Stakeholders in Transportation

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Questions and Answers

Which stakeholder in transportation is typically responsible for organizing and transporting goods from one place to another?

  • Consignee
  • Government
  • Carrier
  • Shipper (correct)

A consignee is best described as:

  • The party responsible for the cost of freight.
  • A business performing a transportation service.
  • A person entitled to take delivery of goods under a contract of carriage. (correct)
  • An agent who facilitates carrier and customer matching.

Which entity in transportation seeks to charge customers the highest freight rate while minimizing labor, fuel, and vehicle operating costs?

  • Shipper
  • Freight Forwarder
  • Carrier (correct)
  • Consignee

What is the primary objective of a carrier when coordinating pickup and delivery times for multiple shippers?

<p>To achieve efficient operations. (B)</p> Signup and view all the answers

What is the role of freight forwarders and brokers in the context of transportation?

<p>To act as transport agents, facilitating carrier and customer matching. (A)</p> Signup and view all the answers

Which of the following reflects the government's vested interest in transportation?

<p>To provide reliable service to economic and social well-being. (B)</p> Signup and view all the answers

What is one way the government supports carrier development?

<p>By supporting research and providing rights-of-way (D)</p> Signup and view all the answers

What concerns does the public typically have regarding the transportation system?

<p>Accessibility, expense, effectiveness, environment protection, security, and safety (A)</p> Signup and view all the answers

How do customers view delivery times, according to the benefits of TMS?

<p>As unique to each order and expected as part of the service. (A)</p> Signup and view all the answers

What is one way a Transportation Management System (TMS) contributes to warehouse efficiency?

<p>By minimizing the time spent managing freight and increasing time for other tasks (D)</p> Signup and view all the answers

How does incorporating a TMS into other systems, like ERP, benefit a company?

<p>It decreases the time spent fixing mistakes caused by entry errors. (D)</p> Signup and view all the answers

What benefit does a TMS provide in terms of tracking deliveries?

<p>It helps calculate the time it takes to complete a route. (B)</p> Signup and view all the answers

How does a Transportation Management System (TMS) enhance inventory management?

<p>By enabling companies to predict their inventory with more accuracy (B)</p> Signup and view all the answers

What role does tracking features play in inventory management when using a TMS?

<p>They provide peace of mind knowing that clients will receive their goods on schedule. (C)</p> Signup and view all the answers

How can a Transportation Management System (TMS) help lower shipping costs?

<p>By providing user-oriented solutions for cutting costs (D)</p> Signup and view all the answers

How does a TMS contribute to supply chain visibility?

<p>By enabling real-time access to data from all other integrated systems (B)</p> Signup and view all the answers

What development has made optimized routing more critical than ever?

<p>Shorter order cycles and smaller cargo quantities. (B)</p> Signup and view all the answers

How do businesses benefit from using enhanced routing capabilities in a TMS?

<p>By saving time and money through faster, cheaper delivery (C)</p> Signup and view all the answers

Which of the following is an example of a stakeholder in transportation?

<p>Public (C)</p> Signup and view all the answers

What is the likely outcome of tracking data from TMS?

<p>More effective route schedules (B)</p> Signup and view all the answers

If a business wants real-time information about their shipping lifecycles, which of these would be most helpful?

<p>Reliable TMS Solution (D)</p> Signup and view all the answers

The best transportation management system will consider _ when determining which route is efficient.

<p>Financial factors (C)</p> Signup and view all the answers

Which of the following stakeholders deals directly with bills of lading?

<p>Consignee (C)</p> Signup and view all the answers

Why would someone use supply chain visibility (SCV)?

<p>To act promptly and effectively difficulties (C)</p> Signup and view all the answers

What is a main function of freight forwarders and brokers?

<p>Carrier and Customer Matching (B)</p> Signup and view all the answers

Flashcards

Transportation Stakeholders

Individuals or entities affected by transport decisions.

Shipper (Consignor)

The party that organizes and ships goods.

Consignee (Recipient)

The party entitled to take delivery of goods.

Carrier/Agent Definition

Business providing transportation services.

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Freight Forwarder/Brokers

Facilitates carrier and customer matching.

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Government's role

Has interest in reliable transport for economic/social well-being.

