate? Reason being is that many times being able to provide a solution to an issue might take employing more resources and increasing cost on the front end to achieve for example expedited transit, better customer satisfaction and more efficiency. For example a company shipping from California, who is trying to beat their competition to the punch on the east coast might need to implore the use of a warehouse and distribution facility let’s say in Chicago. Adding this resource will give more control, shorter transit, and a more competitive drive for the Cali Company, and of course as I mentioned earlier increasing customer loyalty.

Quick Thinking- One freight forwarder I spoke with presented an example of how he added value to a new customer by just being inquisitive. The customer had been using UPS ground shipping out product weighing somewhere in the area of 50 lbs. for 10 boxes going to one location, cumulative weight of 500 lbs. Many companies who might have run across something like this would have run away because of the name recognition and reputation of the boys in brown. But not this owner, he realized that he would be able to put together a very strong program for the client based on the cumulative rate of 500 lbs. versus UPS rating the shipment on a per box basis. The bottom line was that he was able to save the customer 30% on his shipments with a much faster transit time.

I always preach that in this day and age the most important thing for a business to understand is their own “business needs…” If they understand the time sensitivity of their product, marketplace, and the needs of their industry they will be able to pick the right company for their logistical needs.

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The Rising Importance Of Logistics Jobs

Jul 14 2020 Published by under Uncategorized

The complexities of the modern economy in the United Kingdom, Europe, and the entire world have meant the increase in logistics needs. Logistics professionals essentially deal with the various shipping, production, and distribution methods as they happen in real time. Proper logistics planning ensures that all of the necessary resources, manpower, and structures are in place to complete the entire production and sales process. However, best laid plans can often go by the wayside due to a last minute client need or a production issue. Logistics jobs are becoming more important because accidents do happen and planning often doesn’t reflect updated information by the minute.

Logistic jobs are important to every industry but there are a number of industries particularly affected by logistics needs. Construction, architectural, and engineering firms are influenced greatly by logistics issues. On the job site, logistic professionals can help out laborers and foremen by ensuring that they have the building supplies to complete the project. At architectural firms, logistics professionals are often the voices of reason in conceptual meetings by providing the financial and transportation realities of a specific project. Indeed, engineering firms need logistics professionals to ensure that every aspect of production is able to go off without a hitch for the same reasons as mentioned above.

Automotive companies need logistics professionals to stay ahead of the competition. Car, truck, and SUV producers have expanded to meet international needs. While business is good for most automotive firms, smaller companies looking to get ahead need to use logistics to their rescue. A good logistics department is able to ensure that production facilities have the raw resources they need, that designers have the information they need to create a reasonable product, and that dealerships are able to house a certain number of vehicles at their facility.

Companies with high volumes of sales for smaller consumer products are in need of exceptional logistics professionals. Warehouses, distribution centers, call centers, and retail outlets need to be coordinated in order to ensure that every customer gets what they need. Telecommunication companies need logistics professionals to coordinate shipping to get the most products possible to each outlet. Publishing firms need logistics professionals to coordinate author appearances with the shipment of the appropriate books to bookstores. Computing equipment companies need logistics professionals to ensure that custom created equipment meets the standards expected by the client. Logistics professionals are need throughout the UK to help keep the economy vibrant.

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Transport and Logistics Company Cuts Down Your Transport Costs

Jul 14 2020 Published by under Uncategorized

Transport makes an inevitable part of any business. It is important for the smooth running of your business. Those industries which are involved in production of goods or supply of raw materials, for them transport forms the backbone of their business. In order to make sure that the products reach their destination on time most of the companies prefer to have their own transport system. But in the long run they find out that the transport system costs them a lot and the management of the system becomes a tough job. So it is better to hand over this task to the transport and logistics companies which have good experience in handling these kinds of jobs.

The transport and logistics companies have taken over the transport industry. The main reason for this is that these companies are well experienced in handling these tasks and they cut down the overall transportation costs and save lot of money. They are well versed with the pros and cons of the transport system. Moreover these companies provide their customers with transportation logistics services. The logistics services include the management of the goods and also involve other services like material handling, transportation, inventory and warehousing. These companies very effectively handle the storage and flow of materials from their point of origin to their destination point.

The transport and logistics companies have extensive knowledge and expertise in dealing with these tasks. They know all the routes and hence can provide the best transport solutions for your business. They carry out the entire shipment tasks in coordinated manner so that there is less complication and all the shipments are carried out on time. They ensure that all the orders are delivered on time. If you outsource your transportation work to these companies then you can cut down the costs to a large extent and can use that money on other operations of your business.

The transport and logistics company free you from the burden of the daunting task of shipping your materials. Big companies largely depend upon this sector for the transportation of their materials. The smaller companies can profit even more from these companies as they rule out the need for hiring staffs and other aspects of transport. These companies are cost effective, manage the delivery tasks in well coordinated manner and provide logistics services which ensure that your products reach their destination within shortest span of time. So outsource your transport tasks to the transport and logistics company and get benefited by their services.

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