Transportations Basic Concepts - LOGISTICS MINI ACADEMY
3rd Issue in are of A) Logistics & Shipping Industry - Short recordings that attempts to explain transportation basics like 3PL, 4PL, carrier, TEU, LCL, FCL or events vs milestones
“Knowledge is of more value than gold.”
King Solomon
We at concircle would like to share our knowledge from industry of transportation and logistics with our customers, partners as well as broader online audience. We run this program to upskill and educate our own consultants in details, concepts and logic how does transportation work and how various “LogTech” tools support it with what kind of benefits. Since this is not really only internal information, but a summary of how industry operates, we would love our viewers to benefit from this as well (so please ignore the statements of internal nature).
Often in our conversations with customers or partners or software vendors we hit this communication roadblock, where we need to establish base terminology and what they mean for given situation. Confusion over the words like "shipment”, "transport load", "transport plan", or "TEU", "LTL” or even who is a 3PL versus 4PL player, can lead to delays and inefficiency in projects.
In below short recordings, we try to explain some of these terms (now in 4 videos, more will come), and establish common understanding. We also share to some degree some best practises in understanding and designing solutions (without yet naming technology).
So here we go with Few basics for Transport:
Who is who in tranport: Learn difference between 3PL and 4PL, and even 2PL (?), why does this matter?
Lenght: 6:47
Physical Supply chain: at begining of project we need to realise our scope, what is the end-2-end supply chain we cover, what Incoterms tells us, and who are larger ocean carriers out there.
Lenght: 7:45
3-letter codes in transporation: There are many codes and abbriviations, this time we talk about various packaging in transportation
Lenght: 9:30 (Screen comes at minute 1:20 - so please little patience !!!)
Logistics Visibility and Track & Trace: The overall transit visiblity, why does it matter and what are the common ways to collect data, including recent rise of "Real Time Visibility Providers” - get educated here!
Lenght: 11:47
In the end we hope and believe these are all good insights and we at concircle can advice more on these concepts, its values, how to design a business case and calculate ROI, as well as how to design your process and architect your technical solution.
Feel free to contact us at: www.concircle.com