CASE LOCATING AND EVALUATING FREIGHT FORWARDERS

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28.08.2019-348 views -CASE LOCATING AND ANALYZING

 CASE OBTAINING AND CONSIDERING FREIGHT FORWARDERS Essay

п»їFINDING AND EVALUATING FREIGHT FORWARDERS

This is a team job to be prepared in groups of 3-4 students. Some, not really all but this kind of depends on timing, may be asked to present the findings to the group. Sales pitches should be timetabled for approximately 5 (at most 10) minutes.

Development in international trade has increased the importance of logistics and international transport as tactical tools intended for achieving competitive advantage. One solution is to take advantage of the services of a gets forwarder. The evaluation and selection of a freight forwarder is a important strategic decision for managers involved in worldwide operations. From this Management Skill Builder, we focus on a simple approach pertaining to evaluating freight forwarders, with a view to choosing the one which best suits the exporter's needs.

The freight forwarding industry is becoming crowded with many competitors. Leading ocean carriers (e. g., Sea-Land, Nedlloyd, and Maersk) now give forwarding services. Air carriers (e. g., KLM, Lufthansa, and American Airlines) have started targeting large accounts immediately. Recent decades have seen the rise of large international communicate providers (e. g., FedEx, DHL, UPS, and Traveling Tigers) that offer many shipping forwarding solutions cost-effectively, due to their massive economies of level. In this competitive environment, differentiation has become a essential strategic instrument. Freight forwarders are expanding their success and global reach simply by expanding business office locations; integrating electronic info interchange (EDI) facilities to their booking, tracking/tracing, and administration reporting services. EDI can be described as web-based system that allows businesses to exchange all manner of data and information instantaneously. Some forwarders specialize in certain regions, market segments, ports, ways, products, and even routes. To deal with the greater personalization needs of exporters, several forwarders are providing individualized on-site presence and are adding their systems...

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