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Public's Perspective

The final customer concerned with accessibility, cost, and safety.

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Better Customer Service

Lightning-fast delivery and customized delivery times.

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Improved Warehouse Productivity

Reduces time managing freight, increases time for warehouse tasks.

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Tracking Deliveries

Tracking shipments ensures cargo arrives.

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Inventory Management

Helps predict inventory and enhance supply chain visibility.

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Lower Shipping Cost

User-oriented solutions for cutting costs.

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Supply Chain Visibility

Real-time insight improves response to logistical issues.

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Enhanced Routing Capabilities

Supports adaptable pool distribution through optimized routes.

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Study Notes

  • Transportation Management presentation by Crisvi Lazaro Villarama

Stakeholders in Transportation

  • Shippers (Consignors)
  • Recipients (Consignee)
  • Carrier/Agents
  • Government
  • Public

Shipper/Consignor

  • This refers to a person or company responsible for organizing and transporting goods from one place to another.
  • The shipper generally bears the cost of freight, unless stated otherwise in the transport contract before shipment.

Consignee/Recipient

  • This is a person entitled to take delivery of goods under a contract of carriage indicated on a bill of lading.
  • Shippers are also known as consignors.

Carrier/Agent

  • Carriers are businesses that perform transportation services.
  • As a service business, carriers want to charge customers the highest freight rate possible while minimizing labor, fuel, and vehicle operating costs.
  • In order to achieve their objective, carriers coordinate pickup and delivery times for a group of shippers to achieve efficient operations.
  • Brokers and freight forwarders, are transport agents that facilitates carrier and customer matching.

Government

  • The government has a vested interest in transportation because of the critical importance of reliable service to economic and social well-being.
  • Governments desire a stable and efficient transportation environment to support economic growth.
  • Governments also promote carrier development by supporting research and providing right-of-way such as roadways and airports.

Public

  • The public is concerned with transportation accessibility, expense, and effectiveness, as well as environmental protection, security, and safety.

Benefits of TMS (Transportation Management System)

  • Better Customer Service
    • TMS helps provide lightning-fast delivery, last-minute adjustments, and unique delivery times aligning with customer expectations.
  • Improved Warehouse Productivity
    • TMS improves warehouse efficiency, reduces the time spent managing freight, and increases time available for warehouse operations.
    • Integrating a TMS with other systems, like ERP (Enterprise Resource Planning), reduces time spent fixing entry errors.
    • Warehouse Management System can be deployed in conjunction with a Supply Chain Visibility Solution.
  • Tracking Deliveries
    • TMS keeps track of where shipments are at all times.
    • Organizations are notified when a cargo is late or has not arrived at the destination.
    • This allows businesses to make necessary adjustments promptly.
    • Tracking data can be used to calculate route completion times for more effective route schedules.
  • Inventory Management
    • TMS enables companies to monitor order and shipping lifecycles in real-time.
    • This allows companies to predict inventory with accuracy, enhancing supply chain transparency and accountability.
    • TMS software provides peace of mind by knowing clients will receive their goods on schedule, thanks to tracking features.
    • Control over inventory management will benefit all other supply chain activities, especially as e-commerce freight transportation grows.
  • Lower Shipping Cost
    • Transportation management software can make a huge difference when it comes to minimizing shipping expenses
    • The best system will look at the financial factors of each logistical route and determine which is the most efficient.
    • Offers user-oriented solutions for cutting costs in areas like fuel consumption or driver overtime.
  • Supply Chain Visibility
    • Transparency across the whole supply chain is possible with today's TMS solutions.
    • Accessing data from all other integrated systems in real-time is a significant advantage.
    • Logistical managers can recognize and act on possible difficulties more promptly and effectively, without sacrificing performance or efficiency.
  • Enhanced Routing Capabilities
    • Optimized routing has never been more critical than today, thanks to shorter order cycles and smaller cargo quantities.
    • Businesses can adopt pool distribution with the help of the appropriate TMS technology.
    • Operators are able to save money and get more control over their delivery because it's faster and cheaper.
    • Picking and delivering cargo might be as simple as selecting the best pool location.
    • More complicated Orders can be broken down and routed individually to save time and money.

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