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Driving Profitability in Today’s Complex Global Market

23 Oct , 2014,
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Fundamentally, the role of transportation and logistics management is simple: get the right product to the right place at the right time and at the lowest cost. Competition in terms of transportation and logistics depends on speed and intelligence – making the best decisions, quickly turning decisions into action and monitoring the operation every step of the way to deliver the superior service customers expect. Achieving this objective is no small feat in today’s complex global environment. Companies are under intense pressure now more than ever to streamline their operations and overcome unprecedented economic, environmental and industry challenges while still satisfying the ongoing expectations of a rapidly evolving customer base.

Additionally, global trade is significantly rising – depleting fuel and energy resources, lengthening and straining supply chains and ultimately inflating overall supply chain costs. Companies must navigate supply chain bottlenecks and higher freight costs because of network congestion, uncontrollable delays and longer transit times. In addition to offsetting increasing costs, companies now also face progressively stringent security and governmental regulations, as well as global pressure to reduce expenditure by making their operations easier.

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