Consolidation of LCL Transport Lots

Paper Summary:

This report discusses some advantages and disadvantages of consolidating less-than-container-load transport lots. Efficiency is the name of the game in our current global business spectrum. The paper explains that the world appears to have become smaller and a more universally connected body in the sense of trade between disparate cultures. Trade based globalization will continue to be one of the more significant trends that affects the world's economy in the future. The writer points out that a major reason for this is that western nations' consumption rates continue to boost the world's economy as demand continues to escalate to new record highs.
Introduction
Inbound and Outbound Logistics
Modes of Transportation
Process
Shipping Documentation
Conclusion

From the Paper:

"These management systems help improve both the shipping and the inventory control processes within organizations by creating, eliminating or consolidating less-than-container-load transport lots. Multiple shipments of less than full loads are coordinated to meet at some location to be consolidated into a single complete shipment. Transportation management systems simplify this process and have been a part of the manufacturing world for decades. However, they systems were primarily used to manage outbound cargo shipments for business entities. Thus, with these transportation management systems, companies throughout the world were able to control their outbound planning, scheduling, manufacturing, inventory control and more including the various financial aspects of the businesses."

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