Podcast
Questions and Answers
Which stakeholder in transportation is typically responsible for organizing and transporting goods from one place to another?
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:
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?
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?
What is the primary objective of a carrier when coordinating pickup and delivery times for multiple shippers?
What is the role of freight forwarders and brokers in the context of transportation?
What is the role of freight forwarders and brokers in the context of transportation?
Which of the following reflects the government's vested interest in transportation?
Which of the following reflects the government's vested interest in transportation?
What is one way the government supports carrier development?
What is one way the government supports carrier development?
What concerns does the public typically have regarding the transportation system?
What concerns does the public typically have regarding the transportation system?
How do customers view delivery times, according to the benefits of TMS?
How do customers view delivery times, according to the benefits of TMS?
What is one way a Transportation Management System (TMS) contributes to warehouse efficiency?
What is one way a Transportation Management System (TMS) contributes to warehouse efficiency?
How does incorporating a TMS into other systems, like ERP, benefit a company?
How does incorporating a TMS into other systems, like ERP, benefit a company?
What benefit does a TMS provide in terms of tracking deliveries?
What benefit does a TMS provide in terms of tracking deliveries?
How does a Transportation Management System (TMS) enhance inventory management?
How does a Transportation Management System (TMS) enhance inventory management?
What role does tracking features play in inventory management when using a TMS?
What role does tracking features play in inventory management when using a TMS?
How can a Transportation Management System (TMS) help lower shipping costs?
How can a Transportation Management System (TMS) help lower shipping costs?
How does a TMS contribute to supply chain visibility?
How does a TMS contribute to supply chain visibility?
What development has made optimized routing more critical than ever?
What development has made optimized routing more critical than ever?
How do businesses benefit from using enhanced routing capabilities in a TMS?
How do businesses benefit from using enhanced routing capabilities in a TMS?
Which of the following is an example of a stakeholder in transportation?
Which of the following is an example of a stakeholder in transportation?
What is the likely outcome of tracking data from TMS?
What is the likely outcome of tracking data from TMS?
If a business wants real-time information about their shipping lifecycles, which of these would be most helpful?
If a business wants real-time information about their shipping lifecycles, which of these would be most helpful?
The best transportation management system will consider _ when determining which route is efficient.
The best transportation management system will consider _ when determining which route is efficient.
Which of the following stakeholders deals directly with bills of lading?
Which of the following stakeholders deals directly with bills of lading?
Why would someone use supply chain visibility (SCV)?
Why would someone use supply chain visibility (SCV)?
What is a main function of freight forwarders and brokers?
What is a main function of freight forwarders and brokers?
Flashcards
Transportation Stakeholders
Transportation Stakeholders
Individuals or entities affected by transport decisions.
Shipper (Consignor)
Shipper (Consignor)
The party that organizes and ships goods.
Consignee (Recipient)
Consignee (Recipient)
The party entitled to take delivery of goods.
Carrier/Agent Definition
Carrier/Agent Definition
Business providing transportation services.
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Freight Forwarder/Brokers
Freight Forwarder/Brokers
Facilitates carrier and customer matching.
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Government's role
Government's role
Has interest in reliable transport for economic/social well-being.
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Public's Perspective
Public's Perspective
The final customer concerned with accessibility, cost, and safety.
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Better Customer Service
Better Customer Service
Lightning-fast delivery and customized delivery times.
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Improved Warehouse Productivity
Improved Warehouse Productivity
Reduces time managing freight, increases time for warehouse tasks.
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Tracking Deliveries
Tracking Deliveries
Tracking shipments ensures cargo arrives.
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Inventory Management
Inventory Management
Helps predict inventory and enhance supply chain visibility.
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Lower Shipping Cost
Lower Shipping Cost
User-oriented solutions for cutting costs.
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Supply Chain Visibility
Supply Chain Visibility
Real-time insight improves response to logistical issues.
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Enhanced Routing Capabilities
Enhanced Routing Capabilities
Supports adaptable pool distribution through optimized routes.
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- 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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