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Solutions / Results: Through the lead logistics provider or 4PL and shipper relationship, the 4PL assumed responsibility for execution and management of other 3PLs. The 4PL provided an enhanced ability to view each supplier's key performance indicators integrated with financials. Taking a Customer-Centric Approach.
The second goal was to work with a fourth party logistics (4PL) partner that had invested in cutting-edge transportation management and visibility solutions. A 4PL is a company that plans and executes transportation on behalf of their customers. The final goal was to develop end-to-end visibility based on leveraging data analytics.
This system uses Multi-Echelon Planning as a base combined with statistical models we developed that are applied at different phases of the exercise. His expertise includes after sales supply chain operations, contract logistics, 4PL, inventory planning & management and business development support functions.
Damco offices worldwide take part in surprise scenario exercises, including civil unrest, strikes, protests, adverse weather, unplanned IT systems outage and new regulatory changes, as well as a pandemic scenario. The post Business Resilience App Helps Damco Keep Supply Chains Moving appeared first on Logistics Business® Magazine.
As restrictions on movement are lifted in the UK, stakeholders need to be ever more vigilant, exercising due diligence to ensure that they maintain security, in what is predicted to be a very active period of cargo theft. More advice on this approach is available in the Club’s StopLoss publication.
For any logistics company, running a van fleet can be a costly exercise. A number of factors are thought to be driving this growth, including the ever-upward spiral of the online shopping market and the resultant need to deliver internet shoppers’ orders – particularly to those consumers living in the most densely populated conurbations.
Sufficient due diligence is exercised in partner selection. There is no reason why outsourcing should compromise service quality or customer satisfaction, if: The outsourcing project is managed effectively. Service expectations are clearly and assertively set out during contract development.
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